RGA Canada helps our clients capitalize on opportunities by applying knowledge, ideas, and insights from our diversified business lines and global operations. As a Canadian life reinsurer, RGA is regulated by the federal Office of the Superintendent of Financial Institutions (OSFI). RGA is a market leader in Canada.
In 2023, RGA Canada strengthened its position as the reinsurer with the highest amount of in-force individual life insurance business in the market, ending the year with $494 billion in force. A proven growth strategy generated total 2023 revenues of $1.6 billion and produced $143 million in pre-tax operating income. RGA Canada also celebrated a historic underwriting milestone in 2023: more than 31 years after the first case was underwritten, RGA Canada reviewed its one-millionth facultative case in December 2023. This landmark event underscores RGA’s commitment to tailored risk assessment and client-centric service in the Canadian insurance market. For 14 of the last 15 surveys (including 2023), ceding companies in Canada have ranked RGA #1 on NMG Consulting’s All-Respondents Business Capability Index, reflecting our deep belief that when clients succeed, RGA succeeds together with them. We invite you to contact us to see how we can develop customized reinsurance solutions – whether to launch a new product on the market, increase the profitability of a current product, or improve the management of your risks and your capital through financial solutions.