2013 Q2 Form 10-Q Financial Statement

#000119312513319041 Filed on August 05, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q4 2012 Q2
Revenue $2.591B $2.723B $2.376B
YoY Change 9.05% 15.96% 7.79%
Cost Of Revenue $2.031B $1.625B
YoY Change 24.92% 6.94%
Gross Profit $560.1M $750.3M
YoY Change -25.35% 9.7%
Gross Profit Margin 21.62% 31.58%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.633B $2.370B $2.134B
YoY Change 23.4% 11.43% 7.33%
Operating Profit -$2.073B -$1.383B
YoY Change 49.84% 6.09%
Interest Expense $29.92M -$32.30M $23.36M
YoY Change 28.07% 14.54% -9.52%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$74.76M $321.1M $215.9M
YoY Change -134.63% 66.15% 15.35%
Income Tax -$25.15M $98.10M $74.78M
% Of Pretax Income 30.55% 34.64%
Net Earnings -$49.61M $223.0M $141.1M
YoY Change -135.16% 60.91% 13.85%
Net Earnings / Revenue -1.92% 8.19% 5.94%
Basic Earnings Per Share -$0.69 $3.02 $1.91
Diluted Earnings Per Share -$0.69 $3.00 $1.91
COMMON SHARES
Basic Shares Outstanding 72.35M shares 73.85M shares 73.72M shares
Diluted Shares Outstanding 72.35M shares 74.05M shares

Balance Sheet

Concept 2013 Q2 2012 Q4 2012 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $973.6M $1.260B $957.3M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $7.000M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $31.76B $32.91B $31.51B
YoY Change 0.8% 31.83% 31.89%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $38.79B $40.36B $38.34B
YoY Change 1.16% 27.59% 25.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $120.0M $0.00 $0.00
YoY Change
Long-Term Debt Due $120.0M $0.00
YoY Change
Total Short-Term Liabilities $120.0M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $2.303B $2.467B $2.067B
YoY Change 11.42% 19.35% -8.21%
Other Long-Term Liabilities $13.58B $14.10B $14.24B
YoY Change -4.68% 53.13% 60.3%
Total Long-Term Liabilities $15.88B $16.56B $16.31B
YoY Change -2.64% 46.94% 46.45%
TOTAL LIABILITIES
Total Short-Term Liabilities $120.0M
Total Long-Term Liabilities $15.88B $16.56B $16.31B
Total Liabilities $32.90B $33.45B $32.10B
YoY Change 2.51% 29.58% 26.69%
SHAREHOLDERS EQUITY
Retained Earnings $3.429B $3.357B $3.034B
YoY Change 13.03% 19.12% 6.21%
Common Stock $1.774B $1.756B $1.741B
YoY Change 1.86% 1.6% 1.55%
Preferred Stock
YoY Change
Treasury Stock (at cost) $496.5M $312.2M $326.3M
YoY Change 52.15% -9.89% 4.97%
Treasury Stock Shares
Shareholders Equity $5.888B $6.910B $6.248B
YoY Change
Total Liabilities & Shareholders Equity $38.79B $40.36B $38.34B
YoY Change 1.16% 27.59% 25.07%

Cashflow Statement

Concept 2013 Q2 2012 Q4 2012 Q2
OPERATING ACTIVITIES
Net Income -$49.61M $223.0M $141.1M
YoY Change -135.16% 60.91% 13.85%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $310.2M $445.4M $263.6M
YoY Change 17.68% -6.33% 62.52%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$22.60M -$941.4M -$275.5M
YoY Change -91.8% 463.71% -25.82%
Cash From Investing Activities -$22.60M -$941.4M -$275.5M
YoY Change -91.8% 463.71% -25.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -285.6M 158.1M 99.60M
YoY Change -386.75% -205.12% -77.4%
NET CHANGE
Cash From Operating Activities 310.2M 445.4M 263.6M
Cash From Investing Activities -22.60M -941.4M -275.5M
Cash From Financing Activities -285.6M 158.1M 99.60M
Net Change In Cash 2.000M -337.9M 87.70M
YoY Change -97.72% -313.73% -62.13%
FREE CASH FLOW
Cash From Operating Activities $310.2M $445.4M $263.6M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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0 USD
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343000 USD
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us-gaap Payments Of Dividends
PaymentsOfDividends
35169000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2518580000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2487016000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
244939000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
225005000 USD
us-gaap Payments To Fund Policy Loans
PaymentsToFundPolicyLoans
