REINSURANCE GROUP OF AMERICA, INCORPORATED (NYSE:RGA) Files An 8-K Results of Operations and Financial Condition
Item 2.02
Results of Operations and Financial Condition.
On January 28, 2019, Reinsurance Group of America, Incorporated issued (1)a press release (the “Press Release”) announcing its earnings for the three-month period ended December 31, 2018, and providing certain additional information, a copy of which is furnished with this report as Exhibit 99.1, and (2)a quarterly financial supplement (the “Quarterly Financial Supplement”) for the quarter ended December 31, 2018, a copy of which is furnished with this report as Exhibit 99.2. The Press Release also notes that a conference call will be held on January 29, 2019 to discuss the financial and operating results for the three-month period ended December 31, 2018. The information set forth in this Current Report on Form 8-K, including the Press Release and Quarterly Financial Supplement, is being furnished and shall not be deemed to be “filed”, as described in Instruction B.2 of Form 8-K.
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Item 2.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 24, 2019, the Board of Directors (the “Board”) of the Company appointed Steven C. Van Wyk to the Board, effective as of February 1, 2019, for a term of office ending at the 2019 annual meeting, or until his successor is duly elected and qualified. The addition of Mr. Van Wyk increases the size of the Board to twelve directors.
Mr. Van Wyk, 60, has more than 30 years of information technology and operations experience. Since 2013, Mr. Van Wyk has been employed by PNC Financial Services Group, Inc. (“PNC”) and currently serves as Head of Technology & Innovation. Prior to PNC, Mr. Van Wyk was with ING Groep N.V. for seven years.
Mr. Van Wyk holds degrees in Business Management and Accounting with a minor in Computer Science from Central University of Iowa. He is a Certified Public Accountant and a Certified Internal Auditor. In addition, Mr. Van Wyk has a Series 27 license and is Chairman of the Board for the Banking Industry Architecture Network.
The Company is not aware of any transactions, proposed transactions, or series of either to which the Company or any of its subsidiaries was or is to be a participant since January 1, 2018, in which the amount involved exceeds $120,000 and in which Mr. Van Wyk had, or will have, a direct or indirect material interest.
There are no arrangements or understandings between Mr. Van Wyk and any other person to which he was elected as a director. Mr. Van Wyk will participate in the non-employee director compensation arrangements established by the Company for non-employee directors, as described under “Board of Directors-Director Compensation” in the Company’s proxy statement dated April 11, 2018 for its 2018 annual meeting of shareholders. Mr. Van Wyk has not yet been named to any committees of the Board.
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Item 2.02 |
Regulation FD Disclosure. |
The Company issued a press release (the “Press Release”) announcing the appointment of Mr.Van Wyk to the Board, a copy of which is furnished with this report as Exhibit 99.3. The information set forth in this Item 2.02, including the Press Release, is being furnished and shall not be deemed to be “filed”, as described in Instruction B.2 of Form 8-K.
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Item 2.02 |
Financial Statements and Exhibits |
(d) Exhibits.
REINSURANCE GROUP OF AMERICA INC Exhibit
EX-99.1 2 pressrelease4q18.htm EXHIBIT 99.1 Exhibit Exhibit 99.1 PRESS RELEASEREINSURANCE GROUP OF AMERICA REPORTS FOURTH-QUARTER RESULTS •Earnings per diluted share: $1.72 from net income,…
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About REINSURANCE GROUP OF AMERICA, INCORPORATED (NYSE:RGA)
Reinsurance Group of America, Incorporated (RGA) is an insurance holding company. The Company provides traditional and non-traditional life and health reinsurance. The Company has geographic-based or function-based segments, including U.S. and Latin America; Canada; Europe, Middle East and Africa; Asia Pacific, and Corporate and Other. Its geographic-based operations are further segmented into traditional and non-traditional businesses. Its subsidiaries include Reinsurance Company of Missouri, Incorporated, RGA Americas Reinsurance Company, Ltd., RGA Reinsurance Company (Barbados) Ltd. and RGA Reinsurance Company of Australia Limited. Traditional reinsurance includes individual and group life and health, disability, and critical illness reinsurance. Non-traditional reinsurance includes longevity reinsurance and asset-intensive reinsurance. Its operations offer traditional life and health reinsurance, reinsurance of asset-intensive products, and financial reinsurance.