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RREINSURANCE GROUP OF AMERICA INC

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REINSURANCE GROUP OF AMERICA INC

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Company history

General American Reinsurance, a reinsurance division formed in 1973 by General American Life Insurance Company (GA), was the forerunner to RGA. By 1993, GA's reinsurance division had grown its life reinsurance in force to $114.7 billion. General American acquired the life reinsurance business of National Reinsurance of Canada, later renamed General American Life Reinsurance Company of Canada, thereby establishing its first international office; the Canadian business became RGA Life Reinsurance Company of Canada after RGA's initial public offering (IPO).

Incorporated in 1992 in the state of Missouri, Reinsurance Group of America, Incorporated (RGA) was formed as a holding company for RGA's U.S. and Canadian reinsurance businesses. RGA was taken public by IPO in 1993 on the New York Stock Exchange (NYSE: RGA), with General American retaining a 65% share.

MetLife acquired General American in 2000, including its interest in RGA, and after 8 years of ownership, MetLife spun RGA off to become a fully independent company.

Source: Wikipedia
  • Overview
  • Financial statements
  • Metrics
  • Quarterly earnings
  • Similar companies
  • History
  • Insider Transactions