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Supplementary Insurance Information
12 Months Ended
Dec. 31, 2016
Supplementary Insurance Information [Abstract]  
Supplementary Insurance Information
REINSURANCE GROUP OF AMERICA, INCORPORATED
SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION
(dollars in thousands)
 
 
 
As of December 31,
 
 
Deferred Policy
Acquisition Costs
 
Future Policy Benefits  and
Interest-Sensitive Contract
Liabilities
 
Other Policy Claims and
Benefits Payable
2016
 
 
 
 
 
 
U.S. and Latin America operations:
 
 
 
 
 
 
Traditional operations
 
$
1,818,211

 
$
10,990,560

 
$
1,659,473

Financial Solutions operations
 
582,031

 
13,074,231

 
20,352

Canada operations:
 


 


 


Traditional operations
 
201,149

 
2,713,510

 
200,246

Financial Solutions operations
 

 
29,531

 
4,599

Europe, Middle East and Africa operations:
 


 


 


Traditional operations
 
206,837

 
913,351

 
740,218

Financial Solutions operations
 

 
3,457,196

 
46,761

Asia Pacific operations:
 


 


 


Traditional operations
 
512,123

 
1,288,642

 
1,563,707

Financial Solutions operations
 
18,254

 
641,614

 
19,643

Corporate and Other
 

 
502,292

 
8,027

Total
 
$
3,338,605

 
$
33,610,927

 
$
4,263,026

 
 
 
 
 
 
 
2015
 
 
 
 
 
 
U.S. and Latin America operations:
 
 
 
 
 
 
Traditional operations
 
$
1,807,407

 
$
10,593,424

 
$
1,681,130

Financial Solutions operations
 
691,944

 
12,882,145

 
16,430

Canada operations:
 
 
 
 
 
 
Traditional operations
 
197,243

 
2,498,385

 
160,478

Financial Solutions operations
 

 
26,547

 
2,829

Europe, Middle East and Africa operations:
 
 
 
 
 
 
Traditional operations
 
236,194

 
1,104,771

 
754,573

Financial Solutions operations
 

 
3,994,702

 
35,801

Asia Pacific operations:
 
 
 
 
 
 
Traditional operations
 
457,372

 
1,115,987

 
1,420,248

Financial Solutions operations
 
2,277

 
758,301

 
14,634

Corporate and Other
 

 
301,862

 
8,517

Total
 
$
3,392,437

 
$
33,276,124

 
$
4,094,640

REINSURANCE GROUP OF AMERICA, INCORPORATED
SCHEDULE III—SUPPLEMENTARY INSURANCE INFORMATION (continued)
(dollars in thousands)
 
 
 
Year ended December 31,
 
 
Premium Income
 
Net Investment
Income
 
Policyholder
Benefits and
Interest Credited
 
Amortization of
DAC(1)
 
Other Operating
Expenses
2016
 
 
 
 
 
 
 
 
 
 
U.S. and Latin America operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
$
5,249,571

 
$
699,833

 
$
4,717,850

 
$
177,255

 
$
698,762

Financial Solutions operations
 
24,349

 
631,097

 
333,107

 
133,501

 
90,458

Canada operations:
 


 


 


 


 


Traditional operations
 
928,642

 
178,927

 
707,428

 
10,621

 
265,250

Financial Solutions operations
 
38,701

 
2,692

 
36,275

 

 
2,718

Europe, Middle East and Africa operations:
 


 


 


 


 


Traditional operations
 
1,140,062

 
50,301

 
999,005

 
33,795

 
132,290

Financial Solutions operations
 
180,271

 
125,282

 
178,014

 

 
24,497

Asia Pacific operations:
 


 


 


 


 


Traditional operations
 
1,681,505

 
83,049

 
1,345,951

 
24,597

 
286,674

Financial Solutions operations
 
5,428

 
23,648

 
37,976

 
1,423

 
19,920

Corporate and Other
 
342

 
117,057

 
2,460

 

 
217,738

Total
 
$
9,248,871

 
$
1,911,886

 
$
8,358,066

 
$
381,192

 
$
1,738,307

2015
 
 
 
 
 
 
 
 
 
 
U.S. and Latin America operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
$
4,806,706

 
$
636,779

 
$
4,444,196

 
$
131,439

 
$
653,620

Financial Solutions operations
 
22,177

 
566,180

 
310,464

 
40,416

 
85,022

Canada operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
838,894

 
182,621

 
670,477

 
11,299

 
217,061

Financial Solutions operations
 
37,969

 
1,436

 
29,251

 

 
1,881

Europe, Middle East and Africa operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
1,121,540

 
51,370

 
979,225

 
39,164

 
123,943

Financial Solutions operations
 
171,830

 
73,432

 
161,917

 

 
16,304

Asia Pacific operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
1,551,586

 
80,549

 
1,208,984

 
7,373

 
316,346

Financial Solutions operations
 
19,474

 
18,678

 
20,766

 
185

 
16,011

Corporate and Other
 
565

 
123,450

 
1,066

 

 
186,973

Total
 
$
8,570,741

 
$
1,734,495

 
$
7,826,346

 
$
229,876

 
$
1,617,161

2014
 
 
 
 
 
 
 
 
 
 
U.S. and Latin America operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
$
4,725,505

 
$
552,805

 
$
4,181,492

 
$
467,067

 
$
283,064

Financial Solutions operations
 
20,079

 
644,285

 
402,387

 
203,605

 
105,207

Canada operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
953,389

 
193,610

 
784,470

 
190,164

 
83,446

Financial Solutions operations
 
21,192

 
2,595

 
20,116

 

 
1,969

Europe, Middle East and Africa operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
1,157,407

 
52,086

 
1,013,331

 
43,549

 
117,864

Financial Solutions operations
 
216,562

 
55,043

 
204,110

 

 
17,351

Asia Pacific operations:
 
 
 
 
 
 
 
 
 
 
Traditional operations
 
1,540,910

 
84,489

 
1,208,611

 
74,571

 
312,652

Financial Solutions operations
 
34,030

 
17,972

 
42,351

 
409

 
15,829

Corporate and Other
 
780

 
110,806

 
804

 

 
121,242

Total
 
$
8,669,854

 
$
1,713,691

 
$
7,857,672

 
$
979,365

 
$
1,058,624


(1)
During 2015, the Company enhanced its process to track certain DAC components. See Note 8 - “Deferred Policy Acquisition Costs” in the Notes to Consolidated Financial Statements for additional information.