RGA helps Mapfre break into life market

RGA Reinsurance Company, the principal operating subsidiary of Reinsurance Group of America, has helped Mapfre USA enter the US life insurance market in the US.

The companies said that RGA had provided Mapfre with key support for its initial life offering, a term life product.

RGA provided consultative assistance in the development of Mapfre’s initial life offering and will also provide ongoing underwriting and risk assessment support for the product via AURA, RGA’s proprietary e-underwriting solution.

“RGA is very pleased to have been chosen by MAPFRE to support its expansion into the U.S. life insurance market. We look forward to our continued partnership with MAPFRE,” said Anna Manning, executive vice president, head of US and Latin American markets, RGA.