0000000000-18-013593.txt : 20181106
0000000000-18-013593.hdr.sgml : 20181106
20180502122939
ACCESSION NUMBER: 0000000000-18-013593
CONFORMED SUBMISSION TYPE: UPLOAD
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20180502
FILED FOR:
COMPANY DATA:
COMPANY CONFORMED NAME: REINSURANCE GROUP OF AMERICA INC
CENTRAL INDEX KEY: 0000898174
STANDARD INDUSTRIAL CLASSIFICATION: LIFE INSURANCE [6311]
IRS NUMBER: 431627032
STATE OF INCORPORATION: MO
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: UPLOAD
BUSINESS ADDRESS:
STREET 1: 16600 SWINGLEY RIDGE ROAD
CITY: CHESTERFIELD
STATE: MO
ZIP: 63017
BUSINESS PHONE: 6367367000
MAIL ADDRESS:
STREET 1: 16600 SWINGLEY RIDGE ROAD
CITY: CHESTERFIELD
STATE: MO
ZIP: 63017
PUBLIC REFERENCE ACCESSION NUMBER: 0000898174-18-000006
LETTER
1
filename1.pdf
begin 644 filename1.pdf
M)5!$1BTQ+C4-)>+CS],-"CD@,"!O8FH-/#PO3&EN96%R:7IE9" Q+TP@,S,T
M-#(O3R Q,2]%(#(X,S$Q+TX@,B]4(#,S,30U+T@@6R T-34@,30Y73X^#65N
M9&]B:@T@(" @(" @(" @(" @(" @(" @#0HQ-B P(&]B:@T\/"]$96-O9&50
M87)M7!E+UA2968O5ULQ(#(@,5T^/G-T('$URX&)D:&&2 E#(Q,_QEW_P<(, "0_ ?@
M#0IE;F1S=')E86T-96YD;V)J#7-T87)T>')E9@T*, T*)25%3T8-"B @(" @
M(" @#0HQ.2 P(&]B:@T\/"]&:6QT97(O1FQA=&5$96-O9&4O22 X,R],96YG
M=&@@-S O4R T.#X^,C17,% PM% P-U&P
ML=%W2BQ.=%#(, @P 8!0VPPT*96YD)S55\ERXS80O>LK4'-RJBP.P5VY.?9X*LLL7BJI'"&R
M:6%"$C) 6J._P:>F 9(:BJ0<.W-)Y+(M@$ O[_7&Q\4C"1*7F)\D)-&*1%%,
MTI*\Y>4#)5>"W"QN%H^+G^X7^"P./7*?+5RRQ+/XY=V]?6A^/?(+[K\__-Z8
M*]3*I21V'90=QHY/[LO%VVM** K*%V<_W'\9'0H\9V4.S3SR$OS;/T+5 P5^
M1,T)&CG>2,,'MB?>.?%BRS3EX[^C4DEJBE(YEJ43!"Z@XH+J=]]A;2I^1/HWWD*^K,$Q3.H:LTJ
ME+KAD.MK7K$JY:S0G_(<#\EY':$WX?D6>*4:B;=!OY>BV6J1ZXL2)$_9N?ZY
M2IUY47XT@8U&D>OJNQVO'@K8ZUN>/8"^%2R;E^"Y;= ,)%QN0-4@O\$A@%199#I*TBA7(/4/CW7F$6Q/JTB
M\IQHK((7*.0:UK)A0T9$
M(XF$)PX[(G*R-\N<%Y@8I!8$Z<15E[!$U:R&$M-9$L-R01I$=KS>$5QB2):NY,+)[06NH,7%)@Y$IT2,TS#K]
MS5IG+JPL-7X8M(WE7U,3T$E8#,GY7 !3@,BJK4##6@9PHT?#^L4K4D-%UHWB
M%2A%,K979+TGK?N6N8V1\=B8$C7AQ^L2XVP(CY"$94]<6?"80KAP$_]OA5)\
M70#9;5"EP7_'BZ(WT-!F8X9D@E2B1FP+#L@R CI62[N"?G;PA6VWQ=[XV 8=
M2[NX2KE,F])0DP+ROVTQJ0'U&F8W>R2VO=.:H9YCS'6_AR\OF0X#0[XN#KESX-,;,
M;%?%X@XU[,;N1EWNSNTAD.E0_[3P/U?QA^'0&S(4O/2"$)=N-Q%. A6LW/?
MRP#P0Q11+KRD_W["?3\>.]_NC%W_*&I0NA;Z$GD6!<],'1Q,-G>'0CETNU4?
M#URF[L'A@;5TA4 8:Y'SN%N>,-CKRLG N0W?I$P5;A@ "5C!\J@RD
M0]1ZQ3'V\O9](^OPMB6N$%@L#CO?&#!S\E&EL[659[:X\BHMFLRT4*Z&=L[I
MC4(G"+LJ;_S2E0E94Y'20CKFWF=K<"RTXC3; 8"K<,.4L+QDMLS]@0"[$UV)*:82]5HQFF
MMP%?3=L@/3,R4<4:]=1[')=D+\NV1_,5F\>71M56*'S=@FDW+=/'!*]98=HH
M!BB@C4S-Z:5^'Z/H3E^XL4C;%][8(;?PP.1AKA@H?@-Y#FEM4##3DVBJVIPR
M1C;8U0J1CN?#3J5YD6TU]GY-O#E_H\>IR4JCH1\[$40]T-(A-*,L"1VW53:#
MV3C?;&X-SID5,I@UJ>6[@_@X"AS]O\J8F\7?6Q"NY0T*96YD $50$
M
M
M
M
M
M
M
M ,\ 496ZF0T*96YD)SMG>M5XSH41M,"+4P+:6%:H 5:H 5:
MH 5:H 5:H 5:\#TK>^6L@R0KS@-FAKOW#U9P9%F6'4OZ?![+(B(B(B(B(B(B
M(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(B(O\V'Q\?[^_O;V]OKZ^O+P>>GY^?
