RGA names new member of board of administrators

RGA names new member of board of administrators | Insurance coverage Enterprise America

Concurrently, she additionally serves on a college’s advisory council

RGA names new member of board of directors


Kenneth Araullo

Reinsurance Group of America (RGA) has introduced the appointment of Alison Rand to its board of administrators, efficient from April 1, 2024.

Beforehand, Rand served because the chief monetary officer for Primerica, an insurance coverage, funding, and monetary companies distribution firm with over 140,000 impartial brokers throughout the US and Canada. Becoming a member of Primerica in 1995 and getting into the manager vice chairman and CFO position in 2000, Rand was key in main Primerica’s preliminary public providing in 2010.

Moreover her new position at RGA, Rand is an impartial director at Areas Monetary Company, contributing to the audit and expertise committees. A College of Florida alumna, with a BS in accounting and authorized public accountant credentials, she actively participates within the college’s Nationwide Basis Board and previously chaired its audit committee.

Presently, Rand can be the vice chair of the Dean’s advisory council on the College of Florida Warrington Faculty of Enterprise.

RGA’s president and CEO, Tony Cheng, highlighted Rand’s contribution to monetary management and her position in constructing investor confidence.

“All through Alison’s tenure as an govt chief, she has been a driving pressure behind attaining monetary excellence and fostering investor belief,” Cheng stated. “Her experience as a former chief monetary officer, mixed along with her background in company finance and danger administration, can be pivotal as we execute on our enterprise technique and proceed our trajectory of progress and success.”

Stephen O’Hearn, RGA’s board chair, additionally commented on Rand’s appointment, declaring her broad information base and abilities in investor relations, strategic planning, and danger administration.

“Alison’s complete information, spanning investor relations, strategic planning, and danger administration, enhances her proficiency in cultivating organizational resilience and powerful board relations,” O’Hearn stated. “Her many years of expertise in management within the North American insurance coverage market will strengthen our Board, and we’re thrilled Alison can be becoming a member of us.”

Elsewhere, the American reinsurer additionally lately introduced an settlement with Japan Put up Insurance coverage Firm (Kampo) for roughly JPY700 billion in-force block of particular person life annuities.

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