Reinsurance Group of America Inc. (RGA) 2004年年度报告「NYSE」.pdf

1、World Headquarters1370 Timberlake Manor Parkway Chesterfield,MO 63017-6039 USAMany factors must come together to achieve success in the life reinsurance business.ON THE PATH OF SUCCESSIntegrity.Responsiveness.Reliability.Expertise.Understanding.Agility.Accountability.Insight.Dedication.Innovation.Wi

2、sdom.Diligence.Prudence.Drive.Determination.Initiative.Efficiency.Intelligence.Imagination.Strength.Teamwork.Creativity.Foresight.Perseverance.Respect.Effectiveness.Vision.Ingenuity.Focus.Leadership.These qualities enable us to earn the confidence of our customers,who see RGA as the partner to have

3、at their side.We walk the path of success together.2004Annual ReportREINSURANCE GROUP OF AMERICA,INCORPORATED2004 Annual Report On the Path of SuccessF I N A N C I A L H I G H L I G H T SC O N T E N T S2Letter to the Shareholders10Operational Review:North America and International16Leadership:Execut

4、ive Committee Members and Board of Directors17Selected Consolidated Financial and Operating Data19Managements Discussion and Analysis51Consolidated Financial Statements56Notes to Consolidated Financial Statements87Report of Independent Registered PublicAccounting Firm88Managements Annual Report on I

5、nternal ControlOver Financial Reporting89Report of Independent Registered PublicAccounting Firm90Quarterly Data92Shareholder Information93Worldwide Operations95Glossary of TermsFOR THE YEARS ENDED DECEMBER 31,Net premiums(in millions)(1)Income from continuing operationsDiluted earnings per share(1)O

6、perating data(in billions)Assumed ordinary life insurance in forceAssumed new business production(1)Reflects results from continuing operations20042003200220012000$3,347.4$2,643.21,980.71,661.81,404.1$245.3$178.3128.539.9105.8$3.90$3.462.590.802.12$1,458.9$1,252.2758.9616.0 545.9$279.1$544.4230.0171