M#L2'ET(4B&)1.';YTZT6$1$1$1$1D1](RA3/S\^/CX_W]_>_#MP=V4W)8NSU
M^_?OJ.'IZ>GU]55!0T1$1$1$1$0NYNWM[>GIZ>'A8;_?-P+%KU^_[N_OXZO'
MU#%$1$1$1$1$9,+'QP?&%;]__\:L IEBO]_'EMA^
M$^\/3#B"EY<7A)$\5OR-?],DXX:G)B(B(B(B(B+_-&]O;X^/C]4H(C['EN?G
MY^U*!:)$_WG.QX&7EQ>\4;(!^_W^X>$AME]^5B(B(B(B(B+RCX-7""XAV#P\
M/#QLL7F( MAF9$2+_!PU?'Q\W-_?IU=(E(RCI)M)U32PXJ@UQ[[1@,?'QW14
M8)B(B(B(B(R/^'U]=70FZB/&#AL-U-X^/C(W9)X8)D(N@5\7_^_T>'0/M(G;!S(-X%\-#1)UQE&PD&H@*AHB(B(B(B,@/YOW]_?GY
M.=6 ^_O[/D(FD2C2<"(*#QTW8B_J^?W[]W(00Z)RXE=086RA!HX2'YZ>GMCW
M\?&1KTBHFBI'U#"44!H1 ^.0+^D@$1$1$1$1$?E#?'Q\I'O(KU^_\-U(U8*@
M$U$@0UZ0^R/^3?VAKY!OHSQ.(@3'B(V(#[$16PN.F#6@8]0ZV1+%HDD4CDIZ
M=2*JY112>%'!$!$1$1$1$?D!L.3':($L'M70 LD"XXIJ A&?EZ(_!+WU1=IF
M/#X^ICI1*X^:TW@CK2FRPAKX(NTW4BU!G2!>:&,9@ED(,3I4,$1$1$1$1$3^
M76+)'PO_M+7H@T6\O[^G&0-?1?E,\T&9U!]^__[=[%[]2M*.HI:)^C/>)DI%
M?)O21/4-053![B)M,#)H!I88M3S1,%+!:$* BHB(B(B(B,C?#\$P6?@WJD5Z
MBY"<% F"+>_O[RD79)G,6]I8.&2XSMCK_L!R$#320B.5$&PSJ'^HA)")-,#6HEG.QTH_S3#R*\P;
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MB(C(WP/F%K%FKZ$M"&D%K)K@/9X?[^/N6+
M3'%2+3VPCLC*:79*'UA9]%%#\Z12>XF]MO>&B(B(B(B(B/P1L#1@C=^86V!-
MT><'60[J!.E'&QL,M(YJ*8%PT1L_Q'%?7U\_CDQ:B+%'%"8-*XI*"AK$Q(@C
M9H81]FH<4O*,4A79??9A:4*2IJ]*DZ!$1$1$1$1$1+X3_$3PGN@%!+2+W2C6
M)>H!JD*J!+MC@H_4+M(EY.3R_V.%25<2DS+H7SQ^/@86ZJ&0"#-V!+%JO4"
M^4_CJ_370#-)B>/ER&N!+;$C*L?=D6P,^^)XPK%P+>'44J"(+6E346NH@3JK
M2H-V0?C0_);@G\/$K"(B(B(B(B)R6S+!QY9(#D@'Z7]1S0]B7_)QD VDV3&V
M1,DT9N!P4=O3T],U_A=1+8(&65EKY4W.4XJE:0=*19/<)#L$7:71+G:?O5TX
ME^')BHB(B(B(B,BM( 0E\2VW9-# 7J*:)>R.25%)Y!%550V$0)JQ!4N)^(OG
M2!2X><(.+#KR<#1FO]\_/3UE>Y!0?AU V(T^7JCRA8B(B(B(B,@7$6MM
M@E>D(0%2QGP-'BMW- J6\$@?=?%.^$W"09!F]"M,++93VT-8C.?GY^KWD=H%
M[8P3(6AG:A=/!PCE02*5MP-9"?E*S)TJ(B(B(B(B-PHL$:H"4/QU\#0HAHY_ W$23T]/54%@^;%=DX\VLP'3C^U"_0-[#3P
MKZEV)E2..8K6%R(B(B(B(B(W(=.%I,4%L1WV^WWF_IC$S\P<'[G\7XXI1?Y^
M\X-H<#2;.)R-@L'&S)2:V@7R!>I$JA:Q!8^8[$.M+T1$1$1$1$1N0BS,FQ@7
M&BS)X^]P=Y;P&0 33Q.6[==D#/E.XBS2!B/M1MC8!.=$J2!Z)_^F
MV4E MM;,M()\05B,/W5J(B(B(B(B(O\Z?7!.5MS8#]1%_=!_) K7F!A$JJQN
M(_\6&4VTQNO@*[J%6)T9E33.M)I5T)FQ,;=@GK$Q:8N(B(B(B(B(-*!+Q,JZ
M;GQ[>\OLI?A-5.K"O$+$#$2/?WJ='J>/!PWI1>KV] ')WF@D&I*QIMD&&]%S
M:BI5$1$1$1$1$=D":^J,YQ!_TZ8"^X%&LHB-A+#H;2KPH?A)L1VB<_ *29,)
M3%#(+9()1U!LT"40/9 [HHNJ\M >D9@
M-4&V4X)@$(&3Q*:LWZ,P_]:J2!CZKYM;]&32V/A;/670+F(C_^(_0I#/QL$D
M=1ZZMT;&$!&1[^&C<+) 7V;^[+T0,V9+B(B(E<2HRK90W(@
MQC @@T_FL,L0_%&6Y/%M[H750=WR\R#E"O$YV?)Q"$^*O0K?IAE&%DA?F^QD
M-M:^%1&1K^;C(,7O#ZR%'L)2#AJ%&1$[OQV:S]5#- 76CA[5$AMJ"]FD6MN<
M)D9T=<2ICMNAC491T1$1#:"2TA.L8CD$./OVX'8GM8".(/L#_,Q
MW"C2W@ !Y"?YB:Q!O,T:LR)#DN:$+5UFTEJ#V0O%Z"+RKIIV1$3D.TEQOE][
M DH"9?KGLV5?M!=2=VUL_U"[R )#(\;M]4>K:OT9?WM.YE_+BUA[M3_]W6%N
M@#GK]EX5$1&1A'5W3N%P V%$CG$_7PS%!"8VQLPD9TK5,22^_5^-R @UNX-Q
M!:<SRZJ06,O(PSKSS&:9M3ZF_[)UC)>K_5JO8)+T9&B
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M^2)NKEWL.O.Y"[2+AC7M8JVVM7,9,MQC3&LLE<*$^NZ#O8B.A<=*U##,%5+9KEWDL8A^F9.6
MD\K N=I%M+SOU;6CU+E3AK(B,A7HZ(B'P/-]0NEL]C98X"_T/M8BD90N^Z'*EU_;XF7VS4+M*XL28BG\>:
M2+Y4NU@.4Z/>>+5!^4)$1.0L&I.)M[>W.A-+:K2N.H'!1%,?ATI.!7-:P@2&
M+B6PYWSZATF&*\?B8&^FM\1I:+PCXLA][C
MZ-$M)/*(>NI<8JVVC=H%K:)OWX_DZ<+\E/R@M;M L2B\^9C*%?
