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| Reinsurance Group of America, Incorporated (RGA), with approximately $2 trillion of life insurance in force and assets of approximately $19 billion, is among the largest global providers of life reinsurance. In addition, RGA provides clients with risk management, facultative underwriting, product development and distribution, and financial reinsurance (capital-motivated) services. In addition to its U.S. and Canadian operations, RGA has subsidiary companies or offices in Australia, Barbados, China, Hong Kong, India, Ireland, Japan, Mexico, Poland, South Africa, South Korea, Spain, Taiwan and the United Kingdom. MetLife, Inc. is the beneficial owner of approximately 53% of RGA’s outstanding shares. |
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| During the year, RGA continued to set industry standards for expert underwriting and pricing, as the company offered clients customized products and solutions to transfer risk and improve profitability. |
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| RGA’s global operations delivered strong premium growth in 2006. RGA has been successful in building its global business by leveraging best practices and expertise in one market for the benefit of others, keeping a close watch on industry and market trends, and responding with innovative products and services that help clients prosper and grow. |
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| Its momentum in the Asia Pacific market was validated by an independent survey of life insurers. The survey, generated by NMG Financial Services Consulting in its annual review of Asia’s life and health reinsurers, named RGA the leading life reinsurer of new business. |
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| The Asia Pacific results were remarkable in view of RGA’s relatively brief time-in-market: The survey clearly indicated that RGA has moved into the top tier of reinsurers from a standing start within the last decade. NMG surveyed key decision-makers and influencers of approximately 150 insurance companies in 15 Asia Pacific countries. RGA’s leadership in terms of new business market share was based on the company’s proactive relationship management, fair terms of trade and competitive pricing, as well as its creativity and ability to solve problems. |
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