17000 USD
us-gaap Payments To Fund Policy Loans
PaymentsToFundPolicyLoans
1589000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
3719484000 USD
CY2012Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
1625446000 USD
CY2013Q2 us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
2030574000 USD
us-gaap Policyholder Benefits And Claims Incurred Net
PolicyholderBenefitsAndClaimsIncurredNet
3205595000 USD
CY2013Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2013Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2013Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2012Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012Q4 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
1356087000 USD
CY2013Q2 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
1314004000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
4014849000 USD
us-gaap Premiums Earned Net
PremiumsEarnedNet
3814143000 USD
CY2012Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
1950661000 USD
CY2013Q2 us-gaap Premiums Earned Net
PremiumsEarnedNet
2035156000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
39706000 USD
us-gaap Proceeds From Annuities And Investment Certificates
ProceedsFromAnnuitiesAndInvestmentCertificates
79134000 USD
us-gaap Proceeds From Collection Of Policy Loans
ProceedsFromCollectionOfPolicyLoans
11752000 USD
us-gaap Proceeds From Collection Of Policy Loans
ProceedsFromCollectionOfPolicyLoans
32940000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
104008000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Available For Sale Securities
ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities
62734000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
120000000 USD
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
0 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
150098000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
46313000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1759932000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1898833000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
112000000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
11439000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
-651000 USD
CY2012Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1763000 USD
CY2013Q2 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
725000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
-3287000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1529000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
142614000 USD
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
67321000 USD
CY2013Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
48243000 USD
CY2012Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
23801000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5018000 USD
CY2013Q2 us-gaap Reinsurance Payable
ReinsurancePayable
254815000 USD
CY2012Q4 us-gaap Reinsurance Payable
ReinsurancePayable
233630000 USD
CY2013Q2 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
585555000 USD
CY2012Q4 us-gaap Reinsurance Recoverables
ReinsuranceRecoverables
620901000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
397033000 USD
us-gaap Repayments Of Annuities And Investment Certificates
RepaymentsOfAnnuitiesAndInvestmentCertificates
70753000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2012Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3357255000 USD
CY2013Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3428646000 USD
us-gaap Revenues
Revenues
4668728000 USD
CY2013Q2 us-gaap Revenues
Revenues
2590642000 USD
us-gaap Revenues
Revenues
5191744000 USD
CY2012Q2 us-gaap Revenues
Revenues
2375753000 USD
CY2012Q4 us-gaap Secured Debt
SecuredDebt
652010000 USD
CY2013Q2 us-gaap Secured Debt
SecuredDebt
487556000 USD
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
290200000 USD
CY2013Q2 us-gaap Securities Sold Under Agreements To Repurchase
SecuritiesSoldUnderAgreementsToRepurchase
292100000 USD
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