M%ZL3)CV0,3H0)I$Z2_*.B(B(#$&(2)/%^#=&<$PNJY$ "5)S
MERC/0$]8]3JIB'J>#S@6 Y/>G!)'M\3D9[O4@_IAT$X1D2\BS4^
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M#.U#2-5W^I,6GEML3J]=U.B1/2S,SQJ&,-C(F<"P2^[6.^[S(6.M8''+_#[,C$1&1F\!:.P=TS#NQ;.1O
M4W)WG)YE!L\U$UGF>/'WX>&!%S>Q_:=:148GX#N3IBGQ;^,W3>J6NV-*V8;H
MJ'YZ4Y.,_#[P3>^+^K'L-^6@W:1WZXI +5,WV_U
MK">.F?423R"'2']2^,C0Y_1 NI#,3U]$1$02WA:EB6-]A?$\>A7"^PNL59\/
M,1S6(GJQBF=FPFB.8>?:>ZM_FE1U4"V68P_T9KUTPOW]?3.WJ:[6NX-A+?'-
M*,_T!K_=G]=[(B(B/X.?^H)&1$3DCT.DBR;_137F;%;*6#_R!F&2%)5<(<\_XX=%U3T]/ST>/&'R-UV*IT<_5G20#H?>VIF@=Z39"
MU NSP(N(B(B(B,C_A)>7EQI.@7!8K+ACC=R$I:HYR%AKSY6'YT/("SQ "? 5
M*V[B51)2@PIKWM5_!728E%_P[. L:D3T2=0OQ(VT6L'Z95@^O7C2-V=B[B(B
M(B(B(B+RPX@5=$WHE@DR$"58H3?IO8A?L>80T9!&%RS B?^ Y0!2!@88><1_
M@NK?D7&W,ETLZ>0X\8DF0W2+-%Q!N^C[$]D'?2F_9:,>M2(B(B(B(O+C(21%
M^C40C")6Q/B,5*^$&HARF8;H[ ^1.\9>N>1O4K)F!(R_?SU>O5T(1Y+>^2+J)DTZX2YP+"F@EPFM87\UB@(B(B
M(B(B(O\Z* DI09"%,VARBR2Q?3GZ@)R[9$YOB#3 @%CO$^R"\!HH)&@=47ZC
M:<=7@VD$-@_18(PN,G 'YY41,.)TT!FV:SM-PI'E<"W2 (;0IOE5'((+L1R\
M>/*SB(B(B(B(R,^#$ KY;UUKO[^_/ST]Y?(<4!)8:%]P.,)+XBI20UZ@6N!J
M$0?-N)U_@WQ!V%+,*K!Y( 8%9A5I&H%\@:J0T3"V'P4Y*&KC$N"\@Q+2""#Q
M+RWA7ZQ!_D+_&A$1$1$1$9'K(#$D3$E8A6,Y4--QTD&$.PE\&A ?#B9/F,-# QB#1[U
M8+2 ,H!808;6:LR0'[8OS\E5^EJXS"PA+2Z(QGE_?_]P .$"5XZ,$!+_DD)E
M>YB+A@P)LASM+C"ZX%QJMS2*4^QBMA$1$1$1$1'YD;#FY3.O[VL,"K;'BOC7
M@5A'HP#@L'#Q2CGC4A+XHMHJ9,B(="4RRP1B7% ;
M3<*^ E<19!8V1DDZ!Y.,RYQ6 6.S'M[%"Q[2@V@/D7A> W04Y0/-8^R-1,VOV_ J!)26(M15Z
M;(^V95/C UX>V(VDW\?V=I+"%?N*3/F!WL(A2)*2:@::"64N%G80:E*:X%B5
MJ#R%$?*_+$??GXLM841$1$1$1$3^3K 02(<1= /<$_I,J:R:EZ/$<U>4DS2V(:;DQZ2JI8Y%3,@H'8D5^
M2+L12$'C&NVBNHTLQV CST?(5!L@*^V.J5Z(0&*F5!$1$1$1$?EAD!V5S^3T
MQ$IA*3DOJAK *W[\1ZXY;CJG( O4?*E-\I'\@+M**A*-<'$44SJ'"M%8L.5 OL!2I?$?
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M "P0L'"X\M"LS8ETD;I$9DE+\3K\L/QHLK(B+_!W!M2+TB%N:]-45\2W2%6"_CL[#[
M'&OB,G#*B+5_'#&6^2D"I$4!A@TUU4AJ$6E6,1$?2+JQ5H" $A.W#DPI=L>T
M'9SU[NB'DF$Y*<._5!A]A=!QI=W%\CE3:GK60)K'I(U*2B6TQ)F,_$'B]Y)Q
M98&,0G&73NRU>!2\; 9]=4LSD!;3,HH?Z=IO))I1CS(1(9N2??:BV'+R+(@C
M-.^6M:.D1=9VXGGR\EGR;0KT#3CKH@3(JFM7A +UBM"D&T;I:;I]BXSF3]_^E/>W#(KZX?.C4_(VC,G
MCS4<&?'@GA^E[]M)^:9))\]=1&0+Y"'E,UX2C%GYL,WG4CSH*'FKA7E6E7X6
MK$2PJ2 9*$8.5=-@J<*R?>ZW,M*6GV-C]*]0BK::.W
MT]10Q>&A*#V,@S1A^&2. _5/K6:O>';%M;A>=WWY[.)W,JPT#^VZRT3^K;?'
