Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-11848 REINSURANCE GROUP OF AMERICA, INCORPORATED (Exact name of Registrant as specified in its charter) (State or other jurisdiction (IRS employer of incorpo ...

PART I [Item 1. Business](index=4&type=section&id=Item%201.%20Business) Reinsurance Group of America, Incorporated (RGA) is a leading global provider of life and health reinsurance and financial solutions, operating through geographic segments including the U.S. and Latin America, Canada, EMEA, and Asia Pacific, with the COVID-19 pandemic significantly impacting 2020 performance - RGA is a leading global provider of traditional life and health reinsurance and financial solutions, with operations across the U.S., Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia[21](index=21&type=chunk) - The COVID-19 pandemic in 2020 led to increased mortality and morbidity risks, a global economic slowdown, and financial market uncertainty, all negatively impacting the Company's financial performance[22](index=22&type=chunk) - The company's business is divided into two main categories: Traditional Reinsurance (including life, health, disability, long-term care, and critical illness) and Financial Solutions (including longevity, asset-intensive, capital solutions, and stable value products)[23](index=23&type=chunk)[31](index=31&type=chunk) - As of December 31, 2020, the company employed approximately **3,600 people** in over 25 countries, emphasizing a collaborative culture with high employee engagement and a low three-year average annual voluntary attrition rate of **6.7%**[96](index=96&type=chunk)[103](index=103&type=chunk) - A 2019 company-wide pay equity study found that women at RGA are paid **100.1%** of what men are paid for comparable jobs, and in the U.S., the average non-Caucasian to Caucasian pay ratio was **100.9%**[109](index=109&type=chunk) [Overview](index=4&type=section&id=A.%20Overview) This subsection provides a general introduction to the company's operations and strategic focus [Corporate Structure](index=6&type=section&id=B.%20Corporate%20Structure) The company operates as a holding company, relying on subsidiary dividends and capital raising, and is subject to extensive state and international regulatory oversight, with strong insurer financial strength ratings - RGA is a holding company that relies on dividends from its subsidiaries and capital raising efforts to meet its obligations, with primary operating and captive subsidiaries regulated across various jurisdictions including Missouri, South Carolina, Canada, Bermuda, Barbados, Australia, and Ireland[38](index=38&type=chunk) - The company is subject to extensive regulation in the U.S. at the state level, including solvency standards, capital requirements (RBC), and restrictions on dividends, managing increased statutory reserve requirements for certain life products through retrocession to affiliated and unaffiliated reinsurers[39](index=39&type=chunk)[44](index=44&type=chunk)[46](index=46&type=chunk) - Internationally, RGA's operations are regulated by local authorities, including the Bermuda Monetary Authority (BMA), and are subject to frameworks like Solvency II in the EEA, designated as an Internationally Active Insurance Group (IAIG) requiring group-wide risk and solvency assessments[70](index=70&type=chunk)[71](index=71&type=chunk)[72](index=72&type=chunk) Insurer Financial Strength Ratings | Insurer Financial Strength Ratings | (1) A.M. Best | (2) Moody's | (3) S&P | | :--- | :--- | :--- | :--- | | RGA Reinsurance Company | A+ | A1 | AA- | | RGA Life Reinsurance Company of Canada | A+ | Not Rated | AA- | | RGA International Reinsurance Company dac | Not Rated | Not Rated | AA- | | RGA Global Reinsurance Company, Ltd. | Not Rated | Not Rated | AA- | | RGA Reinsurance Company of Australia Limited | Not Rated | Not Rated | AA- | | RGA Reinsurance Company (Barbados) Ltd. | Not Rated | Not Rated | AA- | | RGA Americas Reinsurance Company, Ltd. | A+ | Not Rated | AA- | | RGA Atlantic Reinsurance Company Ltd. | A+ | Not Rated | Not Rated | | Omnilife Insurance Company Limited | Not Rated | Not Rated | A+ | [Segments](index=16&type=section&id=C.