342000000 USD
CY2013Q2 us-gaap Securities Sold Under Agreements To Repurchase Collateral Right To Reclaim Securities
SecuritiesSoldUnderAgreementsToRepurchaseCollateralRightToReclaimSecurities
338000000 USD
CY2013Q2 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
307700000 USD
CY2012Q4 us-gaap Securities Sold Under Agreements To Repurchase Fair Value Of Collateral
SecuritiesSoldUnderAgreementsToRepurchaseFairValueOfCollateral
305900000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1800000 shares
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
50.43
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
700000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
58.77
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y1M6D
CY2012Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
0 USD
CY2013Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
120000000 USD
us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount
69500000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
6910187000 USD
CY2013Q2 us-gaap Stockholders Equity
StockholdersEquity
5887920000 USD
CY2013Q2 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
8170066 shares
CY2012Q4 us-gaap Treasury Stock Number Of Shares Held
TreasuryStockNumberOfSharesHeld
5210427 shares
CY2013Q2 us-gaap Treasury Stock Value
TreasuryStockValue
496462000 USD
CY2012Q4 us-gaap Treasury Stock Value
TreasuryStockValue
312182000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
787000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-4934000 USD
CY2013Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-6797000 USD
CY2012Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
464000 USD
CY2012Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74054000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74048000 shares
CY2013Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72350000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73573000 shares
CY2013Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72350000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73646000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73089000 shares
CY2012Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73718000 shares
rga Accumulated Other Comprehensive Income Loss Change In Component During Period
AccumulatedOtherComprehensiveIncomeLossChangeInComponentDuringPeriod
181045000 USD
CY2011Q4 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
-828000 USD
CY2013Q2 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
-5037000 USD
CY2013Q1 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
1961000 USD
CY2012Q4 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
403000 USD
CY2012Q2 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
-719000 USD
CY2012Q1 rga Accumulated Other Comprehensive Income Loss Related To Cash Flow Hedge
AccumulatedOtherComprehensiveIncomeLossRelatedToCashFlowHedge
-862000 USD
CY2012Q4 rga Claims Recoverable From Retrocessionaires Past Due
ClaimsRecoverableFromRetrocessionairesPastDue
10400000 USD
CY2013Q2 rga Claims Recoverable From Retrocessionaires Past Due
ClaimsRecoverableFromRetrocessionairesPastDue
9800000 USD
rga Derivatives And Other Investments Net
DerivativesAndOtherInvestmentsNet
58569000 USD
CY2013Q2 rga Derivatives And Other Investments Net
DerivativesAndOtherInvestmentsNet
38142000 USD
CY2012Q2 rga Derivatives And Other Investments Net
DerivativesAndOtherInvestmentsNet
8347000 USD
rga Derivatives And Other Investments Net
DerivativesAndOtherInvestmentsNet
123873000 USD
rga Collateral Financing Expense
CollateralFinancingExpense
5188000 USD
CY2013Q2 rga Collateral Financing Expense
CollateralFinancingExpense
2650000 USD
CY2012Q2 rga Collateral Financing Expense
CollateralFinancingExpense
2878000 USD
rga Collateral Financing Expense
CollateralFinancingExpense
5845000 USD
rga Collateral Obtained Percent Of Fair Value Reverse Repurchase Agreements
CollateralObtainedPercentOfFairValueReverseRepurchaseAgreements
1.00