M\$S3JW$"5SP.>O&4OJ;R7TJKN:Z<[&: GV'8*LY;P:GV2]>FA_[Q,^1
MV-K9;R?G'E'5\*PG/=G\B":[O!QRRE,L;M>)P+6E9Q"4^ENH'F4+%_NH!85>^ZJ6'R
M@VJTILD;I>7S/3-LTK#WMFL7:V_$\B&YUM7]19_\%GJ+W^%(L78AAIU9!=NU
MN?'V.W--;NK;.9F'5W-E9Z0B23)Q[O^7A)X^W4@?/AS_+Y)MH%T3:P
MGTS3LC0V(-5(53.8T^:S]Z2YYJZ;MV"IBXK._'82N(-!+=J#579ZB^R.;R)2
M24"OP,:2L[@[I'.]LG_03QA,)V_9$//S9#EQ+?3D^ZD32U[?8![/#[QYW3.<
M\]1%1&8.6F.X(&H6H7>'9$885] 28OEF@>'R\XNTB_L1S>^Z?R*=U"Z:CFK>
MB_6==HUVT5?80&.:IU]] <=5X\;@BC1OJ*]W>6ML!K8L>/MWM?M#?O!AX>W:
M!;??TV>:D,MKOX63U%OK@A\+X^_PTMYW4+IJ1^NZ83&WM^;-6R?ZS"^W)']VYVD6_P&>>4Z]@?6(/
M%_5]5]<:&BN"-?FBT2YVZU(#,Z):I;_H
M]2''-^=)[:+I/5Y*UJ,TC1S^\(<:R^1ZY1FI78C(36!^DJ/)
MY-D2CZ9M%H_(AR/I)X+- _$N,K%(/I_7)HW [8?AAA$&&@RO>ED
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M:MO66GJ5V(R$W@65<_[PY34^)D8F5-4"#F&)B6#>VT+X;'(-%!
MZW## ,&["=[2[HYO!WC(3P8(]KH[Q-CL(2H%!9#!)W.#7KM@+ZQAFV0E[]S">3O?
MKUW4Z?V_J%VL!:!;.EMEC-,8389!YTXV>$*]!VIPI/F0L13M C>]YL'>W .W
MTBZJ='#!]'Z+=K%%ZVY&WOPP',7JW7CE2%>UB[P9>K8OY/-.HV$G8Q0D>4%_
M'<* UZO?2! 3[:)Q'+AFL;;QE*\7K"XV<]JN5"^=)4]S.ODCQ:8T+T1C8)9W
M'=.VR:%K[]6(S;W/5!ZWW@!7:A?5%Z,?^X:7LGE"XGYU[A-R.\DC^K7>P/84SZBT) XV']PU=US8W!=/WZQV9=C_ PK.\0YR\T.4?L
M\9H&-^\?;Z5=+)_?AYZ[BFQR'_37I>9%G3!\HSWQ89^L0\^B:A>3>!WUJ3*_
MB'DG(_+7ILY_"/6"QE5HGF/5@FNB7=0(L5?ZU=;5-V^+^HO+3^;*RB\VZIC8
MB?7,GV#U-UMOQ?J;>8)%9Y(3+0N
M\,R-X68X2O*0)( #JY(JF#>K(9PF^#P.
ML 2[2-T#GQ$,,^C2"_IG#>94#!]]KI-4EG(+PRZN-U>^P10YER9&XAHHA\,:
MMN096=,NMK]D/\E7:!=HI.1.JC2SUKF+\1_7+B;7=-)1&S.5L$R[^,'5K%G8
MN%$J-!>TCPF9\L5$NYCW# 8D&WMF8YZ1R[2+[1X*$^H3-67&9< XOV5R[
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M17.'-*?9:!?+,>I^?X)J%R)RZ#JFXO0/+R:&-MC9
M&VH7\@?Y.$3G(RQ,T!M^YQW;OX$ZZ3/",VIXW&N6@0U?I%VL6<)C;S )6?#W
M:!=K/B,$4IX?B"<8#B:(QG1%/UV_3'I:6U1NB:0W5,77K"]NJ%U4P>U<9\R3
M/B/#P( ]'Y\C=N:9#@O?9.4+]:!#MXB\NTXZ_J1"U2PMF]@.:Z87PPO:2W;1
MRZ7MOF/XF"S-O? HQ7CP?4F^PFDZ+A3I8\X0G
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M#K8'O(MIWEVFLTE^:*@%=BND"\G=T?FZ1B]GUE'C?@%TYVZFSNRUOG-$>^^VU&9.?9WTG.%QB
M?$QC==:NF*S6_PGMXB0GK^;)SIQPEF_.\!PGWHB]?'&R>S=J%W5-M]'VOG)]
MCM3E\TV(\4;^.QE?SKK!GH]^F@VWTBXV>EC \#Z<&-),'*;Z1\+3HA=G1U2^R2-9R47AMKNJ9 KUTLG^^QW6>=X3+MHK=[J8^R
MZ[6++8[ -7K>J%CHETLZP&OU"Y$Y%:P#%^.>>76
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M0D1N1=4N=NM1&I@Y\!"[0+M@X,.9@JN\!_DR&@L3W[=?",R#PC3%"7
MPP,Y&L.P\FL]R=IV=L=DWS2OVG7OCA8@:2^!;0:GQME-5@K][)=*YNZ'C7:1
M/=G;G>[*XDCM0OX(_#Q_'<++]$9<\6NJ9J7#)TG5+IX/H6\FH' V-30O[- 5
M4?QX]8D0VDSDFDJ:T(5$O*D_*!X[C4[2=\A)[>+C8%*V\W,G]W5,6;^GJ._4AW$^UB;:&Z5F;H
M)7$R@,DP#<3P<'W/-$_"CV,XH%_K;A2-8PX>M?.+>T$4LL:7JK^"S5W:='XC
M+^04CM;R>J6QAUE;[0[[H7IYU%_'Q=I%7;\WS_PKM8N\11G[^G3/363U?BRH
M3\@@)","0S/U5'NVC-J]
MNP4\MSF[MZ,D M$8 BC5R=ZOS[XGDQ>O]&IJ'?6@C65I0Z]=S-O/ *%V(=]/
M;UQ=W;B:'\N:H=>YO^7ACZY1%;(ET&QGKMA/TAH-9%>R$O?UK-E=G]0NEL\Z
MR>*2>UB]WG
M>Z^_- WG)7"9O=YO5;%G%XY:9:EP]-<>\$Z/$13FI72PCZXLUJ:1_B$WN]MTH;^997C!P;J#794606;N"+'7G]TFMI-^R