%20Segments) The company operates through distinct geographic segments, including the U.S. and Latin America, Canada, EMEA, and Asia Pacific, each exhibiting varying degrees of client concentration - The U.S. and Latin America operations are the largest segment, with its five largest clients generating approximately **$1.8 billion** or **27.8%** of the segment's gross premiums and other revenues in 2020[116](index=116&type=chunk)[128](index=128&type=chunk) - The Canada operations have a concentrated customer base, with the five largest clients generating approximately **$721 million** or **60.1%** of the segment's gross premiums and other revenues in 2020[129](index=129&type=chunk)[136](index=136&type=chunk) - The EMEA operations serve clients from offices in Europe, the Middle East, and Africa, with the five largest clients generating approximately **$910 million** or **45.0%** of the segment's gross premiums and other revenues in 2020[137](index=137&type=chunk)[141](index=141&type=chunk) - The Asia Pacific operations serve clients across Australia, China, Hong Kong, India, Japan, and other key Asian markets, with the five largest clients generating approximately **$1.4 billion** or **46.9%** of the segment's gross premiums and other revenues in 2020[142](index=142&type=chunk)[147](index=147&type=chunk) [Item 1A. Risk Factors](index=21&type=section&id=Item%201A.%20Risk%20Factors) The company faces significant risks, prominently from the COVID-19 pandemic, which has adversely affected mortality rates, economic conditions, and investment results, alongside business-related risks from pricing assumptions, regulatory changes, ratings downgrades, and investment risks from market volatility and interest rate fluctuations - The COVID-19 pandemic poses significant risks, including increased mortality and morbidity claims, degradation of economic conditions, adverse impacts on the investment portfolio, potential ratings downgrades, and operational challenges due to remote work[153](index=153&type=chunk) - The company's profitability is sensitive to assumptions about mortality, morbidity, lapsation, and investment returns, where significant deviations from these assumptions could negatively affect financial results[166](index=166&type=chunk) - A downgrade in financial strength ratings could adversely affect the company's ability to compete, increase its cost of capital, and potentially allow clients to terminate reinsurance contracts or require the posting of collateral[174](index=174&type=chunk)[177](index=177&type=chunk) - The company is exposed to risks from interest rate fluctuations, which can reduce investment income and affect interest rate spreads, with a prolonged low-interest-rate environment potentially adversely affecting cash flows and financial condition[230](index=230&type=chunk)[231](index=231&type=chunk) - Cybersecurity failures, including breaches of sensitive data, could impair the ability to conduct business, harm the company's reputation, and lead to litigation, regulatory sanctions, and financial losses[213](index=213&type=chunk) - The planned phase-out of the London Interbank Offered Rate (LIBOR) after 2021 creates uncertainty and may adversely affect the value of certain LIBOR-based assets and liabilities[245](index=245&type=chunk) [Item 1B. Unresolved Staff Comments](index=35&type=section&id=Item%201B.%20Unresolved%20Staff%20Comments) The company reports that it has no unresolved staff comments from the Securities and Exchange Commission - The Company has no unresolved staff comments from the Securities and Exchange Commission[252](index=252&type=chunk) [Item 2. Properties](index=35&type=section&id=Item%202.%20Properties) The company's corporate headquarters is an owned site in Chesterfield, Missouri, and it leases office space in 49 locations worldwide, with all facilities considered to be in good operating condition - The Company's corporate headquarters is located at an owned site in Chesterfield, Missouri, and it also leases office space in 49 locations globally[253](index=253&type=chunk) [Item 3. Legal Proceedings](index=35&type=section&id=Item%203.%20Legal%20Proceedings) The company is subject to litigation in the normal course of business but reports no material litigation currently, with legal reserves established when a loss is probable and the amount can be reasonably estimated - The Company is subject to litigation in the normal course of business but currently has no material litigation[254](index=254&type=chunk) [Item 4. Mine Safety Disclosures](index=35&type=section&id=Item%204.%20Mine%20Safety%20Disclosures) This item is not applicable to the company - Not applicable[255](index=255&type=chunk) PART II [Item 5. Market for Registrant's Common Equity, Related Stockholder Matters, and Issuer Purchases of Equity Securities](index=36&type=section&id=Item%205.