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RGA Announces $3.5 Billion Coinsurance Agreement with American National Insurance Company
Contract Type
agreement
ChesterfieldFinanceInsurtechInsuranceDescription
Reinsurance Group of America, Incorporated (RGA) today announced it has reached an agreement with American National Insurance Company and its affiliates (collectively, “American National”) to reinsure a diversified block of life business through a coinsurance arrangement. The transaction closed on August 26, 2024, with an effective date of July 1, 2024. The coinsurance agreement exemplifies RGA's close collaboration with clients and comprehensive understanding of their needs.