MUEUKVD5>]S[RY&7:Q5(F5,V)7*E=-++ ;GK%>QN5FSPAMX2J;D)23$"C[FO8
MHETLW<-![4)$;D7U<D56A>T'1G=(
MP8U1 ?LV)FWYD-^-IH@7P-GUAA]W1_N*]$]A"UD/4'Z&D@YC*.\@39]G2^:W4+/8G[C9#H6='IQ<^J?']V@7R^&G??(NZDU'FJ;V
M6G%?P\F@7KN1_0EAS7K[O3S'>QG)OKM22.WIL=V:AI*;(S3[9\5\+4 G^-?(#S%&58PPZCSKHG!QFY/='WZ5O5S6E-D?;KRATQ-J_[[\ROAUS$^P:?_DKFY^1'EU
MFD;.HPTP"1E>N.:Q,[F%FI;,;2:YVVO>M-WQY04SD,8O8-+:+1?W,NUB.>;E
M'%[!:.3&6S2?DVDGL.6!OQSM?_J+F]_VSTS,Z^^*&ADL&S^_%?&N
M.GG=Z4GFBOO/C[@MG9G>9!<\(<_Z+?2_V6SDR9&Q_@3F1ZF7:3_2BT1$+@"U
MO&YA.I%/L_W12C"?MT_'="0;#\' E&,W(RQ* BK$OBRQ,W_BKT-65FC>7Q 0
M@^$#SXA4%7X?N1_!4_HD.<&X.QB3([8@E=3I!Z<0S<..=!BS B5D?XRAL?N<
M7BT-,.8AVM N=2
M*]E>3W-&$QN/YM0NJ&2M_,E&3@Z]UKPYD[>TR^<;XYJ+,FS\?&DP*;R]AT\>
M\61WT0.7G>_VHS34'TO_[+-RW?_N%6[MJP[.8=-<%5W_^.UW;
MA0<@\YDO>A(2WOQD8S8VE8MX_7-R2_\LY_STZE$FE^#''7C&C;2SH=%9&;@.5#O_WCF$YZ7W*C,^W!+.TLA?^C1&D@/$6N
MV=$NZ@.0PMAR9[ +M((F+MERL,LE/G::- R=22\ ,03;#/263-*:K2+H'/K/
MR8"!NZ.;R>[H8I_MG,^4."[UTSFTJH_F]''PP6$+,48<+$1$1$1$1.1?!S=#
M/F-%AF$ QEWOA^16Z2C!1CP--VH7J!\UO6F&B:AI,AKQ-A-R[8Y^(AA^9PV[
M8YQ,/J0@D!87U?JBFF$,/]
MN.+N<_Z1:NV0GU, 62N\7P]A1-0.C$9H/U%#&W=[G#6R>55:V1VSK^)^4LU(
M&L^=Y/T8?1KMHH;@6VLDMGEZ%XJ(B(B(B,C/ &T!Q0#M@OA16" ,@7K=$0&
M7O1O<=C$Y8'U?J,VX(4!.#LTT9NK1H$+">&D=D=GC=W1ZV17$AU2.K
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M IV!C%$XB<17-=]]GYD1_Y>AQ47V0^_J$N4G?&8*2Y$H9[9/T'-ACI ,%Y:_7+JK/"($I.$TVDJ(:0Y$^7WGF.IE3
M8UR0"F2N,.19\V\VE6N!+0H=4HTWZ/EYDFX1$1$1$1&1?P52;/ YLX%4L)I(
M=X_E&#$RC0$FQ,*?E35"Q#![*1$XJ^T$KAE$R4CKCDQZLCLF6D48^?CXP$%C
MHEVDR4?U&9G87:!"Q(ZT@32IM&HMB$0T@R/F.5:9HF>C0P=N,N@21. ,TG\D
MCU43P2P'\XP^>XN(B(B(B(C(/PH&#ZQSJXD"X2-(,A*P-L_NTBC19(])G1*D@F0F.:RC'5(%AE'ZNSVEW@7G%2N\A8
MG6G.$75NC!J1:5LG\L7N&']C2X4IAE05(O.,9&UQ7$*%[(Y2$BTQ0:J(B(B(
MB(C\)'"^X#.K8[2"#'^1I@+(""SG69O/:\8>H*9)74L5FN#O0#P-;#:(R=G4
MC"I"V]*>H8_5B32!"'"6W45MS]SZXN- HRHT9,#2[88<&8H3%0)-B90KI&M!
M5^':U9($&#%0IXB(B(B(B/PD6.WRF25SQN1LM L6X-6=Y.1B'$^'E"PR94E=
MU_-O&E&@2V29WH0@:
M:!>--'%2N\AF$%\"Q: _.X2+M1BDNZ.SS&4R0A.>-.UAXJRC,=$)L87\++7^
M^#PT4Q$1$1$1$1'YIXF%<,U,@6BPE#P7A*K(SZEL8(8Q<4]([:(* D/+A)I5
M).I\/C T5$!"23<0S#9H238XM0M2;YRK73394?.KV@P$GQI8HS^I[1XB:_W&
MA>#?Z*+L^2J85"L+(J\:[$)$1$1$1$1^'D319 F<*3_2! *7A'XEC@7%R6PC
M$"ONMP/QH2H5>:!=2<:1GUF\)[FHK^89^6_*$:E=$!MSHW:1Z@$F*B>CF,[)Z!GIGI-./226(*R.:5)K5I2:W14GE\: 9'>,W<$Y7ISI
MHR9 R7[;':Q!ZN'2W"5M9O EJ3E5141$1$1$1'X2]_?W6RPH8F5=TWVR\-\2
M')( $8@&KP>(VXFI ,82Z0U1%0G4@_CJZ4!=OZ>JT&@7U18B336:%*CI%5+=
M0^K?VH#=,=PH;8B6-P8DZ;J2#B87&S^D[05[TEH@S170*WC7?]+, &L$+"@>'Q\Q%:">J##C9O2!/5F5Q_H]
M:B ,Q5K S]00&GVCRB"]RI%20.Z"G\@DYVD5*^J_: @<8F,,D)XF2BK6=R#7[W3&-:1#%J#]M%;!_2)L-=AQ*'[G>C]VC/11K
M(EVP!1,18FO4IA('([[*0!DGNW$-.C- "\JH'8T[#_U):SD6&48N/JZ(B(B(
MB(C(/\')2(^Q7D[CAPSCR:HY@TEN@9B66&X0^P)S#HP*AI85E&%%__KZBN-&
M+.W76IOV(;O/#B -=UWRTP27E@#=@ PI4;CF)TVJPTLT];)@%T0=V14?G'HL
M%)*U?>DW'49$Y'O G2V9?]L\J*_9=ZTQ1%'FH1V/RGA6K^U8Z[^@S'SW+2W?