%20Market%20for%20Registrant%27s%20Common%20Equity%2C%20Related%20Stockholder%20Matters%2C%20and%20Issuer%20Purchases%20of%20Equity%20Securities) RGA's common stock trades on the NYSE under the symbol "RGA", with the company suspending its stock repurchase program on May 6, 2020, due to the COVID-19 pandemic, and its 5-year cumulative total return of **47.83%** outperforming the S&P Life & Health Insurance Index but underperforming the S&P 500 Index - RGA's common stock is traded on the New York Stock Exchange (NYSE) under the symbol "RGA", with **68 million shares** outstanding as of January 31, 2021[258](index=258&type=chunk) - On May 6, 2020, the Company suspended its stock repurchase program until further notice, citing the impact of the ongoing COVID-19 pandemic and other factors[260](index=260&type=chunk) 5-Year Cumulative Total Return Comparison (2015-2020) | Index | 12/15 | 12/16 | 12/17 | 12/18 | 12/19 | 12/20 | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | **Reinsurance Group of America, Inc.** | $100.00 | $149.47 | $187.71 | $171.34 | $202.69 | $147.83 | | **S&P 500** | $100.00 | $111.96 | $136.40 | $130.42 | $171.49 | $203.04 | | **S&P Life & Health Insurance** | $100.00 | $124.86 | $145.37 | $115.17 | $141.88 | $128.43 | [Item 6. Selected Financial Data](index=38&type=section&id=Item%206.%20SELECTED%20FINANCIAL%20DATA) The company's selected financial data shows a significant decrease in net income to **$415 million** in 2020 from **$870 million** in 2019, with diluted EPS falling to **$6.31** from **$13.62**, despite a rise in net premiums to **$11.7 billion**, while total assets and total stockholders' equity continued to grow, reaching **$84.7 billion** and **$14.4 billion**, respectively, at year-end 2020 Selected Consolidated Financial Data (2018-2020) | Metric | 2020 | 2019 | 2018 | | :--- | :--- | :--- | :--- | | **Net premiums** | $11,694 M | $11,297 M | $10,544 M | | **Total revenues** | $14,596 M | $14,300 M | $12,876 M | | **Income before income taxes** | $553 M | $1,132 M | $846 M | | **Net income** | $415 M | $870 M | $716 M | | **Diluted earnings per share** | $6.31 | $13.62 | $11.00 | | **Dividends per share** | $2.80 | $2.60 | $2.20 | | **Total assets** | $84,656 M | $76,731 M | $64,535 M | | **Total stockholders' equity** | $14,352 M | $11,601 M | $8,450 M | [Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=39&type=section&id=Item%207.%20MANAGEMENT%27S%20DISCUSSION%20AND%20ANALYSIS%20OF%20FINANCIAL%20CONDITION%20AND%20RESULTS%20OF%20OPERATIONS) Management's discussion attributes the significant drop in 2020 net income primarily to an estimated **$720 million** in COVID-19 related claims, with the U.S. and Latin America segment being the most affected, while net premiums grew due to business in force, and the company enhanced its liquidity and capital position through a common stock offering and a senior notes issuance, despite a decline in investment yield due to the low-interest-rate environment - The decrease in net income in 2020 was primarily driven by increased mortality claims in the U.S. & Latin America, Canada, and EMEA traditional segments, largely attributable to the COVID-19 pandemic[335](index=335&type=chunk) - For the year ending December 31, 2020, the Company estimates it incurred approximately **$720 million** of COVID-19 related life and health claim costs, with about **$590 million** associated with the U.S. and Latin America Traditional segment[325](index=325&type=chunk) - To enhance capital and liquidity, the company completed a common stock offering with net proceeds of approximately **$481 million** and an offering of **$600 million** in **3.150%** Senior Notes due 2030[328](index=328&type=chunk) - The average investment yield, excluding spread-related business, decreased to **4.00%** in 2020 from **4.56%** in 2019, primarily due to the low interest rate environment and higher cash balances held during the pandemic[341](index=341&type=chunk)[390](index=390&type=chunk) - The company's Enterprise Risk Management (ERM) framework categorizes and manages risks across five areas: Insurance, Market and Credit, Capital, Operational, and Strategic risk[490](index=490&type=chunk) [Consolidated Results of Operations](index=49&type=section&id=Consolidated%20Results%20of%20Operations) The company's consolidated results for 2020 show a significant decrease in net income and income before income taxes, primarily driven by an **$878 million** increase in claims and other policy benefits due to COVID-19 related mortality, despite a **3.5%** increase in net premiums Consolidated Results of Operations (2020 vs. 2019) | Metric | 2020 | 2019 | Change | | :--- | :--- | :--- | :--- | | **Total revenues** | $14,596 M | $14,300 M | $296 M | | **Total benefits and expenses** | $14,043 M | $13,168 M | $875 M | | **Income before income taxes** | $553 M | $1,132 M | ($579 M) | | **Net income** | $415 M | $870 M | ($455 M) | | **Diluted earnings per share** | $6.31 | $13.62 | | - The primary driver for the decrease in income was an **$878 million** increase in claims and other policy benefits, largely due to COVID-19 related mortality[335](index=335&type=chunk) - Net premiums increased by **$397 million**, or **3.5%**, primarily due to growth in life reinsurance in force, with assumed life insurance in force remaining stable at approximately **$3.5 trillion**[335](index=335&type=chunk)[338](index=338&type=chunk) [Results of Operations by Segment](index=53&type=section&id=Results%20of%20Operations%20by%20Segment) Segment results for 2020 show a significant loss in the U.S. and Latin America due to COVID-19 mortality, decreased income in Canada and EMEA also impacted by COVID-19, and strong growth in Asia Pacific driven by favorable claims and Financial Solutions business - **U.S. and Latin America:** Reported a loss before income taxes of **$3 million** in 2020, a sharp decline from income of **$663 million** in 2019, with the Traditional segment recording a loss of **$298 million** due to unfavorable mortality experience attributed to COVID-19[347](index=347&type=chunk)[349](index=349&type=chunk) - **Canada:** Income before income taxes decreased to **$155 million** in 2020 from **$183 million** in 2019, primarily due to less favorable individual life mortality experience and COVID-19 claims[365](index=365&type=chunk)[367](index=367&type=chunk) - **Europe, Middle East and Africa (EMEA):** Income before income taxes decreased slightly to **$285 million** in 2020 from **$303 million** in 2019, as poor mortality experience from COVID-19 was partially offset by favorable performance in the longevity business[373](index=373&type=chunk) - **Asia Pacific:** Income before income taxes increased significantly to **$233 million** in 2020 from **$128 million** in 2019, driven by favorable claims experience and growth in the Financial Solutions business[378](index=378&type=chunk)[380](index=380&type=chunk) [Liquidity and Capital Resources](index=65&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains sufficient liquidity and capital, having raised **$600 million** in Senior Notes and **$481 million** from a common stock offering in 2020, while suspending its share repurchase program and holding higher cash levels in response to COVID-19 - The company believes its cash flows and available funds are sufficient to meet liquidity requirements for the next twelve months, even under stress scenarios, and is holding higher cash and cash equivalents levels in response to COVID-19[389](index=389&type=chunk) - In 2020, RGA raised capital by issuing **$600 million** in **3.15%** Senior Notes and through a common stock offering that generated net proceeds of approximately **$481 million**[328](index=328&type=chunk)[408](index=408&type=chunk) - The company suspended its share repurchase program on May 6, 2020, with total cash paid to shareholders through dividends and repurchases being **$335 million** in 2020, compared to **$243 million** in 2019[399](index=399&type=chunk) - As of December 31, 2020, the company had **$3.6 billion** in outstanding long-term debt and was in compliance with all debt covenants, also having access to an **$850 million** syndicated revolving credit facility[407](index=407&type=chunk)[411](index=411&type=chunk) [Item 8. Financial Statements and Supplementary Data](index=89&type=section&id=Item%208.%20FINANCIAL%20STATEMENTS%20AND%20SUPPLEMENTARY%20DATA) This section presents the company's audited consolidated financial statements for the fiscal year ended December 31, 2020, including balance sheets, income statements, and cash flow statements, reflecting a significant increase in total assets to **$84.7 billion** and a decrease in net income to **$415 million**, primarily due to the impacts of the COVID-19 pandemic, along with detailed notes on accounting policies, investments, and segment information Consolidated Balance Sheet Highlights (as of Dec 31) | Account | 2020 | 2019 | | :--- | :--- | :--- | | **Total investments** | $72,400 M | $66,555 M | | **Total assets** | $84,656 M | $76,731 M | | **Total liabilities** | $70,304 M | $65,130 M | | **Total stockholders' equity** | $14,352 M | $11,601 M | Consolidated Statement of Income Highlights (Year Ended Dec 31) | Account | 2020 | 2019 | 2018 | | :--- | :--- | :--- | :--- | | **Total revenues** | $14,596 M | $14,300 M | $12,876 M | | **Total benefits and expenses** | $14,043 M | $13,168 M | $12,030 M | | **Net income** | $415 M | $870 M | $716 M | - The company adopted the new CECL (Current Expected Credit Loss) accounting standard on January 1, 2020, resulting in a pre-tax increase of approximately **$15 million** in the allowance for credit losses, reflected as a decrease to opening retained earnings[663](index=663&type=chunk) - The company's investment portfolio is primarily composed of fixed maturity securities, which were valued at **$56.7 billion** at the end of 2020, up from **$51.1 billion** in 2019, with corporate securities representing the largest asset class within this portfolio[451](index=451&type=chunk)[457](index=457&type=chunk) [Item 9A. Controls and Procedures](index=158&type=section&id=Item%209A.