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Equity
 12 Months Ended
Dec. 31, 2015
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income
Common stock
The changes in number of common stock shares, issued, held in treasury and outstanding are as follows for the periods indicated:
 
 
Issued
 
Held In Treasury
 
Outstanding
Balance, December 31, 2012
 
79,137,758

 
5,210,427

 
73,927,331

Common Stock acquired
 
—

 
4,151,312

 
(4,151,312
)
Stock-based compensation (1)
 
—

 
(992,199
)
 
992,199

Balance, December 31, 2013
 
79,137,758

 
8,369,540

 
70,768,218

Common Stock acquired
 
—

 
2,530,608

 
(2,530,608
)
Stock-based compensation (1)
 
—

 
(535,351
)
 
535,351

Balance, December 31, 2014
 
79,137,758

 
10,364,797

 
68,772,961

Common Stock acquired
 
—

 
4,145,440

 
(4,145,440
)
Stock-based compensation (1)
 
—

 
(577,005
)
 
577,005

Balance, December 31, 2015
 
79,137,758

 
13,933,232

 
65,204,526

(1)
Represents net shares issued from treasury pursuant to the Company's stock-based compensation programs.
Common stock held in treasury
Common stock held in treasury is accounted for at average cost. Gains resulting from the reissuance of "Common stock held in treasury" are credited to "Additional paid-in capital." Losses resulting from the reissuance of "Common stock held in treasury" are charged first to "Additional paid-in capital" to the extent the Company has previously recorded gains on treasury share transactions, then to "Retained earnings."
During 2013, RGA’s board of directors authorized and amended a share repurchase program, with no expiration date, for up to $400.0 million of RGA’s outstanding common stock. During 2013, RGA repurchased 4,151,312 shares of common stock under this program for $261.3 million. The common shares repurchased have been placed into treasury to be used for general corporate purposes.
During 2014, RGA’s board of directors authorized a share repurchase program, with no expiration date, to repurchase up to $300.0 million of RGA’s outstanding common stock. In connection with this authorization, the board of directors terminated the stock repurchase authority granted in 2013. During 2014, RGA repurchased 2,530,608 shares of common stock under this program for $197.7 million. The common shares repurchased have been placed into treasury to be used for general corporate purposes.
During 2015, RGA’s board of directors authorized and amended a share repurchase program, with no expiration date, to repurchase up to $450.0 million of the RGA’s outstanding common stock. In connection with this authorization, the board of directors terminated the stock repurchase authority granted in 2014. During 2015, RGA repurchased 4,145,440 shares of common stock under this program for $375.3 million.
On January 21, 2016, RGA's board of directors authorized a share repurchase program for up to $400.0 million of the RGA's outstanding common stock. The authorization was effective immediately and does not have an expiration date. In connection with this new authorization, the board of directors terminated the stock repurchase authority granted in 2015.













Accumulated other comprehensive income (loss)
The following table presents the components of the Company’s other comprehensive income (loss) for the years ended December 31, 2015, 2014 and 2013 (dollars in thousands):
For the year ended December 31, 2015:
 
 
Before-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
Foreign currency translation adjustments:
 
 
 
 
 
 
Change arising during year
 
$
(342,539
)
 
$
17,129

 
$
(325,410
)
Foreign currency swap
 
96,019

 
(33,607
)
 
62,412

Net foreign currency translation adjustments
 
(246,520
)
 
(16,478
)
 
(262,998
)
Unrealized losses on investments:(1)
 
 
 
 
 
 
Unrealized net holding losses arising during the year
 
(1,084,732
)
 
359,407

 
(725,325
)
Less: Reclassification adjustment for net losses realized in net income
 
(55,767
)
 
19,518

 
(36,249
)
Net unrealized losses
 
(1,028,965
)
 
339,889

 
(689,076
)
Unrealized pension and postretirement benefits:
 
 
 
 
 
 
Net prior service cost arising during the year
 
337

 
(107
)
 
230

Net loss arising during the period
 
4,618

 
(1,619
)
 
2,999

Unrealized pension and postretirement benefits, net
 
4,955

 
(1,726
)
 
3,229

Other comprehensive income
 
$
(1,270,530
)
 
$
321,685

 
$
(948,845
)
For the year ended December 31, 2014:
 
 
Before-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
Foreign currency translation adjustments:
 
 
 
 
 
 
Change arising during year
 
$
(154,132
)
 
$
(4,835
)
 
$
(158,967
)
Foreign currency swap
 
51,894

 
(18,163
)
 
33,731

Net foreign currency translation adjustments
 
(102,238
)
 
(22,998
)
 
(125,236
)
Unrealized gains on investments:(1)
 
 
 
 
 
 
Unrealized net holding gains arising during the year
 
1,177,017

 
(357,024
)
 
819,993

Less: Reclassification adjustment for net gains realized in net income
 
26,405

 
(9,242
)
 
17,163

Net unrealized gains
 
1,150,612

 
(347,782
)
 
802,830

Change in unrealized OTTI on fixed maturity securities
 
2,612

 
(914
)
 
1,698

Unrealized pension and postretirement benefits:
 
 
 
 
 
 
Net prior service cost arising during the year
 
485

 
(159
)
 
326

Net gain arising during the period
 
(43,025
)
 
14,929

 
(28,096
)
Unrealized pension and postretirement benefits, net
 
(42,540
)
 
14,770

 
(27,770
)
Other comprehensive income (loss)
 
$
1,008,446

 
$
(356,924
)
 
$
651,522

For the year ended December 31, 2013:
 
 
 
 
 
 
 
 
Before-Tax Amount
 
Tax (Expense) Benefit
 
After-Tax Amount
Foreign currency translation adjustments:
 
 
 
