Reinsurance Group of America Inc. (RGA) is giving $50,000 to the Japanese Red Cross and the American Chamber of Commerce in Japan Disaster Relief Fund.
Japan and its people are still coping with the aftermath of the Great Tohoku Earthquake that struck March 11, devastating tsunamis, many earthquakes that have shaken the country since the March 11 earthquake, problems with nuclear reactors, and difficulties with distributing motor vehicle fuel and food.
RGA, Chesterfield, Mo. (NYSE:RGA), has a branch office in Tokyo. Each of the 73 RGA employees in Japan is safe, the company says.
“We extend our condolences and deepest sympathy to those who have been directly affected by this enormous tragedy, and offer our support and sincere wishes for their recovery,” Allan O’Bryant, president of the RGA branch in Japan, says in a statement. “RGA has close ties to Japan and is committed to the continued growth of its insurance industry and overall economy.”
RGA remains fully committed to its clients in Japan and to the country as a whole, O’Bryant says.
RGA employees are raising money to supplement the company donation, RGA says.
Other Japan coverage from National Underwriter Life & Health”
- Rating Agency: Tohoku Life Insurance Claims to Exceed $3.7 Billion
- Northwestern Mutual Fund Stands Up for Japan
- More Carriers Support Japan Relief Effort
- ACLI President Reacts to Crisis in Japan
- Aflac Donates 100 Million Yen for Disaster Relief Efforts in Japan
- Life Insurers, Analysts Ponder Effects of Japan Earthquakes