CY2013Q2 rga Cumulative Foreign Currency Translation Gain Loss Recorded In Accumulated Other Comprehensive Income Loss For Terminated Net Investment In Foreign Operations Hedges
CumulativeForeignCurrencyTranslationGainLossRecordedInAccumulatedOtherComprehensiveIncomeLossForTerminatedNetInvestmentInForeignOperationsHedges
18400000 USD
CY2012Q4 rga Cumulative Foreign Currency Translation Gain Loss Recorded In Accumulated Other Comprehensive Income Loss For Terminated Net Investment In Foreign Operations Hedges
CumulativeForeignCurrencyTranslationGainLossRecordedInAccumulatedOtherComprehensiveIncomeLossForTerminatedNetInvestmentInForeignOperationsHedges
-16400000 USD
CY2012Q4 rga Derivative Fair Value Of Free Standing Derivative Liability
DerivativeFairValueOfFreeStandingDerivativeLiability
54078000 USD
CY2013Q2 rga Derivative Fair Value Of Free Standing Derivative Liability
DerivativeFairValueOfFreeStandingDerivativeLiability
40900000 USD
CY2012Q4 rga Derivatives In Net Asset Liability Position Estimated Fair Value
DerivativesInNetAssetLiabilityPositionEstimatedFairValue
136558000 USD
CY2013Q2 rga Derivatives In Net Asset Liability Position Estimated Fair Value
DerivativesInNetAssetLiabilityPositionEstimatedFairValue
105672000 USD
CY2012Q2 rga Embedded Derivative Gain Loss In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossInFinancialStatementsFromUseOfOwnCreditRisk
6300000 USD
rga Embedded Derivative Gain Loss In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossInFinancialStatementsFromUseOfOwnCreditRisk
-57200000 USD
rga Embedded Derivative Gain Loss In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossInFinancialStatementsFromUseOfOwnCreditRisk
-2100000 USD
CY2013Q2 rga Embedded Derivative Gain Loss In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossInFinancialStatementsFromUseOfOwnCreditRisk
-400000 USD
CY2013Q2 rga Embedded Derivative Gain Loss On Variable Annuity Contracts In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossOnVariableAnnuityContractsInFinancialStatementsFromUseOfOwnCreditRisk
-200000 USD
CY2012Q2 rga Embedded Derivative Gain Loss On Variable Annuity Contracts In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossOnVariableAnnuityContractsInFinancialStatementsFromUseOfOwnCreditRisk
14600000 USD
rga Embedded Derivative Gain Loss On Variable Annuity Contracts In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossOnVariableAnnuityContractsInFinancialStatementsFromUseOfOwnCreditRisk
51600000 USD
rga Embedded Derivative Gain Loss On Variable Annuity Contracts In Financial Statements From Use Of Own Credit Risk
EmbeddedDerivativeGainLossOnVariableAnnuityContractsInFinancialStatementsFromUseOfOwnCreditRisk
-4900000 USD
CY2012Q4 rga Estimated Fair Value Of Collateral Provided Included In Cash
EstimatedFairValueOfCollateralProvidedIncludedInCash
-27867000 USD
CY2013Q2 rga Estimated Fair Value Of Collateral Provided Included In Cash
EstimatedFairValueOfCollateralProvidedIncludedInCash
-6950000 USD
CY2012Q4 rga Estimated Fair Value Of Collateral Provided Included In Other Invested Assets
EstimatedFairValueOfCollateralProvidedIncludedInOtherInvestedAssets
-1565000 USD
CY2013Q2 rga Estimated Fair Value Of Collateral Provided Included In Other Invested Assets
EstimatedFairValueOfCollateralProvidedIncludedInOtherInvestedAssets
-2722000 USD
CY2012Q4 rga Estimated Fair Value Of Collateral Received Included In Cash
EstimatedFairValueOfCollateralReceivedIncludedInCash
-136414000 USD
CY2013Q2 rga Estimated Fair Value Of Collateral Received Included In Cash
EstimatedFairValueOfCollateralReceivedIncludedInCash
-89829000 USD
CY2012Q4 rga Estimated Fair Value Of Collateral Received Included In Debt Securities
EstimatedFairValueOfCollateralReceivedIncludedInDebtSecurities
-22458000 USD
CY2013Q2 rga Estimated Fair Value Of Collateral Received Included In Debt Securities
EstimatedFairValueOfCollateralReceivedIncludedInDebtSecurities
-17010000 USD
CY2012Q4 rga Fair Value Assets Measured On Recurring Basis Other Invested Assets
