Reinsurance Group of America Receives Certification for Binding Corporate Rules
RGA is the first reinsurer to secure BCR approval as both data controller and processor
The BCR standard demonstrates compliance with guiding principles that allow RGA to facilitate the transfer of data within the organization across its global geographical footprint. Through BCR approval, regulators have the ability to hold RGA accountable for its data protection practices in and beyond the
“BCRs are a globally recognized gold standard and signal our ongoing commitment to protecting the data of our clients, partners, and ceding companies,” said
BCRs are only approved following a positive opinion from the European Data Protection Board (EDPB) and a rigorous review conducted by multiple data protection authorities. European data protection standards and laws are widely regarded as among the most comprehensive and strict in the world. These laws require organizations to comply with various data protection requirements, including ensuring fair and lawful processing, providing appropriate technical and organizational security, and guaranteeing respect for individuals' data protection rights.
For more information and to view RGA’s BCRs, please visit www.rgare.com.
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