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Reinsurance Group of America, Incorporated (RGA) has achieved significant milestones and recognitions in various areas. The company has been listed at #223 on the 2024 Fortune 500 list and was honored as the "Life Reinsurer of the Year" by the Middle East Insurance Review at the 10th Middle East Insurance Industry Awards 2023. RGA's board was named the winner of the 2023 National Association of Corporate Directors' Diversity, Equity, and Inclusion award and was recognized on the 2023 Bloomberg Gender Equality Index for its commitment to diversity and inclusion.
Financially, RGA has maintained strong ratings from S&P, A.M. Best, and Moody's, with all ratings on a stable outlook. The company is committed to governance, social impact, and sustainability, targeting a net-zero greenhouse gas (GHG) emissions by 2026 and a 20% annual reduction in carbon intensity. RGA is also focused on increasing investments in renewable energy, health, education, and sustainable development as part of its sustainability strategy.
The leadership team at RGA includes President and CEO, Tony Cheng, who took on the role of CEO on January 1, 2024, and President on January 4, 2023. Jonathan Porter serves as the Executive Vice President and Global Chief Risk Officer, leading RGA's global enterprise risk management efforts. Leslie Barbi is the Executive Vice President and Chief Investment Officer, responsible for RGA's investment management team. Todd C. Larson is the Chief Financial Officer, overseeing RGA’s financial and capital management.
Ron Herrmann, Executive Vice President and Head of the Americas, leads RGA’s business lines across North and South America, while Dustin Hetzler, Executive Vice President, Global Financial Solutions, oversees all GFS product lines. Arthur Ozeki is the Executive Vice President and Head of Asia Pacific, and Simon Wainwright is the Executive Vice President and Head of EMEA, responsible for leading the management and growth of RGA’s businesses and operations in the UK, Ireland, continental Europe, and the Middle East.
J. Jeffrey Hopson, CFA, serves as the Senior Vice President of Investor Relations, managing RGA’s financial communications with the investment community.
The market has reacted to these announcements by moving the company's shares -3.0% to a price of $200.31. If you want to know more, read the company's complete 8-K report here.
