Moody's affirms Reinsurance Group of America

Moody's Investors Service said it affirmed Reinsurance Group of America, Inc.'s senior debt rating at Baa1 and RGA Reinsurance Co.'s insurance financial strength rating at A1.

The outlook is stable.

Moody's said that its affirmation of RGA's ratings is based on the expectation that the company will maintain its strong and stable business and financial profile.

"RGA benefits from the company's strong market position in the North American life reinsurance industry, its status as a key player in facultative reinsurance and its expertise in managing mortality risk," senior vice president Scott Robinson said in a news release.

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