Reinsurance Association of America


Reinsurance Association of America

Reinsurance Association of America (RAA) operates as a trade association of property and casualty reinsurers. The Company offers advocacy, analysis, financial data, and educational services.

Organization Type:
National Trade or Professional Association
Acronym:
RAA
Tax Exempt Status:
501(c)(6)
Industry:
Banking/Finance/Investments, Insurance Industry, Investments/Securities Industry
Year Founded:
1968
Address:
1445 New York Ave. NW
Seventh Floor Washington, DC 20005
Telephone:
Fax:
Staff:
29
Members:
32 Underwriting Members and 9 Reinsurance Broker Members and 6 Life Members


Financial Snapshot

 

Total revenues: $8,983,649


Year - 2017
1st-yr growth
2.35%
 
 
 
 
 
Year by Year
Revenue
 
Program service revenue
 
Sales of non-inventory assets
 
Investment income
 
Other

Total expenses: $8,944,685


Year - 2017
1st-yr growth
6.27%
 
 
 
 
 
Year by Year
Expenses
 
Compensation of current officers, directors, etc
 
Compensation for non-officers/directors
 
Conferences, conventions, meetings
 
Other

Total assets: $5,979,023


Year - 2017
1st-yr growth
8.79%
 
 
 
 
 
Year by Year
Assets
 
Savings and temporary cash investments
 
Investments in publicly traded securities
 
Other assets
 
Other

Total Liabilities: $2,880,679


Year - 2017
1st-yr growth
14.35%
 
 
 
 
 
Year by Year
Liabilities
 
Other liabilities
 
Deferred revenue
 
Accounts payable and accrued expenses

   Revenue:

Revenue: Amount ($)
Program service revenue 8,690,286
Sales of non-inventory assets 129,232
Investment income 121,518
Miscellaneous revenue 42,613
Gaming income 0
Tax-exempt bond proceeds 0
Fundraising income 0
Royalties 0
Total contributions 0
Income from sales of inventory 0
Net rental income 0
Total Revenue:

$8,983,649

1-yr growth
2.35%
Program service revenue
Sales of non-inventory assets
Investment income
Miscellaneous revenue

   Expenses:

Expenses: Amount ($)
Compensation of current officers, directors, etc 2,714,209
Compensation for non-officers/directors 2,162,150
Conferences, conventions, meetings 746,566
Lobbying fees 619,280
Occupancy 597,687
Pension plan contributions 578,560
Other employee benefits 290,293
Other fees 265,902
Travel 251,253
Payroll taxes 210,349
Other expenses 208,701
Office expenses 82,302
Information technology 72,115
Investment management fees 39,656
Insurance 28,165
Accounting fees 23,591
Legal fees 22,177
Depreciation, depletion, amortization 17,622
Advertising and promotion 14,107
Royalties 0
Travel/entertainment expenses to public officials 0
Interest expense 0
Payments to affiliates 0
Professional fundraising fees 0
Management fees 0
Compensation of disqualified persons 0
Grants to governments/orgs in the US 0
Grants to individuals in the US 0
Grants to orgs and individuals outside the US 0
Benefits paid to or for members 0
Total Expenses:

$8,944,685

1-yr growth
6.27%
Compensation of current officers, directors, etc
Compensation for non-officers/directors
Conferences, conventions, meetings
Lobbying fees
Occupancy
Pension plan contributions
Other employee benefits
Other fees
Travel
Payroll taxes
Others

   Assets:

Assets: Amount ($)
Savings and temporary cash investments 2,109,164
Investments in publicly traded securities 1,715,681
Other assets 1,713,659
Accounts receivable 222,826
Cash -- non-interest bearing 119,402
Prepaid expenses or deferred charges 80,362
Land, buildings, & equipment (net) 17,929
Pledges and grants receivable 0
Inventories for sale or use 0
Investments in other securities 0
Receivables from officers, directors, etc. 0
Receivables from disqualified persons 0
Notes and loans receivables 0
Program-related investments 0
Intangible assets 0
Total Assets:

$5,979,023

1-yr growth
8.79%
Savings and temporary cash investments
Investments in publicly traded securities
Other assets
Accounts receivable
Cash -- non-interest bearing
Prepaid expenses or deferred charges
Others

   Liabilities:

Liabilities: Amount ($)
Other liabilities 1,985,013
Deferred revenue 818,221
Accounts payable and accrued expenses 77,445
Tax-exempt bond liabilities 0
Escrow or custodial account liability 0
Loans and other payables to officers, directors, etc. 0
Secured mortgages and notes payabl 0
Unsecured mortgages and notes payable 0
Grants payable 0
Total Liabilities:

$2,880,679

1-yr growth
14.35%
Other liabilities
Deferred revenue
Accounts payable and accrued expenses

   Net Assets:

