RGA REINSURANCE CO
Major Rating Factors:
Fair quality investment portfolio (4.7 on a scale of 0 to 10) with large holdings of BBB rated bonds in addition to junk bond exposure equal to 72% of capital. Exposure to mortgages is significant, but the mortgage default rate has been low. Fair overall results on stability tests (3.6) including negative cash flow from operations for 2022. Good capitalization (5.6) based on good risk adjusted capital (moderate loss scenario).
Other Rating Factors:
Weak profitability (2.3) with operating losses during 2022. Weak Liquidity (2.1).
Stability Factors:
A - Financial problems or weaknesses of a parent or affiliate company.
F - Negative cash flow.
I - Past results on our Investment Safety Index.
L - Past results on our liquidity tests.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Group life (3.3%), group health (1.7%), credit life (1.6%), group annuities (1.3%), credit health (0.1%), other (92.0%)
Licensed in:
All states, the District of Columbia and Puerto Rico
Investments
Invested Assets
Cash
CMO & Structured Securities
Other Investment Grade Bonds
Non-Investment Grade Bonds
Common & Preferred Stock
Mortgages in Good Standing
Non-Performing Mortgages
Real Estate
Other Investments
Investments in Affiliates
Corporate Info
Group Affiliation
Reinsurance Group of America Inc
Investment Rating
Company Address
16600 Swingley Ridge Road
Chesterfield, MO 63017
Chesterfield, MO 63017
Phone Number
(636) 736-7000
NAIC Number
93572
Website
Largest Affiliates
