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1、The security of experience.The powerof innovation.2006 Annual ReportReinsurance Group of America,IncorporatedReinsurance Group of America,Incorporated2006 Annual ReportHighlightsLetter to ShareholdersOperationsExecutive LeadershipSelected Consolidated Financial and Operating DataManagements Discussi
2、on and Analysis of Financial Condition and Results of OperationsConsolidated Financial StatementsNotes to Consolidated Financial Statements29122226286065Report of Independent Registered Public Accounting FirmQuarterly DataComparison of Five-Year Cumulative Total ReturnShareholder InformationWorldwid
3、e OperationsGlossary of Terms101104105106107110RGA0 06 ANNUAL REPORTAnother Record YearRGA posted excellent results in 2006,as the company approached a milestone of$2.0 trillion of life reinsurance in force.Outstanding contributions from international operations and continued growth in the more esta
4、blished U.S.and Canadian operations led RGA to achieve income of$293.3 million an impressive 24%increase over 2005.Asia Pacific MomentumNMG Financial Services Consulting surveyed key decision-makers and influencers of approximately 150 insur-ance companies in 15 Asia Pacific coun-tries in 2005.The r
5、esults of their study,published in 2006,indicated that RGA is the leading life reinsurer in the Asia Pacific region in terms of assumed new business.These results are even more remark-able,given that it is only a little over a decade since RGA established its first representative office in the regio
6、n.Asia Pacific ceding companies considered RGA to be superior to other reinsurers in several areas,including proactive relationship management,fair terms of trade,competitive pricing,creativity and problem-solving ability.European Expansion Expansion in Europe continued in 2006 with the signing of f