M>&KQ/,=1D0A.Y WO=^' PC\Y%KW'\#IIV\8+=-85O(;)*=^D?E*MU0MQ
M<0+T.?UM?/(4ZBYB)9DP@XRA&Z,(PK5I2))@XIFXQ:I
M 66@,?GH0<^Y>)Z6 4NY!!DAI&EPSF<^#K O44\O.ZZ(R+G$,QG[-&S;FN=>
M^@GR$&N&%>(F\5"-AW\O#M3\4W-)-@IC@=;KTICDQ;&:)SPIJRBP-FQE,JEH
M2;\[8T%O$;<*P$RB3%H]G#=_G$J=0^[R!D.!;1( AT?(:IKN_$ 2_NOXLHGG#VY@1
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M28O*O!!I\+ ER=JSNO8WX0Y'ZO7[OV0>JS65G?)7VMF;1LRGTCT
MPEIS;Z2![NXP<4JG$FZJNZ/EJOZM(B)R$Q#,DG&CU0V2^C,N!;SG:[FY) (K"0!P,IE(YN]AU;R72]H.)61XE:V,(KJE4
MAVE*MAN$3,AWE)F]I7^92(\Q?;T[IFUE]]TVU4A$Y(:D"+#[K _$]DP;/5Q&
MY;?]([TWI9BDG,Z2:V]R68,WC^COU"YVH[7_FG:!H\W\C**JH5!0_\V%[61E
MG8/.VHJ^+D+[%P>]I4:NUWQ$1$2@1NQD
MH&&4R>D60U+&OLC!D0)71EW S[=."9A!(3),QKL4'\B1BD4ELS+L*^I<*RT_
MB2+%J[$J7S0J2A4Q>JZTNZB=R0L7)@:<6_X>[:(^NIN@&4/MHI[.
ME2N[D]I%%8@F*]E<._?Z0V[O7SVE-
MNT@-82T\135$R8WYR\(< KN4YP-]3)AA"[-/4M?JM8O:MDDE-WGI(R(BLARG
M58SO"/7-7SRH!UG<]
M$W/]+=H%HT\-8E#K&6H7^3)]HJALY*1V,;QJ0ZK_9MW>3 9R8$WUX*_2+I9B
MHG,RJ'@5.O[@2X%J]]+#!')1AX':;OCN'',< @]VN<5_J)U-BD#;VM[#7SS,9;9#DZXS1S
M$B)[][,I^L3W%R+RIVA6RKFT3Z$UU[G8E54SLZ:J?![R %SS24GJ^FX-'NQU
MKUKM22ZVN^!==B-?T)*A=L&3?[<2VG28T7+C%>E)]X&3@_7:,KEJ2C4V8[UV
M?Y5V,;<'J.0=.PQ$^0T0VZHJ0DUXD[Q[U]Z;I&E3/[\!&\=""*U]TQ;U>4H09>'M4@WC6Z>/9#5G5Q
MD,SZ\JLQJ.Y]D,GKUTQW-;H0D3]+M6Q?BOZ03ZKJH)&%AV-$DR=ZZ7P5^UTR
MB'&O*J^MR!KMXFY$?GN-=K&4YW:M[5SM L?&AF%VCRQ/5=^C72R?8RPP3*M=
M7 WK%VL1QG=[CE9H3/-)[I#Y>A1*OMTT2[6$I7U]]7\Y/\AKM"
M1$3^/S0Y1&+PPBQA&&"S'T;91,F8PI+,'(SX<*/@IT/ZJ%[(PW^&-&_:ZZ[
M;]X%43H:O*(#6.!;HE5,HG6PK?]QJ&V4W^2C:EMU2Z&IAJ-:1/O6?+G
M;+P+$1&Y+4Q^MDPYL$*LZ?26 ]=0@U?WVTD,1]SO=+G-();-G"K%BH"W
M5WP(F/%R[M7;>L+%$DWO],V$I&DP\4;H6R:W1KH0D;^*NM)G;5)70/DB.ZTC
MAD84C75OQ>=TD(B*R#F/]QO&%MT(8
M/U >L^$8W6XX/#$_:49)Q H&1R8G%& NSTG
M&?K)8;W^W-:\:/N;D!\+MIU]G;W=1;6ZF1.-:9HW%,3J3^"&+[9$1$0 @XKY
M$!.#48:%3^F@!KX8FBQ>!K.=QG"1%3V36SQ!:N@P=MD=XWS23J8'[,4'A(LX
M4Z9\=\<,?7F@9N*=\]YFR-[(T X3:^I4@7AATW=(>E5?*XQ+:O5>C,,_1'M8AG)%[T44Z5R
MQB:B'>(+4QUAUG*O+-NTBUJ,TR17)H9_O!3(K_H#K6D7R^?(TKN1=D$$JKM#
MMJ^;R._5'Z0:J,3I--E>F@[GBF#G,.D<+@2=0YUD/>L[&9V$4]LX\ZF13O&J
M&-)(*+5YT1ANDN;"-2]Z#.57^'NN%
MT.A"1$2^ E3W831XR#$W1U4&QPPS/K24N'D+&0UQ&R&]*:UB1H%O2#-)PQ47
M6TV8G(P84>@N
M*B)_#_6%>R^KUO5^'R,HG3O6!HNA]T=OSH&"W<3M1 IN&O/5VL5:S?5$^J7T
M\ME(($^JCW:( K\V-.<[]/D(U4@EPV.MR0L3WY^E"]W9Q_?.^F^BP-<>N_M,
M/;O^6'4YWYM/G.P<1(\:/J(*$1O]2='Q$1D5N123>:[>G4$.-77>-CY%!%>*:(7R>S
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M\X:)B(C&R!@9=B/,>Q$<
MT#&8_F& 05"LFOET,IOBC0.?S_5I70Z1-VAD3FNCDMZY.\66W3$E"LD'EZ,'
M]PT]<41$K@<9(>G7^_7;_BL,XRN%>-R4&:X
MQL=/X7J[B^SS(9D)=&WW*#,/,7%NYT1ARFQL/R:CDU/@:JZ%W< QEJSN\]O^
MXC/JJ3? FD1#F;,:)B(B'=^15#T^CKFY;,W2O/":TC**8V4)"(B
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MFAWC+*)D] #Z3'3:ZX&FZ["X^)Y7EY&5JAI,7%/'6+
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MD6E5&ZGA]^_?]P<>UHEO?Q_H>]%FA0L1$1$1
M$1&1[X1T&R0//5F88IF>(Y;S5;AX>'AX?W\GV 76%'-))!6&I.Z;MA91;2TS
M"?Z)9A+E:PM3:4D/E^6S?('QR=QU!1N5.-F_*@.LB(B(B(B(R/^$3/T-_:&Q,7A^?D9YP'""Q7XLY_,SBD?:8]0==\>,'FG\
MD 524L \(Z-8$,B"?"))6E8@0:17""$O:H)4@GC4$!91@!U[WY"TON@5FV@V
M?B+;LY"(B(B(B(B(R%<32_M*]Y1>M73T]/6%RDMPC&#$/G"X)%Q+>(&%6[J$I%Z@.YD60EOW[]
MNK^_QU*B:AU1+*J-?YMF5_FB=P])G61RXG$4K$&&OC,B(B(B(B(B\O? *IXT
MIB00J=^F&4.J!&DC,314($]'U3=JG,S<)8-IX#Q":-"LI"8'V96H&DEU'HF2
M545I(G;VP2N(^)'1+32W$!$1$1$1$?DGP' "V:$J&*ST$0K0+M B8LNPGL?'
