Summary of Investments Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2013

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments Other Than Investments in Related Parties

REINSURANCE GROUP OF AMERICA, INCORPORATED

SCHEDULE I-SUMMARY OF INVESTMENTS-OTHER THAN

INVESTMENTS IN RELATED PARTIES

December 31, 2013

(in millions)



Type of Investment	Cost		Fair Value		Amount at Which Shown in the Balance Sheets⁽¹⁾
Fixed maturity securities:
Bonds:
United States government and government agencies and authorities	$	490	$	501	$	501
State and political subdivisions	313		321		321
Foreign governments⁽²⁾	4,594		5,268		5,268
Public utilities	1,904		1,978		1,978
Mortgage-backed and asset-backed securities	9,793		10,133		10,133
All other corporate bonds	3,177		3,273		3,273
Total fixed maturity securities	20,271		21,474		21,474
Equity securities:
Non-redeemable preferred stock	82		82		82
Other equity securities	327		324		324
Total equity securities	409		406		406
Mortgage loans on real estate	2,487				2,487
Policy loans	1,244				1,244
Funds withheld at interest	5,772				5,772
Short-term investments	139				139
Other invested assets	919				919
Total investments	$	31,241			$	32,441


(1)	Fixed maturity securities are classified as available-for-sale and carried at fair value.


(2)	Includes fixed maturities directly issued by foreign governments, supranational and foreign government-sponsored enterprises.

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

+ References+ Details