Reinsurance Group of America, Incorporated

What is the true mortality impact of the most common #mentalhealth conditions? In a new study using a dataset of 9.2 million individuals, RGA employed advanced statistical modeling to examine the elevated mortality risks associated with anxiety, depression, and bipolar disorder. The study and this article from Guizhou Hu and Yingfei (Casey) Wang offer insurers valuable insights as they underwrite and develop products for people with mental health conditions. https://bit.ly/3BXe0pW #RGAMentalHealthResources #MentalHealthAdvocacy

We’re proud to announce that RGA has been recognized as a winner of the Outstanding Reinsurance Scheme Award at the Hong Kong Insurance Awards 2024, organized by The Hong Kong Federation of Insurers. This honor highlights our steadfast pursuit of excellence and innovation in delivering holistic solutions tailored to our clients’ needs. It’s a reflection of our team’s deep industry expertise as well as the collaborative partnerships we have cultivated throughout the industry. We sincerely thank the HKFI and everyone who has supported us on this journey. Together, we are taking significant strides in making financial protection accessible to all.

We take great pride in the RGA Leaders of Tomorrow program and empowering the next generation of industry innovators and visionaries. The program connects rising stars from all over the world with accomplished executive mentors who provide invaluable guidance. As our President and CEO, Tony Cheng, experienced firsthand as a 2016 mentee, it's a transformative opportunity to deepen industry acumen, strengthen leadership skills, and gain the confidence to drive meaningful change. Nurturing emerging talent is critical to ensuring a bright future for insurance. We're continually inspired by the bold ideas and passion these Leaders of Tomorrow showcase year after year when tackling major industry challenges. Thank you to all the RGA mentors and mentees, past and present, who have made this program such a profound success over the past decade. Your dedication to lifelong learning and paying it forward will propel our industry to new heights. Here's to many more years of developing exceptional leaders who will shape the future of insurance! https://bit.ly/40mJv6S

RGA is thrilled to announce our partnership with Prudential Hong Kong on MedScreen+ – an innovative, first-in-market underwriting solution that’s revolutionizing the application process. Leveraging RGA’s digital underwriting engine alongside optical character recognition (OCR) and AI capabilities, MedScreen+ automates the assessment of over 160 medical tests and health check-up data. This allows for indicative underwriting guidance in over 50% less time than traditional methods. For customers, it means a simpler, more transparent path to protection without endless paperwork and delays. Underwriters can focus on more complex cases while providing faster turnaround. It’s a true game-changer. We’re proud to partner with the forward-thinking team at Prudential on such an impactful innovation. As Carmony Wong, RGA Senior Vice President and Chief Executive Officer, Hong Kong, said, “This collaboration underscores our shared commitment to customer excellence and our dedication to digitally enabling the customer experience.” Congratulations to everyone involved in making this pioneering solution a reality. https://prn.to/3NFxx0R

🚂 Prompt engineering isn't going the way of the gandy dancer any time soon. Don't know what a gandy dancer is? Don't worry. RGA artificial intelligence expert Jeffrey Heaton takes a look at this long-forgotten profession and explains why those who can effectively prompt AI will be vital to the insurance industry's future. https://bit.ly/3MmbN9s

As a proud gold sponsor of the Asian Actuarial Conference 2024, RGA was excited to lead discussions around this year’s theme, “Exploring the Future of Insurance and Beyond: Innovation, International Hubs, and Hong Kong.” The conference offered a valuable platform for RGA to engage with more than 700 delegates to innovate, ideate, and collaborate. RGA's very own Carmony Wong took the stage in a dynamic panel discussion focused on “Talent Strategies for the Fast-Evolving Industry Landscape.” The discussion explored the transformative impact of attracting and retaining talent, fostering diversity, and leveraging technology to build relationships that lead to innovative talent solutions. Key takeaways included the importance of adapting to market changes and utilizing talent to drive innovation and growth. Michael Rolfe moderated a compelling panel on “International Hubs,” highlighting how Hong Kong can attract global talent and foster innovation. The panel addressed demographic challenges and the integration of sustainable practices in the insurance sector, emphasizing the role of emerging technologies and regulatory support. #AAC2024 #Innovation #TalentStrategies #InternationalHubs #ashk #HKactuaries

At RGA, we believe prioritizing mental wellness is vital for cultivating an inclusive, supportive workplace where employees can thrive. That's why we've made it a focus to open dialogue and raise awareness around this important topic through engaging initiatives worldwide. Recently in Asia Pacific, our "Break the Silence: Leading with Wellness at Work" virtual event drew a record number of attendees for actionable insights on mental health in the workplace. In Korea and London, employees were encouraged to use simple acts of meditation like coloring as a creative outlet for improving focus, mindfulness, and processing emotions. From candid panel discussions to creative wellness activities, RGA is fostering supportive environments where everyone feels empowered to prioritize self-care.

Have “deaths of despair” among males during the UK’s turbulent decades in the 80s and 90s disproportionally affected projected mortality for that population? This is one of the factors analyzed in Michael Anderson's new article, which takes another look at the UK Continuous Mortality Investigation (CMI) Mortality Projections Model. It’s all part of RGA’s commitment to bringing our clients and partners the latest analysis of mortality across our global markets. https://bit.ly/4ebRDeA

RGA upsizes coinsurance agreement with Tongyang Life, expanding the first-of-its-kind cross-jurisdictional coinsurance transaction in South Korea. Read the full press release here: https://bit.ly/3NzUjqV

What’s new in generative artificial intelligence (GenAI)? In the first of his new series of quarterly article + video updates, RGA #GenAI expert Jeffrey Heaton shares recent technological advances and outlines their relevance to the insurance industry. This installment considers different GenAI model types and how to evaluate them. Have a question or comment for Jeff? Join the conversation. https://bit.ly/4dz5hrb