MQ_U^GXI'%(OR[!XU5R4A@V ,_3MP%5G[E@9G@:BY9@^IEAY-.U]>7E VHH5&
MMQ 1$1$1$1'YYR#^PYJ"@7:!YE U@=?7UTRZ&KO'YZH>I$91@VIR+(PKXN_0
M^"'-)X8Z"2%#:US0: :&%E&>/+"9IS7^HEK$]OC[%?E;141$1$1$1.3;>'U]
MQ7 "!:.:-"P'@P<<3-B.CP;R E_%+JE7(!0, U,L)6Q%#?N9- )(\VT<)7:/
MHU>O%GQ/HG!M04",&M2BRA&()!R71J*9U$/$5X^/C[10
M6PL1$1$1$1&1'TDL]E]?7\GT@<*09A@H YA8(#NDF43:6L2'Y1CMLQ7]_)V)G
M1JB(?XDOD66(*8&@\?;VAH*124:J=D%B5MQ,:M2+6@"SBCAN%DB)(S;&45(S
MR5TRH@6&%DT!$1$1$1$1$?GQ8(9!)I$T>WAX>!@F["!LYM/34RH>OW[]HH84
M*_#RJ)XC+R\O4:#6CVL)N4OBT'WPC=B(VTA:AFAH(2(B(B(B(O(_AV@8Z!+5
MLN+Q\1'QH3=XB"U(')APQ+Y9&%.-^P.Q):KA2/#Y*E7FD%@5B!N-%();$E#JUD(2(B(B(B(B);
M^/CXP+@")X[]?D^.C]UG8N/^ ,85E=CR^_=OOFWVPK@"%Q7L,8QE(2(B(B(B
M(B(70[ +I(ST$'EX>, 8X]'EYB<]]@4EC7E]?V3<^]&V8-"^K/=TUATJB;1RH;V&M
MK6=87D1$1$1$1$3.(I;8^_W^5\?OW[]CS5Z7WJ^OKWP5V^N.]_?WM5A\?GAX
MB.WQ+?I E&?'J*$>-W:\*U#5\_-SJ@JQ]J]'3*),5-[L^_3T5)L1E;!O-B.)
MDASK9,]P(O4HT2WU++*V-=0N1$1$1$1$1*XD%M>QNM_M=K$J?WQ\?#@0GV.I
M'AOCVBKL?QR$!)R.VQG,?\(+6%W/?IZ2GW
MC?)1IEH[]-I%?$!_J#+%'Q\K%N:8K0J:"PQH@ M2<&D:A>-?('D,M(&E(9
M:(PNEG7M(HT]GIZ>AO$NEDZ[B,:LR0ZH"NG @G81^]*>*E^J*.V
MMOJJI'9!FA(:AF1!@Z_4+K(--=[%XY%&@1$1$1$1$1&1BYEH%XV#QIIV0<(1
M2J)1- 6&VL6P)1EE(C+IZ>GY^;E)KHIV46MHM(NJ
MD]24(E$;;4M)H=TBVD:;:Z+83#Y2U16U"Q$1$1$1$9$OI>9():UG
M+,PQ+2 /:9:<:!>D3QVF#EE68G4BC! :@H.RI8;]7#KM8BGR151X?X!#-ZE+
M>^T"JO/(O&>0+V@2!^+?# <*:AGIZ>Z.Y)(T!PQMD?)NN_#P\/0DZ4>M)X%NL?)
MSHGCHHUDGS2V(LM!XJ"V87 ,$1$1$1$1$;F>CXZ3Q2;?GKMC%I@?]-P=)]_.
