Insurance

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Workers' Compensation Reinsurance Association

Workers' Compensation Reinsurance Association was established in 1979. James Heer leads the organization as President and CEO. The association allocates across...

Workers' Compensation Reinsurance Association logo

Workers' Compensation Reinsurance Association

Workers' Compensation Reinsurance Association was established in 1979. James Heer leads the organization as President and CEO. The association allocates across public equities, private equity, private debt, real estate, and natural resources. Confirmed holdings include a $704 million alternative investment portfolio of 42 partnership commitments and separate positions in core and healthcare real estate as well as private oil and gas funds. Geographic exposure centers on the United States and North America. The firm reports 10.38 percent of assets in private equity against a 15 percent target. It maintains relationships with member companies including AIG, SFM Mutual Insurance Company, and The Travelers Companies. The association operates under statutory oversight from the Minnesota Department of Labor and Industry with board participation from the Minnesota State Board of Investment.

General information

Firm type

Insurance

Year founded

1979

Location

Region

North America

Country

United States

City

Saint Paul

Corporate office

400 Robert Street North Suite 1700, Saint Paul, MN 55101-2026, United States

Principals

James Heer

President and CEO

David McKee

Vice President and Chief Financial Officer

Cynthia Smith

Vice President of Operations and Corporate Secretary

Alison Khan

Vice President of Actuarial

Sector focus

Insurance

Frequently asked questions

Who runs investment decisions at Workers' Compensation Reinsurance Association?

James Heer serves as President and CEO. David McKee holds the role of Vice President and Chief Financial Officer.

What asset classes does Workers' Compensation Reinsurance Association allocate to?

Allocations include public equities at a 70 percent target, fixed income at 30 percent, private equity at a 15 percent target, real estate, and natural resources.

Does Workers' Compensation Reinsurance Association participate in fund commitments or direct deals?

The association holds 42 partnership commitments in private equity, private debt, and resource funds totaling $704 million.

Where does Workers' Compensation Reinsurance Association operate?

The association is based in Saint Paul, Minnesota and provides reinsurance protection for claims in that state.

Which organizations participate on the board of Workers' Compensation Reinsurance Association?

Member companies AIG, SFM Mutual Insurance Company, and The Travelers Companies hold board seats alongside a representative from the Minnesota State Board of Investment.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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