%20Controls%20and%20Procedures) Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of December 31, 2020, with no material changes to internal control over financial reporting during the fourth quarter despite the shift to remote work due to COVID-19, and the report includes management's assertion of effectiveness and an unqualified attestation report from Deloitte & Touche LLP - The CEO and CFO concluded that the Company's disclosure controls and procedures were effective as of December 31, 2020[896](index=896&type=chunk) - Management asserted that the Company maintained effective internal control over financial reporting as of December 31, 2020, based on the COSO framework[899](index=899&type=chunk) - The independent registered public accounting firm, Deloitte & Touche LLP, issued an unqualified opinion on the effectiveness of the Company's internal control over financial reporting[900](index=900&type=chunk)[902](index=902&type=chunk) PART III [Item 10. Directors, Executive Officers, and Corporate Governance](index=160&type=section&id=Item%2010.%20Directors%2C%20Executive%20Officers%2C%20and%20Corporate%20Governance) This section provides information on the company's executive officers and incorporates by reference details from the upcoming Proxy Statement regarding directors, corporate governance, and the audit committee, noting the adoption of several codes of conduct available on its website - Information regarding the Company's Directors is incorporated by reference from the Definitive Proxy Statement for the Annual Meeting of Shareholders to be held in May 2021[10](index=10&type=chunk)[910](index=910&type=chunk) - The report lists the executive officers of the company, providing their names, ages, titles, and brief biographies[911](index=911&type=chunk)[912](index=912&type=chunk)[913](index=913&type=chunk) - The Company has adopted a Code of Conduct, a Directors' Code of Business Conduct and Ethics, and a Financial Management Code of Professional Conduct, all of which are available on its website[926](index=926&type=chunk) [Item 11. Executive Compensation](index=162&type=section&id=Item%2011.%20Executive%20Compensation) Information regarding executive compensation is incorporated by reference from the company's Proxy Statement, specifically under the sections "Compensation Discussion and Analysis," "Compensation Tables and Other Matters," and "Compensation Committee Report" - Information on executive compensation is incorporated by reference from the Proxy Statement[930](index=930&type=chunk) [Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters](index=162&type=section&id=Item%2012.%20Security%20Ownership%20of%20Certain%20Beneficial%20Owners%20and%20Management%20and%20Related%20Stockholder%20Matters) This section incorporates by reference information on security ownership from the company's Proxy Statement and details securities authorized for issuance under equity compensation plans, showing **2,578,615** securities to be issued upon exercise of outstanding options and rights, and **1,146,776** securities remaining available for future issuance - Information on security ownership is incorporated by reference from the Proxy Statement[931](index=931&type=chunk) Equity Compensation Plan Information | Plan Category | Number of securities to be issued upon exercise (a) | Weighted-average exercise price (b) | Number of securities remaining available for future issuance (c) | | :--- | :--- | :--- | :--- | | Equity compensation plans approved by security holders | 2,578,615 | $102.30 | 1,146,776 | [Item 13. Certain Relationships and Related Transactions, and Director Independence](index=163&type=section&id=Item%2013.%20Certain%20Relationships%20and%20Related%20Transactions%2C%20and%20Director%20Independence) Information regarding certain relationships, related party transactions, and director independence is incorporated by reference from the company's Proxy Statement - Information on certain relationships, related transactions, and director independence is incorporated by reference from the Proxy Statement[933](index=933&type=chunk) [Item 14. Principal Accountant Fees and Services](index=163&type=section&id=Item%2014.