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Schedule II Condensed Financial Information
 12 Months Ended
Dec. 31, 2012
Financial Information Of Registrant [Abstract]  
Condensed financial information of parent company
REINSURANCE GROUP OF AMERICA, INCORPORATED
SCHEDULE II—CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT
December 31,
(dollars in thousands)
             
     2012 2011 2010
CONDENSED BALANCE SHEETS         
 Assets:         
  Fixed maturity securities available-for-sale, at fair value $ 604,896 $ 467,306   
  Short-term and other investments   64,681   44,825   
  Cash and cash equivalents   52,680   71,506   
  Investment in subsidiaries   8,148,532   6,879,608   
  Loans to subsidiaries   1,025,000   775,000   
  Other assets   155,190   132,841   
   Total assets $ 10,050,979 $ 8,371,086   
             
 Liabilities and stockholders' equity:         
  Long-term debt - unaffiliated(1) $ 1,895,181 $ 1,494,615   
  Long-term debt - affiliated(2)   500,000   500,000   
  Other liabilities   745,611   557,773   
  Stockholders' equity   6,910,187   5,818,698   
   Total liabilities and stockholders' equity $ 10,050,979 $ 8,371,086   
             
CONDENSED STATEMENTS OF INCOME         
 Interest / dividend income(3) $ 86,396 $ 245,631 $ 128,448
 Investment related gains (losses), net   4,515   1,723   2,944
 Operating expenses   (26,431)   (32,550)   (19,442)
 Interest expense   (143,260)   (111,600)   (96,556)
  Income (loss) before income tax and undistributed earnings of subsidiaries   (78,780)   103,204   15,394
 Income tax expense (benefit)   (9,566)   8,935   6,707
  Net income (loss) before undistributed earnings of subsidiaries   (69,214)   94,269   8,687
 Equity in undistributed earnings of subsidiaries   701,107   451,776   527,055
  Net income   631,893   546,045   535,742
 Other comprehensive income   9,984   (12,265)   20,144
  Total comprehensive income $ 641,877 $ 533,780 $ 555,886
             
             
The condensed financial information of RGA (the “Parent Company”) should be read in conjunction with the consolidated financial statements of RGA and its subsidiaries and the notes thereto (the “Consolidated Financial Statements”). These condensed unconsolidated financial statements reflect the results of operations, financial position and cash flows for RGA. Investments in subsidiaries are accounted for using the equity method of accounting.
             
             
(1)Long-term debt - unaffiliated consists of the following:
     2012 2011   
  $400 million 6.75% Junior Subordinated Debentures due 2065 $ 398,727 $ 398,652   
  $400 million 6.20% Subordinated Debentures due 2042   400,000   --   
  $400 million 5.00% Senior Notes due 2021   398,141   397,920   
  $400 million 6.45% Senior Notes due 2019   399,534   399,466   
  $300 million 5.625% Senior Notes due 2017   298,851   298,577   
   Total $ 1,895,253 $ 1,494,615   
             
  Repayments of long-term debt - unaffiliated due over the next five years total $300,000, due 2017.
             
(2)Long-term debt - affiliated consists of subordinated debt issued to various operating subsidiaries, none of which is due over the next five years.
            
             
(3)Interest/Dividend income includes $190,000 and $80,000 of cash dividends received from consolidated subsidiaries in 2011 and 2010, respectively. Cash dividends received from consolidated subsidiaries in 2012 were not material.
            
             

REINSURANCE GROUP OF AMERICA, INCORPORATED
SCHEDULE II—CONDENSED FINANCIAL INFORMATION OF THE REGISTRANT (continued)
December 31,
(dollars in thousands)
             
     2012 2011 2010
CONDENSED STATEMENTS OF CASH FLOWS         
 Operating activities:         
  Net income $ 631,893 $ 546,045 $ 535,742
  Equity in earnings of subsidiaries   (701,107)   (453,806)   (528,228)
  Loss on retirement of trust preferred securities   --   4,391   --
  Other, net   134,232   143,716   12,205
   Net cash provided by operating activities $ 65,018 $ 240,346 $ 19,719
             
 Investing activities:         
  Sales of fixed maturity securities available-for-sale $ 122,212 $ 171,791 $ 169,910
  Purchases of fixed maturity securities available-for-sale   (213,548)   (116,010)   (214,025)
  Purchases of subsidiary debt securities   (250,000)   (475,000)   (100,000)
  Maturities of subsidiary debt securities   --   50,000   226,550
  Change in short-term and other invested assets   5,718   (2,055)   7,688
  Capital contributions to subsidiaries   (70,431)   (105,575)   (73,950)
   Net cash provided by (used in) investing activities   (406,049)   (476,849)   16,173
             
 Financing activities:         
  Dividends to stockholders   (61,945)   (44,229)   (35,170)
  Purchases of treasury stock   (6,924)   (380,345)   (718)
  Excess tax benefits from share-based payment arrangement   416   4,933   (2,255)
  Exercise of stock options, net   (3,087)   6,449   2,277
  Change in cash collateral for derivative positions   --   --   6,759
  Principal payments on debt   --   (200,000)   --
  Maturity of trust preferred securities   --   (159,473)   --
  Proceeds from unaffiliated long-term debt issuance   400,000   397,788   --
  Debt issuance costs   (6,255)   (3,400)   --
  Proceeds from affiliated long-term debt issuance   --   500,000   --
  Proceeds from redemption and remarketing of trust preferred securities   --   154,588   --
   Net cash (used in) provided by financing activities   322,205   276,311   (29,107)
   Net change in cash and cash equivalents   (18,826)   39,808   6,785
 Cash and cash equivalents at beginning of year   71,506   31,698   24,913
 Cash and cash equivalents at end of year $ 52,680 $ 71,506 $ 31,698
             
 Supplementary information:         
  Cash paid for interest $ 130,047 $ 98,809 $ 96,760
  Cash paid for income taxes, net of refunds $ 30,500 $ -- $ (37,200)