MZURK:GX4A0L1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1
M$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1$1
M$1$1$1$1$?D9O+V]O1R)SQ\?'_-BKZ^O[^_O?8'W$7UML658?'Q\>Z_(R5
M*54U[/?[V+?6%NO6V#@L%JO:VKRH/X[2'#>*10VUV//S\[#".)&F0HB-^P/U
MVV@_Y[A&'I33C(;5.F/W85.;17>4H:E-PZ+8[P/S1?JPAR&.A5Q ]P95S6#'
MV-AT792)[7'<_EA9S[ /.=GX-CJ_J9">;Z0)KE&]S3CNT]-3JAS4.3\[$1$1
M$1$1^5_!NG6WV[&$C"5J_(U%(DO+7'O&&C:+Q0J48K$.C2WQMRY18X',QH<"
M):.&+!G'C?IC8QPKBT7E'#=7RK%6C8U4&*O:V!Y'CUUB2Q2K:_#8SL:F0C;V
M2^^H;7<@3J39SKYT J><6U(*X#2K=M$WE9[LFYJ'KMK"!)6 S[$4'1;+W>O:DR5J(PA$#:Q24T-@
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M+=^H!^DS4H^;3BA54D!,8*']\O*R)LN$@/O<1)]:T"YQ9JO/(FG;!E8T"41M';!K&>>%#5'681KO(FZ07=GK0+NK9
M!4,C$Q$1$1$1$?D_\'7:1:X]6=(B*321/]-E(VEB=5Z@7=0*B ]I=,&R
M'8&B7QU_@W:Q'$Q??_./7U&\'=(FC:L"0N]CP;:!184-)[U?:Q7*0+_+<&^TB3Z?1H)I[H&H72]%A
MLG!>T&'4D3Q6;>0DWH6(B(B(B(C\#R$E*._*ZYHTMI-&A(VU6%UF9HZ2NH[N
MXUWDF_0J30SC7?2@2/PJR4F7@_Z0[[I\;
MJQ-+AKZI5%*M5AKM8BFK_J&*TG K[6(IUA>-=I&!4&HO<:W[\*2UW]+ZHM$N
M\G+7=*C+,3]OTSEJ%R(B(B(B(E+)Q34K^EA%QM]\$9_+TI0O8F,68S7:A,$<
MQNK,="3]8O9D\@C4AFQ>\.N8K;4NS%EN-[$Z69N?#(:9LD.3<.0L[:)O:O9D
MT]1>NUB*]<5W:A?+9^N+W(@?4-,,>KB:7O3:Q5)TF%^?I",&[@&L&R,+;T/15\L%J1-HI#8&-\VB_I8
MWC9!%S,DPI;5:!P%R8+C1AOZYL46OFHL0UB&Q^Z<)F7ZA+ TIN;K1-6I DX]
M3:PU&MUF8U.Q86BZ*+NN)AL=,NSAANS>K(KZ^]-!HN&XG#L7J[&368KS2VI0
M=$*?4V;M1+"RR+RKV'4TMQ!U#CF9$$=$1$1$1$1^-H0=V)*/6XX[W.7D<2%LP(# @-C$R(#>3!/8>
M3X'%/F$,"H\RG_"HB]?>@^?#]:. 9 1(AH#]8R!&&U 8^H3R+GZ"A?M# /?/
M8 FC!A3$$0EI%S_!$M$A(*)/L+ 0KQ9(0Y(D#ABFA/,N?H1I $H)I7U0'??9
M[KRM]V'FDF-&8;; %QP75ECV(=V2#_Z@?B_ETA1B(_0!7,%[J72YLT)G$JZMV6W
MY/"^D%9E8@HW.B.O([G=:0D!GP+U@QA^B*4$>EXEVMF1/.O&*70;?YJA^^A]
M &XA@)A"'(4P*WIN3XX=[:?3Q*5/SG.I#PQJGLE7<0!:FY",,GC:E/YO#G^Y_=W)]V!R/0S)N[V_ONM&0K4VI]'(*>PE6%DHOX&!V4*U$A3<)
MF2GJT1#X0E4E%$*COD+J"H1UD')C=*GF:PFYL0XR;HLE)*T;$UF&CF5-+;&0
MVYT+T#<$*0L+53HQ.RPY!6VJO:I6986Y* ^40&$!;\PXL2$_
MT?H")R0SND*]\"#*E<##8M7O%>".4)]>,!9.CE@>BZB0>MK+.%Q+RP"&C]$C)
M1_5'E?5@Y/AMLQMC1;WU5TJ[ WLLM"T5,A*P4:WO>:Z:^?DLQ;I:96[JW^ )
M;T__*\_IJ?5_9<'=>PT*96YDFMC.60B/SX*/'@Z>&UP;65T82!X;6QN#IX;7!T:STB061O8F4@6$U0($-O&UL;G,Z<&1F/2)H='1P
M.B\O;G,N861O8F4N8V]M+W!D9B\Q+C,O(@H@(" @(" @(" @("!X;6QN&UP.D-R96%T;W)4;V]L/G)O&UP.DUE=&%D
M871A1&%T93XR,#$X+3 U+3 R5#$R.C(X.C0S+3 T.C P/"]X;7 Z365T861A
M=&%$871E/@H@(" @(" @(" \<&1F.E!R;V1U8V5R/FE497ATPJX@-2XT+C4@
MPJDR,# P+3(P,3,@,50S6%0@0E9"02 H04=03"UV97)S:6]N*3PO<&1F.E!R
M;V1U8V5R/@H@(" @(" @(" \>&UP34TZ1&]C=6UE;G1)1#YU=6ED.F0X.&5C
M-S0U+3=D.#&UP34TZ1&]C=6UE
M;G1)1#X*(" @(" @(" @/'AM<$U-.DEN#IX;7!M971A/@H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @( H@(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @"B @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @( H@(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @"B @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @
M(" @(" *(" @(" @(" @(" @(" @(" @(" @(" @(" @"CP_>'!A8VME="!E
M;F0](G7!E+T]B:E-T;3X^GF"UG1-_3B#V@O
M\C2\%2*Z"PDA:,)C _DASZ 5V:ZNW"?9:3G32NDW/3](%&88:&2HB)FL3-.O
M , F3P[T0T*96YD
TEXT-EXTRACT
2
filename2.txt
May 2, 2018
Todd C. Larson
Senior Executive Vice President and Chief Financial Officer
Reinsurance Group of America, Inc.
16600 Swingley Ridge Road
Chesterfield, MO 63017
Re: Reinsurance Group of America, Inc.
Form 10-K for the Fiscal Year Ended December 31, 2017
Filed February 27, 2018
File No. 001-11848
Dear Mr. Larson:
We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments. In some of our comments, we may
ask you to
provide us with information so we may better understand your disclosure.
Please respond to these comments within ten business days by providing
the requested
information or advise us as soon as possible when you will respond. If you do
not believe our
comments apply to your facts and circumstances, please tell us why in your
response.
After reviewing your response to these comments, we may have additional
comments.
Form 10-K for the Year Ended December 31, 2017
Notes to Consolidated Financial Statements
Note 16. Short Duration contracts, page 148
1. Please provide us the information required by ASC 944-40-50-3 separately
by short
duration and long duration contracts, and tell us why you did not include
this information
in the notes to consolidated financial statements.
2. Please refer to the reconciliation of the net incurred and paid claims
development tables to
the liability for claims and claim adjustment expense in the consolidated
balance sheet as
of December 31, 2017. Regarding the adjustment "effect of discounting and
unallocated
claims adjustment expense," provide us the amount related to unallocated
claims
adjustment expense and tell us why this adjustment is a deduction in the
reconciliation.
Todd C. Larson
Reinsurance Group of America, Inc.
May 2, 2018
Page 2
In closing, we remind you that the company and its management are
responsible for the
accuracy and adequacy of their disclosures, notwithstanding any review,
comments, action or
absence of action by the staff.
You may contact Sasha Parikh at 202-551-3627 or Jim Rosenberg at
202-551-3679 with
any questions.
FirstName LastNameTodd C. Larson
Comapany NameReinsurance Group of America, Inc.
Division of
Corporation Finance
June 16, 2017 Page 2 Office of Healthcare
& Insurance
FirstName LastName