FairValueAssetsMeasuredOnRecurringBasisOtherInvestedAssets
419861000 USD
CY2013Q2 rga Fair Value Assets Measured On Recurring Basis Other Invested Assets
FairValueAssetsMeasuredOnRecurringBasisOtherInvestedAssets
293889000 USD
CY2012Q4 rga Fair Value Measured On Recurring Basis Funds Held Under Reinsurance Agreements Asset Embedded Derivatives
FairValueMeasuredOnRecurringBasisFundsHeldUnderReinsuranceAgreementsAssetEmbeddedDerivatives
-243177000 USD
CY2013Q2 rga Fair Value Measured On Recurring Basis Funds Held Under Reinsurance Agreements Asset Embedded Derivatives
FairValueMeasuredOnRecurringBasisFundsHeldUnderReinsuranceAgreementsAssetEmbeddedDerivatives
-108473000 USD
CY2012Q4 rga Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives
FairValueMeasuredOnRecurringBasisGuaranteedInterestContractsEmbeddedDerivatives
912361000 USD
CY2013Q2 rga Fair Value Measured On Recurring Basis Guaranteed Interest Contracts Embedded Derivatives
FairValueMeasuredOnRecurringBasisGuaranteedInterestContractsEmbeddedDerivatives
878568000 USD
CY2012Q4 rga Fair Value Measured On Recurring Basis Short Term Investments
FairValueMeasuredOnRecurringBasisShortTermInvestments
239131000 USD
CY2013Q2 rga Fair Value Measured On Recurring Basis Short Term Investments
FairValueMeasuredOnRecurringBasisShortTermInvestments
21092000 USD
CY2013Q2 rga Funds Held Under Reinsurance Agreements Asset Specific Client
FundsHeldUnderReinsuranceAgreementsAssetSpecificClient
0.708
CY2012Q4 rga Funds Held Under Reinsurance Agreements Asset Specific Client
FundsHeldUnderReinsuranceAgreementsAssetSpecificClient
0.697
CY2013Q2 rga Funds Withheld At Interest Percent Of Total Investments
FundsWithheldAtInterestPercentOfTotalInvestments
0.182
CY2012Q4 rga Funds Withheld At Interest Percent Of Total Investments
FundsWithheldAtInterestPercentOfTotalInvestments
0.170
rga Gain Loss On Investments Related To Change In Fair Value Of Derivatives Excluding Embedded Derivatives
GainLossOnInvestmentsRelatedToChangeInFairValueOfDerivativesExcludingEmbeddedDerivatives
-112800000 USD
CY2013Q2 rga Gain Loss On Investments Related To Change In Fair Value Of Derivatives Excluding Embedded Derivatives
GainLossOnInvestmentsRelatedToChangeInFairValueOfDerivativesExcludingEmbeddedDerivatives
52400000 USD
rga Gains Losses On Extinguishment Of Collateral Finance Securities
GainsLossesOnExtinguishmentOfCollateralFinanceSecurities
46500000 USD
CY2012Q2 rga Gain Loss On Investments Related To Change In Fair Value Of Derivatives Excluding Embedded Derivatives
GainLossOnInvestmentsRelatedToChangeInFairValueOfDerivativesExcludingEmbeddedDerivatives
82100000 USD
rga Gain Loss On Investments Related To Change In Fair Value Of Derivatives Excluding Embedded Derivatives
GainLossOnInvestmentsRelatedToChangeInFairValueOfDerivativesExcludingEmbeddedDerivatives
-11300000 USD
CY2012Q2 rga Impairment Losses On Equity Securities
ImpairmentLossesOnEquitySecurities
-2186000 USD
rga Income Loss From Continuing Operations Before Provision For Income Tax Segment
IncomeLossFromContinuingOperationsBeforeProvisionForIncomeTaxSegment
204069000 USD
rga Income Loss From Continuing Operations Before Provision For Income Tax Segment
IncomeLossFromContinuingOperationsBeforeProvisionForIncomeTaxSegment
396655000 USD
CY2012Q4 rga Impaired Financing Receivable Net Of Related Allowance
ImpairedFinancingReceivableNetOfRelatedAllowance
32976000 USD
CY2013Q2 rga Impaired Financing Receivable Net Of Related Allowance
ImpairedFinancingReceivableNetOfRelatedAllowance
32879000 USD
CY2013Q2 rga Impairment Losses On Equity Securities
ImpairmentLossesOnEquitySecurities
0 USD
rga Impairment Losses On Equity Securities
ImpairmentLossesOnEquitySecurities
0 USD
rga Impairment Losses On Equity Securities
ImpairmentLossesOnEquitySecurities
-3025000 USD
CY2012Q2 rga Income Loss From Continuing Operations Before Provision For Income Tax Segment
IncomeLossFromContinuingOperationsBeforeProvisionForIncomeTaxSegment
215892000 USD
CY2013Q2 rga Income Loss From Continuing Operations Before Provision For Income Tax Segment
