RGA believes that it now has the second largest market share in the U.S. life reinsurance market, the company says in an offering prospectus supplement. The aging of the U.S. population and the need for reinsurance arrangements to protect life insurers involved in mergers and acquisitions should lead to a growing demand for life reinsurance, RGA says.
But, given the recent extreme volatility, it is possible that “adverse capital and credit market conditions may significantly affect our ability to meet liquidity needs, access to capital and cost of capital,” RGA says in a description of offering risk factors.