Summary of Investments Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2019

SEC Schedule, 12-15, Insurance Companies, 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, 2019

(in millions)

Type of Investment	Amortized Cost		Estimated Fair Value		Amount at Which Shown in the Balance Sheets(1)
Fixed maturity securities:
United States government and government agencies and authorities	$	2,096	$	2,152	$	2,152
State and political subdivisions	1,074		1,164		1,164
Foreign governments(2)	7,225		9,137		9,137
Public utilities	3,617		3,937		3,937
Mortgage-backed and asset-backed securities	7,153		7,275		7,275
All other corporate bonds	25,588		27,456		27,456
Total fixed maturity securities	$	46,753	$	51,121	$	51,121
Equity securities	$	332	$	320	$	320
Mortgage loans on real estate	5,706				5,706
Policy loans	1,319				1,319
Funds withheld at interest	5,662				5,662
Short-term investments	64				64
Other invested assets	2,363				2,363
Total investments	$	62,199			$	66,555

(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.