IncomeLossFromContinuingOperationsBeforeProvisionForIncomeTaxSegment
-74758000 USD
rga Investment Revenue
InvestmentRevenue
894806000 USD
CY2012Q2 rga Investment Revenue
InvestmentRevenue
337603000 USD
CY2013Q2 rga Investment Revenue
InvestmentRevenue
457415000 USD
rga Investment Revenue
InvestmentRevenue
688095000 USD
CY2013Q2 rga Margin Account For Exchange Traded Futures
MarginAccountForExchangeTradedFutures
5251000 USD
CY2012Q4 rga Margin Account For Exchange Traded Futures
MarginAccountForExchangeTradedFutures
5605000 USD
CY2012Q4 rga Mortgage Loan Percent Of Cash And Invested Assets
MortgageLoanPercentOfCashAndInvestedAssets
0.070
CY2013Q2 rga Mortgage Loan Percent Of Cash And Invested Assets
MortgageLoanPercentOfCashAndInvestedAssets
0.075
rga Mortgage Loan To Value Ratio On Approval
MortgageLoanToValueRatioOnApproval
0.75
CY2013Q2 rga Mortgage Loans On Real Estate Commercial And Consumer Net Percentage Of Total
MortgageLoansOnRealEstateCommercialAndConsumerNetPercentageOfTotal
1.000
CY2012Q4 rga Mortgage Loans On Real Estate Commercial And Consumer Net Percentage Of Total
MortgageLoansOnRealEstateCommercialAndConsumerNetPercentageOfTotal
1.000
CY2012Q4 rga Net Credit Exposure On Derivative Contracts
NetCreditExposureOnDerivativeContracts
7118000 USD
CY2013Q2 rga Net Credit Exposure On Derivative Contracts
NetCreditExposureOnDerivativeContracts
8505000 USD
CY2013Q2 rga Numberofcreditfacilities
Numberofcreditfacilities
5 credit_facilities
CY2013Q2 rga Other Impairment Losses And Change In Mortgage Loan Provision
OtherImpairmentLossesAndChangeInMortgageLoanProvision
-125000 USD
rga Other Impairment Losses And Change In Mortgage Loan Provision
OtherImpairmentLossesAndChangeInMortgageLoanProvision
4081000 USD
CY2012Q2 rga Other Impairment Losses And Change In Mortgage Loan Provision
OtherImpairmentLossesAndChangeInMortgageLoanProvision
-1762000 USD
rga Other Impairment Losses And Change In Mortgage Loan Provision
OtherImpairmentLossesAndChangeInMortgageLoanProvision
1501000 USD
CY2013Q2 rga Other Invested Assets Percent Of Cash And Invested Assets
OtherInvestedAssetsPercentOfCashAndInvestedAssets
0.033
CY2012Q4 rga Other Invested Assets Percent Of Cash And Invested Assets
OtherInvestedAssetsPercentOfCashAndInvestedAssets
0.035
rga Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
1449000 USD
CY2012Q2 rga Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
8288000 USD
rga Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
19669000 USD
CY2013Q2 rga Other Than Temporary Impairments Credit Losses On Securities Impaired To Fair Value
OtherThanTemporaryImpairmentsCreditLossesOnSecuritiesImpairedToFairValue
1449000 USD
CY2012Q2 rga Other Than Temporary Impairments On Fixed Maturity Securities Transferred To Other Comprehensive Loss
OtherThanTemporaryImpairmentsOnFixedMaturitySecuritiesTransferredToOtherComprehensiveLoss
-162000 USD
CY2013Q2 rga Other Than Temporary Impairments On Fixed Maturity Securities Transferred To Other Comprehensive Loss
OtherThanTemporaryImpairmentsOnFixedMaturitySecuritiesTransferredToOtherComprehensiveLoss
306000 USD
rga Other Than Temporary Impairments On Fixed Maturity Securities Transferred To Other Comprehensive Loss
OtherThanTemporaryImpairmentsOnFixedMaturitySecuritiesTransferredToOtherComprehensiveLoss
306000 USD
rga Other Than Temporary Impairments On Fixed Maturity Securities Transferred To Other Comprehensive Loss
OtherThanTemporaryImpairmentsOnFixedMaturitySecuritiesTransferredToOtherComprehensiveLoss
7059000 USD
CY2012Q4 rga Percentage Of Fixed Maturity Securities Classified As Level3
PercentageOfFixedMaturitySecuritiesClassifiedAsLevel3
0.100
CY2013Q2 rga Percentage Of Fixed Maturity Securities Classified As Level3
PercentageOfFixedMaturitySecuritiesClassifiedAsLevel3
0.110
CY2013Q2 rga Percentage Of Total Available For Sale Securities
PercentageOfTotalAvailableForSaleSecurities
1.000
CY2012Q4 rga Percentage Of Total Available For Sale Securities
PercentageOfTotalAvailableForSaleSecurities
