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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Fixed Maturity Securities [Abstract]    
Fixed maturity securities available-for-sale at fair value (amortized cost of $59,663 and $55,873; allowance for credit losses of $37 and $31) $ 52,901 [1] $ 60,749 [2]
Equity Securities, FV-NI 134 151
Mortgage loans (net of allowance for credit losses of $51 and $35) 6,590 6,283
Policy loans 1,231 1,234
Funds withheld at interest 6,003 6,954
Real Estate Investments, Joint Ventures 2,327 1,996
Short-term investments 154 87
Other invested assets 1,140 1,074
Total investments 70,480 78,528
Cash and cash equivalents 2,927 2,948
Accrued investment income 630 533
Premiums receivable and other reinsurance balances 3,013 2,888
Reinsurance ceded receivables and other 2,462 2,580
Deferred policy acquisition costs 3,974 3,690
Other assets 1,220 1,008
Total assets 84,706 92,175
Liabilities and Equity    
Future policy benefits 35,220 35,782
Interest-sensitive contract liabilities 30,572 26,377
Other policy claims and benefits 6,571 6,993
Other reinsurance balances 756 613
Deferred income taxes 736 2,886
Other liabilities 2,655 2,663
Long-term debt 3,961 3,667
Collateral finance and securitization notes 0 180
Total liabilities 80,471 79,161
Commitments and contingent liabilities (See Note 12)
Stockholders Equity:    
Preferred stock (par value $.01 per share; 10,000,000 shares authorized; no shares issued or outstanding) 0 0
Common stock (par value $0.01 per share; 140,000,000 shares authorized; shares issued: 85,310,598 at both December 31, 2022 and December 31, 2021) 1 1
Additional paid-in-capital 2,502 2,461
Retained earnings 8,967 8,563
Treasury stock, at cost – 18,634,390 and 18,139,868 shares (1,720) (1,653)
Accumulated other comprehensive income (5,605) 3,642
Total Reinsurance Group of America, Inc. stockholders’ equity 4,145 13,014
Total liabilities and stockholders’ equity 84,706 92,175
Stockholders' Equity Attributable to Noncontrolling Interest 90 0
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 4,235 $ 13,014
[1] Excludes limited partnerships that are measured at estimated fair value using the NAV per share (or its equivalent) as a practical expedient. As of December 31, 2022, the fair value of such investments was $683 million
[2] Excludes limited partnerships that are measured at estimated fair value using the NAV per share (or its equivalent) as a practical expedient. As of December 31, 2021, the fair value of such investments was $581 million.