 
 
 
Change arising during year
 
$
(88,409
)
 
$
1,791

 
$
(86,618
)
Foreign currency swap
 
40,347

 
(14,121
)
 
26,226

Net foreign currency translation adjustments
 
(48,062
)
 
(12,330
)
 
(60,392
)
Unrealized losses on investments:(1)
 
 
 
 
 
 
Unrealized net holding losses arising during the year
 
(1,519,967
)
 
465,740

 
(1,054,227
)
Less: Reclassification adjustment for net gains realized in net income
 
9,355

 
(3,274
)
 
6,081

Net unrealized losses
 
(1,529,322
)
 
469,014

 
(1,060,308
)
Change in unrealized OTTI on fixed maturity securities
 
4,456

 
(1,560
)
 
2,896

Unrealized pension and postretirement benefits:
 
 
 
 
 
 
Net prior service cost arising during the year
 
525

 
(171
)
 
354

Net loss arising during the period
 
21,624

 
(7,469
)
 
14,155

Unrealized pension and postretirement benefits, net
 
22,149

 
(7,640
)
 
14,509

Other comprehensive income
 
$
(1,550,779
)
 
$
447,484

 
$
(1,103,295
)
(1)
Includes cash flow hedges. See Note 5 for additional information on cash flow hedges.
A summary of the components of net unrealized appreciation (depreciation) of balances carried at fair value is as follows (dollars in thousands):
For the years ended December 31,
 
2015
 
2014
 
2013
Change in net unrealized appreciation (depreciation) on:
 
 
 
 
 
 
Fixed maturity securities available-for-sale
 
$
(1,055,458
)
 
$
1,171,996

 
$
(1,528,773
)
Other investments(1)
 
8,983

 
(14,292
)
 
(12,274
)
Effect on unrealized appreciation on:
 
 
 
 
 
 
Deferred policy acquisition costs
 
17,510

 
(4,480
)
 
16,181

Net unrealized appreciation (depreciation)
 
$
(1,028,965
)
 
$
1,153,224

 
$
(1,524,866
)
(1)
Includes cash flow hedges. See Note 5 for additional information on cash flow hedges.
The balance of and changes in each component of AOCI were as follows (dollars in thousands):
 
 
 
Accumulated
Currency
Translation
Adjustments
 
Unrealized Appreciation (Depreciation) of Investments (1)
 
Pension and
Postretirement
Benefits
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance, December 31, 2012
 
$
267,475

 
$
1,877,657

 
$
(36,230
)
 
$
2,108,902

OCI before reclassifications
 
(48,062
)
 
(1,530,680
)
 
17,638

 
(1,561,104
)
Amounts reclassified from AOCI
 
—

 
5,814

 
4,511

 
10,325

Deferred income tax benefit (expense)
 
(12,330
)
 
467,454

 
(7,640
)
 
447,484

Balance, December 31, 2013
 
207,083

 
820,245


(21,721
)
 
1,005,607

OCI before reclassifications
 
(102,238
)
 
1,185,321

 
(45,688
)
 
1,037,395

Amounts reclassified from AOCI
 
—

 
(32,097
)
 
3,148

 
(28,949
)
Deferred income tax benefit (expense)
 
(22,998
)
 
(348,696
)
 
14,770

 
(356,924
)
Balance, December 31, 2014
 
81,847

 
1,624,773

 
(49,491
)
 
1,657,129

OCI before reclassifications
 
(246,520
)
 
(1,101,760
)
 
(1,248
)
 
(1,349,528
)
Amounts reclassified from AOCI
 
—

 
72,795

 
6,203

 
78,998

Deferred income tax benefit (expense)
 
(16,478
)
 
339,889

 
(1,726
)
 
321,685

Balance, December 31, 2015
 
$
(181,151
)
 
$
935,697

 
$
(46,262
)
 
$
708,284

(1)
Includes cash flow hedges. See Note 5 for additional information on cash flow hedges.













The following table presents the amounts of AOCI reclassifications for the years ended December 31, 2015 and 2014 (dollars in thousands):
 
 
Amount Reclassified from AOCI
 
 
Details about AOCI Components
 
2015
 
2014
 
Affected Line Item in 
Statement of Income
Net unrealized investment gains (losses):
 
 
 
 
 
 
Net unrealized gains and losses on available-for-sale securities
 
$
(55,767
)
 
$
26,405

 
Investment related gains (losses), net
Cash flow hedges - Interest rate swaps
 
569

 
1,212

 
(1)
Cash flow hedges - Forward bond purchase commitments
 
(87
)
 
—

 
(1)
Deferred policy acquisition costs attributed to unrealized gains and losses
 
(17,510
)
 
4,480

 
(2)
Total
 
(72,795
)
 
32,097

 
 
Provision for income taxes
 
28,109

 
(7,319
)
 
 
Net unrealized gains (losses), net of tax
 
$
(44,686
)
 
$
24,778

 
 
 
 
 
 
 
 
 
Amortization of defined benefit plan items:
 
 
 
 
 
 
Prior service cost
 
$
(309
)
 
$
(333
)
 
(3)
Actuarial gains/(losses)
 
(5,894
)
 
(2,815
)
 
(3)
Total
 
(6,203
)
 
(3,148
)
 
 
Provision for income taxes
 
2,171

 
1,082

 
 
Amortization of defined benefit plans, net of tax
 
$
(4,032
)
 
$
(2,066
)
 
 
 
 
 
 
 
 
 
Total reclassifications for the period
 
$
(48,718
)
 
$
22,712

 
 
(1)
See Note 5 for information on cash flow hedges.
(2)
See Note 8 for information on deferred policy acquisition costs.
(3)
See Note 10 for information on employee benefit plans.