Reinsurance Group of America (RGA) is heading into 2026 with record earnings, $3.4 billion in deployable capital, and a lot to tell investors. The company named Crystal Lu (pictured) senior vice-president of investor relations, effective June 8, 2026, to manage that relationship with the investment community.
Lu will lead RGA’s investor relations strategy and act as the company’s primary contact with the global investment community. She will report directly to Axel André, executive vice president and chief financial officer.
The appointment comes as RGA closes out its strongest financial year in recent memory. The company posted a 65% surge in full-year net income to $1.18 billion in 2025, with adjusted operating income reaching $1.52 billion. Deployable capital stood at $3.4 billion at year-end, leaving the reinsurer with significant capacity to pursue further transactions.
Much of that growth traced back to RGA’s $32 billion reinsurance transaction with Equitable Holdings, which closed in July 2025. The deal covered a diversified portfolio of life insurance products and expanded RGA’s relationship with Equitable across underwriting, product development, distribution, and investment management.
RGA said the transaction was priced to generate returns within its target range and expected to contribute meaningfully to adjusted operating earnings per share.
With a record year behind it and substantial deployable capital on hand, RGA faces growing pressure to keep investors informed on how it plans to deploy that capital. Lu’s appointment addresses that directly.
Lu joins RGA from Gillson Capital, where she worked as an insurance investor developing sector perspectives that shaped investment decisions. Before Gillson, she held an investing role at Surveyor Capital.
She began her career in equity research at Autonomous Research and Credit Suisse, covering the insurance sector throughout. This focus on insurance across both the buy side and sell side gives her a background that is relatively uncommon for an investor relations appointment at this level.
André said Lu’s analytical background and market experience made her well suited for the role.
“Crystal combines rigorous analytical capabilities with a strong understanding of what matters most to investors,” he said. “Her experience across the insurance industry and capital markets positions her well to further strengthen RGA’s engagement with the investment community.”
Lu holds a Bachelor of Science in Economics from the Wharton School of the University of Pennsylvania, where she graduated with honors. She is also a CFA charterholder.
RGA had approximately $4.3 trillion of life reinsurance in force and total assets of $164.1 billion as of March 31, 2026. The company is listed on the New York Stock Exchange.
