Summary of Investments Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2020

SEC Schedule, 12-15, Insurance Companies, Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments Other Than Investments in Related Parties

REINSURANCE GROUP OF AMERICA, INCORPORATED

SCHEDULE I-SUMMARY OF INVESTMENTS-OTHER THAN

INVESTMENTS IN RELATED PARTIES

December 31, 2020

(in millions)

Type of Investment	Amortized Cost		Estimated Fair Value		Amount at Which Shown in the Balance Sheets(1)
Fixed maturity securities:
United States government and government agencies and authorities	$	1,242	$	1,437	$	1,437
State and political subdivisions	1,237		1,390		1,390
Foreign governments(2)	8,482		10,923		10,923
Public utilities	3,904		4,537		4,537
Mortgage-backed and asset-backed securities	6,624		6,777		6,777
All other corporate bonds	28,059		31,671		31,671
Total fixed maturity securities	$	49,548	$	56,735	$	56,735
Equity securities	$	155	$	132	$	132
Mortgage loans on real estate	5,787				5,787
Policy loans	1,258				1,258
Funds withheld at interest	5,432				5,432
Short-term investments	227				227
Other invested assets	2,829				2,829
Total investments	$	65,236			$	72,400

(1)Fixed maturity securities are classified as available-for-sale and carried at fair value.

(2)Includes fixed maturities directly issued by foreign governments, supranational and foreign government-sponsored enterprises.