%20Principal%20Accountant%20Fees%20and%20Services) Information regarding principal accountant fees and services is incorporated by reference from the company's Proxy Statement under the item for the ratification of the independent auditor - Information on principal accountant fees and services is incorporated by reference from the Proxy Statement[934](index=934&type=chunk) PART IV [Item 15. Exhibits, Financial Statement Schedules](index=164&type=section&id=Item%2015.%20Exhibits%2C%20Financial%20Statement%20Schedules) This section provides an index to the consolidated financial statements, supplementary financial statement schedules, and all exhibits filed with the 10-K report, with financial statements included in Item 8 and schedules covering investments, condensed financial information, supplementary insurance information, and reinsurance details - This item lists the financial statements, financial statement schedules, and exhibits included in or incorporated by reference into the Form 10-K[936](index=936&type=chunk)[937](index=937&type=chunk) [Item 16. Form 10-K Summary](index=164&type=section&id=Item%2016.%20Form%2010-K%20Summary) The company indicates that there is no Form 10-K summary provided - None[938](index=938&type=chunk)

The security of experience. The power of innovation. 4Q20 Earnings Presentation Reinsurance Group of America, Incorporated February 8, 2021 Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, among others, statements relating to projections of the future operations, strategies, earnings, revenues, income or loss, ratios, financial performance and growth potential of the Company. Forward-looking statements oft ...

Reinsurance Group of America, Incorporated (NYSE:RGA) Q4 2020 Earnings Conference Call February 9, 2021 9:00 AM ET Company Participants Todd Larson - Senior EVP and CFO Anna Manning - President and CEO Alain Néemeh - COO Leslie Barbi - Chief Investment Officer Jonathan Porter - Chief Risk Officer Jeff Hopson - Head of IR Conference Call Participants Humphrey Lee - Dowling & Partners Andrew Kligerman - Credit Suisse Erik Bass - Autonomous Research Jimmy Bhullar - JP Morgan Dan Bergman - Citi Tom Gallagher - ...

The security of experience. The power of innovation. 3Q20 Earnings Presentation Reinsurance Group of America, Incorporated November 5, 2020 Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, among others, statements relating to projections of the future operations, strategies, earnings, revenues, income or loss, ratios, financial performance and growth potential of the Company. Forward-looking statements oft ...

Reinsurance Group of America, Inc. (NYSE:RGA) Q3 2020 Results Conference Call November 6, 2020 10:00 AM ET Company Participants Todd Larson - Senior EVP & CFO Anna Manning - President & CEO Jonathan Porter - EVP & Global Chief Risk Officer Alain Néemeh - Senior EVP & COO Leslie Barbi - Chief Investment Officer Conference Call Participants Andrew Kligerman - Credit Suisse Humphrey Lee - Dowling & Partners Erik Bass - Autonomous Research Ryan Krueger - KBW John Barnidge - Piper Sandler Dan Bergman - Citigroup ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-11848 REINSURANCE GROUP OF AMERICA, INCORPORATED (Exact name of Registrant as specified in its charter) (State or other jurisdiction (IRS employer of inc ...

The security of experience. The power of innovation. 2Q20 Earnings Presentation Reinsurance Group of America, Incorporated August 5, 2020 Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 including, among others, statements relating to projections of the future operations, strategies, earnings, revenues, income or loss, ratios, financial performance and growth potential of the Company. Forward-looking statements often ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-11848 REINSURANCE GROUP OF AMERICA, INCORPORATED If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended t ...

Reinsurance Group of America, Inc. (NYSE:RGA) Q2 2020 Earnings Conference Call August 5, 2020 9:00 AM ET Company Participants Todd Larson - Senior EVP & CFO Anna Manning - President & CEO Jonathan Porter - EVP & Global Chief Risk Officer Alain Néemeh - Senior EVP & COO Conference Call Participants Humphrey Lee - Dowling & Partners Securities Andrew Kligerman - Crédit Suisse Jamminder Bhullar - JPMorgan Chase & Co. Ryan Krueger - KBW Erik Bass - Autonomous Research Thomas Gallagher - Evercore ISI Daniel Berg ...