With more than 700 employees across eight offices serving 15 markets across Asia, RGA is well-positioned from both a capacity and capabilities perspective to bring pioneering new solutions to the region.
A consistent, disciplined approach, coupled with global expertise, financial strength and strong traditional underwriting capabilities, provides a stable platform to promote long-term success for its clients and together work to make financial protection accessible to all.
In a region where technology changes rapidly, RGA focused efforts on leveraging a differentiated skillset to deliver custom digital solutions in the past year. It produced a market first digital reinsurance underwriting solution in Japan; worked with a major insurer in South Korea to launch a market-first discount rider product that employs predictive mortality risk scores, based on individual credit data; and developed SEP, a data-driven automated underwriting solution that accepts more than 16,000 international classification of disease code-based minor pre-existing medical conditions validated through rigorous analysis of claims data.
With an innovative yet pragmatic approach, RGA’s business development and technical experts collaborate with clients and partners to meet consumers’ needs across various Asian markets. Its thought leaders around the world also produced research papers and articles to address the industry’s most urgent and emerging issues.
RGA’s unique approach to product development helps narrow the protection gap in Asia. Leveraging global expertise, the organisation’s innovation ecosystem and culture empower all local experts to collaborate with our clients to develop propositions that meet end-consumers’ insurance needs in their markets, optimise the insurance value chain, and create long-term, sustainable value. This ultimately helps its clients provide financial protection to more people, including underserved segments.
Sponsored by Muang Thai Life
Muang Thai Life Assurance Public Company Limited (MTL), a life insurance companies in Thailand, has developed its business direction to reinvent happiness and ensure its sustainability under the concept of ‘Happiness Reinvented’ which is to deliver happiness consistently to customers, employees, partners, shareholders and society. MTL helps customers attain financial security and lead healthy and fulfilling lives.
MTL has been rated by Fitch Ratings at AAA (tha) with A- stable outlook (as of 22 March 2023); and by S&P at BBB+ stable outlook (as of 31 October 2022) due to solid financial performance, support from major shareholders, strong market expansion and the continuous increase of income and profits.
MTL has been chosen for many prestigious awards such as the Life Insurance Company of the Year (2014, 2017 and 2018) from Asia Insurance Review, Hall of Fame from OIC in 2020-2022 etc.
With 72 years of experience in operating an innovation-oriented life insurance business, MTL is committed to strengthening its foundation to serve its customers. MTL aims to be the ‘No.1 Most Trusted Life & Health Partner in order to be a trusted lifetime partner.
MTL in the AEC region seeks to drive sustainability and has leveraged diversified preferred partners as ecosystem orchestrators across all industries and segments.
www.muangthai.co.th
15 окт 2024
