REINSURANCE GROUP OF AMERICA INC
For the period ended Dec 31, 2023. Filed Feb 26, 2024.
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FY2023 · Filed Feb 26, 2024
RGA$266.75+1.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in millions, except share data)
| December 31,2023 | December 31,2022 | |
|---|---|---|
| Assets | ||
| Fixed maturity securities available-for-sale at fair value (amortized cost of $64,977 and $59,663; allowance for credit losses of $75 and $37) | $60,467 | $52,901 |
| Equity securities, at fair value | 139 | 134 |
| Mortgage loans (net of allowance for credit losses of $67 and $51) | 7,377 | 6,590 |
| Policy loans | 1,206 | 1,231 |
| Funds withheld at interest | 5,683 | 6,003 |
| Limited partnerships and real estate joint ventures | 2,635 | 2,327 |
| Short-term investments | 222 | 154 |
| Other invested assets | 1,171 | 1,140 |
| Total investments | 78,900 | 70,480 |
| Cash and cash equivalents | 2,970 | 2,927 |
| Accrued investment income | 759 | 630 |
| Premiums receivable and other reinsurance balances | 3,528 | 3,013 |
| Reinsurance ceded receivables and other | 5,448 | 2,671 |
| Deferred policy acquisition costs | 4,617 | 4,128 |
| Other assets | 1,401 | 1,055 |
| Total assets | $97,623 | $84,904 |
| Liabilities and Equity | ||
| Future policy benefits | $41,231 | $35,689 |
| Interest-sensitive contract liabilities | 30,273 | 30,342 |
| Market risk benefits, at fair value | 258 | 247 |
| Other policy claims and benefits | 2,730 | 2,480 |
| Other reinsurance balances | 1,103 | 725 |
| Deferred income taxes | 1,862 | 1,383 |
| Funds withheld payable | 4,483 | 1,486 |
| Other liabilities | 2,085 | 1,420 |
| Long-term debt | 4,427 | 3,961 |
| Total liabilities | 88,452 | 77,733 |
| Commitments and contingent liabilities (See Note 17) | ||
| Equity: | ||
| Preferred stock (par value $.01 per share; 10,000,000 shares authorized; no shares issued or outstanding) | — | — |
| Common stock (par value $0.01 per share; 140,000,000 shares authorized;shares issued: 85,310,598 at both December 31, 2023 and December 31, 2022) | 1 | 1 |
| Additional paid-in-capital | 2,544 | 2,502 |
| Retained earnings | 8,805 | 8,169 |
| Treasury stock, at cost – 19,689,885 and 18,634,390 shares | (1,900) | (1,720) |
| Accumulated other comprehensive income (loss) | (369) | (1,871) |
| Total Reinsurance Group of America, Inc. stockholders’ equity | 9,081 | 7,081 |
| Noncontrolling interest | 90 | 90 |
| Total equity | 9,171 | 7,171 |
| Total liabilities and stockholders’ equity | $97,623 | $84,904 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.