1.000
CY2012Q4 rga Percentage Of Total Gross Unrealized Losses For Fixed Maturity And Equity Securities
PercentageOfTotalGrossUnrealizedLossesForFixedMaturityAndEquitySecurities
1.000
CY2013Q2 rga Percentage Of Total Gross Unrealized Losses For Fixed Maturity And Equity Securities
PercentageOfTotalGrossUnrealizedLossesForFixedMaturityAndEquitySecurities
1.000
CY2013Q2 rga Performance Contingent Units
PerformanceContingentUnits
300000 shares
CY2012Q2 rga Policy Acquisition Costs And Other Insurance Expenses
PolicyAcquisitionCostsAndOtherInsuranceExpenses
335939000 USD
rga Policy Acquisition Costs And Other Insurance Expenses
PolicyAcquisitionCostsAndOtherInsuranceExpenses
727862000 USD
rga Policy Acquisition Costs And Other Insurance Expenses
PolicyAcquisitionCostsAndOtherInsuranceExpenses
643573000 USD
CY2013Q2 rga Policy Acquisition Costs And Other Insurance Expenses
PolicyAcquisitionCostsAndOtherInsuranceExpenses
370505000 USD
CY2013Q2 rga Policy Loans Percent Of Total Investments
PolicyLoansPercentOfTotalInvestments
0.039
CY2012Q4 rga Policy Loans Percent Of Total Investments
PolicyLoansPercentOfTotalInvestments
0.039
CY2013Q2 rga Proceeds From Sale Of Available For Sale Securities Sold At Loss
ProceedsFromSaleOfAvailableForSaleSecuritiesSoldAtLoss
257600000 USD
CY2012Q2 rga Proceeds From Sale Of Available For Sale Securities Sold At Loss
ProceedsFromSaleOfAvailableForSaleSecuritiesSoldAtLoss
153500000 USD
rga Proceeds From Sale Of Available For Sale Securities Sold At Loss
ProceedsFromSaleOfAvailableForSaleSecuritiesSoldAtLoss
401600000 USD
rga Proceeds From Sale Of Available For Sale Securities Sold At Loss
ProceedsFromSaleOfAvailableForSaleSecuritiesSoldAtLoss
461900000 USD
CY2012Q4 rga Reinsurance Claims Recoverables
ReinsuranceClaimsRecoverables
156000000 USD
CY2013Q2 rga Reinsurance Claims Recoverables
ReinsuranceClaimsRecoverables
147200000 USD
rga Retrocession Pool Participants Minimum Am Best Rating
RetrocessionPoolParticipantsMinimumAmBestRating
A- (excellent)
CY2012 rga Retrocession Pool Participants Minimum Am Best Rating
RetrocessionPoolParticipantsMinimumAmBestRating
A- (excellent)
CY2013Q2 rga Securities As Percentage Of Consolidated Stockholder Equity
SecuritiesAsPercentageOfConsolidatedStockholderEquity
0.10
CY2012Q4 rga Securities As Percentage Of Consolidated Stockholder Equity
SecuritiesAsPercentageOfConsolidatedStockholderEquity
0.10
rga Securities Borrowed Or Pledged Minimum Fair Value Percentage
SecuritiesBorrowedOrPledgedMinimumFairValuePercentage
1
CY2013Q2 rga Shares Granted To Non Employee Directors
SharesGrantedToNonEmployeeDirectors
14200 shares
CY2013Q2 rga Syndicated Revolving Credit Facility Capacity
SyndicatedRevolvingCreditFacilityCapacity
850000000 USD
CY2012Q4 rga Undrawn Outstanding Letters Of Credit Between Subsidiaries
UndrawnOutstandingLettersOfCreditBetweenSubsidiaries
763500000 USD
CY2013Q2 rga Undrawn Outstanding Letters Of Credit Between Subsidiaries
UndrawnOutstandingLettersOfCreditBetweenSubsidiaries
861300000 USD
CY2012Q4 rga Undrawn Outstanding Letters Of Credit In Favor Of Third Parties
UndrawnOutstandingLettersOfCreditInFavorOfThirdParties
45400000 USD
CY2013Q2 rga Undrawn Outstanding Letters Of Credit In Favor Of Third Parties
UndrawnOutstandingLettersOfCreditInFavorOfThirdParties
76200000 USD
CY2013Q2 rga Weighted Average Number Diluted Shares Outstanding Assuming Exercise Of Share Based Payment Arrangements
WeightedAverageNumberDilutedSharesOutstandingAssumingExerciseOfShareBasedPaymentArrangements
72800000 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000898174
CY2013Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
70984449 shares
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
REINSURANCE GROUP OF AMERICA INC
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
CY2012Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
6598107000 USD
CY2013Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
7726973000 USD

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