Financial Condition and Net Income on a Statutory Basis - Significant Subsidiaries (Tables)

12 Months Ended

Dec. 31, 2020

Statutory Accounting Practices Disclosure [Table Text Block]

Statutory net income, and capital and surplus of the Company’s insurance subsidiaries, determined in accordance with statutory accounting practices prescribed by the applicable state insurance department or local regulatory authority are as follows (dollars in millions):


	Statutory Capital & Surplus				Statutory Net Income (Loss)
	2020		2019		2020		2019		2018
RGA Americas Reinsurance Company, Ltd.	$	8,249	$	6,283	$	879	$	1,049	$	209
Reinsurance Company of Missouri	2,136		2,125		4		75		(25)
RGA Reinsurance (U.S.)	2,131		2,150		(133)		280		660
RGA Reinsurance Company (Barbados) Ltd.	1,835		1,553		268		234		49
RGA International Reinsurance Company dac	1,460		1,087		52		37		21
RGA Atlantic Reinsurance Company Ltd.	1,441		1,511		175		243		256
RGA Life Reinsurance Company of Canada	886		713		152		(225)		(38)
RGA Australia	535		447		42		15		(37)
Other insurance subsidiaries	2,496		2,233		357		291		324

Reconciliation Of NAIC SAP And Prescribed Practice [Text Block]

A reconciliation of the Company’s surplus between NAIC SAP and practices prescribed by the state of domicile is shown below (dollars in millions):


	December 31,
	2020		2019
Prescribed practice – surplus note	$	577	$	652
Prescribed practice – letters of credit	(461)		(576)
Surplus (deficit) – NAIC SAP	$	116	$	76

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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