Reinsurance Group of America Elects New Chairman of the Board
ST. LOUIS--(BUSINESS WIRE)--Jan. 24, 2002--The Board of Directors of Reinsurance Group of America, Incorporated (NYSE:RGA) has elected Stewart G. Nagler, vice chairman of the board and chief financial officer of MetLife, Inc. (NYSE:MET), as chairman of the board.
The board also elected Joseph A. Reali, senior vice president and tax director of MetLife, as an RGA Director of the Board replacing John H. Tweedie, who retired from MetLife and resigned from the board of RGA on December 31, 2001.
Mr. Nagler replaces Richard A. Liddy, who is retiring from RGA's board in April.
The company said it welcomed the opportunity to work more closely with MetLife senior executives on the goal of enhancing shareholder value.
Reinsurance Group of America, Incorporated, through its subsidiaries, RGA Reinsurance Company and RGA Life Reinsurance Company of Canada, is among the largest providers of life reinsurance in North America. In addition to its North American operations, Reinsurance Group of America, Incorporated has subsidiary companies or branch offices in Argentina, Australia, Barbados, Bermuda, Spain, Mexico, Hong Kong, Japan, Taiwan, South Africa and the United Kingdom. Worldwide, the Company has approximately $616 billion of life reinsurance in force, and assets of $6.9 billion. Metropolitan Life Insurance Company is the beneficial owner of approximately 58 percent of RGA's outstanding shares.
|SOURCE:||Reinsurance Group of America, Incorporated|
|CONTACT:||Reinsurance Group of America, Incorporated|
|Julie Hardeman, 636/736-7510|