Reinsurance Group of America, Incorporated
Reinsurance Group of America, Incorporated (RGA) is engaged in individual life, asset-intensive, critical illness, and financial reinsurance in the US, Canada, Europe, South Africa, and Asia Pacific. RGA is a subsidiary of General American Life Insurance Company, holding 51.7% of the total outstanding shares. The company offers insurers and reinsurance of traditional life insurance products, consisting term, credit, universal and whole life insurance; joint, and last survivor insurance. It also offers creditor reinsurance, group life, and health reinsurance; non-guaranteed critical illness products; and annuities, financial reinsurance, and direct premiums. In addition, it offers reinsurance for superannuation and disability income, as well as reinsurance for investment-related risks. The company is headquartered in Chesterfield in the US.The company reported revenues of (U.S. Dollars) USD 5,681.20 million during the fiscal year ended December 2008, a decrease of 0.65% from 2007. The operating profit of the company was USD 280.39 million during the fiscal year 2008, a decrease of 40.96% from 2007. The net profit of the company was USD 176.80 million during the fiscal year 2008, a decrease of 39.83% from 2007.