Net Assets: Amount ($)
Unrestricted net assets 3,098,344
Temporarily restricted net assets 0
Permanently restricted net assets 0
Total Net Assets:

$3,098,344

1-yr growth
4.08%
Unrestricted net assets

Key Staff

  
Name Ascending
Title 
Function 
Add Prospect 
Ann-Marie Mwombela Manager, Projects Education, Senior Executive ...X
Dennis C. Burke Vice President, State Relations Government Relations, Lobby Day Contact, Senior Executive ...X
Franklin W. Nutter President Executive Director, PAC Contact, Political Action ...X
Geneva P. Green Coordinator, Financial Reporting Finance, Government Relations, Lobby Day Contact ...X
J. Christopher Shue Vice President and Director, Information Services Administration, Communications/Public Relations, Computer/Information Technology, Senior Executive ...X
Johnetta Riley Manager, Education Program Conventions/Meetings, Education ...X
Joseph B. Sieverling Senior Vice President and Director, Financial Services Finance, Government Relations, Lobby Day Contact, Senior Executive ...X
Kara Morell Senior Vice President and General Counsel Administration, Legal, Senior Executive ...X
Marsha A. Cohen Senior Vice President and Director, Education Administration, Education, Senior Executive ...X
Mary Z. Seidel Treasurer Director of Government Relations, Finance, Government Relations, Lobby Day Contact ...X
Nicole C. Austin Senior Vice President, Federal Affairs Government Relations, LDA Contact ...X
Paul Martin Vice President, State Relations Senior Executive ...X
Robyn L. Morriss Senior Vice President, Membership Services and Business Operations Marketing, Membership, Operations ...X
W. Scott Williamson Vice President and Director, Financial Analytics Finance, Government Relations, Lobby Day Contact, Senior Executive ...X

Meetings/Conferences

Year Descending
Name 
Location 
Facility 
From 
To 
Attendance 
Exhibitors 
Facility Amenities 
2015Re Claims New York City , NY , United States Westin New York Grand Central October 15 October 16    ...X

Publications

Name 
Frequency 
Advertising 
Arbitrators DirectoryonlineNo...X
Membership DirectoryonlineNo...X
Reinsurance Underwriting ReportquarterlyNo...X

Recent Lobbying Spending

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

2019 Q4: $430,000
2019 Q3: $420,000
2019 Q2: $400,000
2019 Q1: $240,000
2018: $1,040,000


PAC Details

Name: Reinsurance Association of America Political Action Committee



FEC ID: C00256453



Last updated: 5/14/2020 12:00:00 AM


PAC Contributions

(2019-2020)

Contributions

 Republicans  Democrat

Outside Representation

Firm Name Ascending
Reg/ Term 
Date 
Capitol Counsel, LLCRegistration 07/01/2018 ...X
The Accord GroupTermination 12/31/2010 ...X
Washington Advocates GroupRegistration 01/02/2019 ...X
Williams & Jensen, PLLCRegistration ...X

Legislative Issue Focus

Source: Lobbying Disclosure Electronic Filings, Office of the Clerk, U.S House of Representatives.

Active Legislation

H.R. 1158 Consolidated Appropriations Act, 2020
H.R. 1595 Secure And Fair Enforcement Banking Act of 2019
H.R. 1610 State Flood Mitigation Revolving Fund Act of 2019
H.R. 1666 To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes.
H.R. 1862 Federal Insurance Office Abolishment Act of 2019
H.R. 1865 Further Consolidated Appropriations Act, 2020
H.R. 2479 Primary Regulators of Insurance Vote Act of 2019
H.R. 3055 Further Continuing Appropriations Act, 2020, and Further Health Extenders Act of 2019
H.R. 3167 National Flood Insurance Program Reauthorization Act of 2019
H.R. 3351 Financial Services and General Government Appropriations Act, 2020

    View All

Contractors

Contractor Ascending
Service Category 
Reported Year Descending
Reported Compensation 
Capitol Counsel, LLC Lobbying/Advocacy/Legal2020 $30,000 ...X
Capitol Counsel, LLC Lobbying/Advocacy/Legal2019 $180,000 ...X
Washington Advocates Group Lobbying/Advocacy/Legal2019 $20,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2019 $160,000 ...X
Capitol Counsel, LLC Lobbying/Advocacy/Legal2018 $60,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2018 $120,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2017 $120,000 ...X
WILLIAMS AND JENSEN PLLC OUTSIDE COUNSEL, FEDERAL REPRESENTATIVE2017 $163,232 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2016 $160,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2015 $160,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2014 $160,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2013 $160,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2012 $160,000 ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2011 $160,000 ...X
The Accord Group Lobbying/Advocacy/Legal2010 - ...X
Williams & Jensen, PLLC Lobbying/Advocacy/Legal2010 - ...X

***Disclaimer: This information has been sourced from a combination of the IRS Forms 990, 5500, and the Federal Audit Clearinghouse



 
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