Reinsurance Group of America (RGA) 10-Q 2015 Q3 Quarterly report

Exhibit 99.1

Below are traditional and non-traditional segment results for Canada, EMEA and Asia Pacific operations for 2014 and 2013 (in thousands):

Canada Traditional Segment
(unaudited)			FISCAL 2014											FISCAL 2013
			Q1			Q2			Q3			Q4		Q1		Q2		Q3			Q4
Revenues:
	Net premiums		$	225,304		$	248,031		$	239,645		$	240,409	$	238,017	$	233,476	$	230,062		$	237,458
	Investment income, net of related expenses		46,879			49,425			49,647			47,659		49,854		50,918		49,444			51,770
	Investment related gains (losses), net		(1,700		)	4,165			(375		)	2,355		3,039		3,722		6,494			3,747
	Other revenue		961			(220		)	761			569		208		302		(196		)	531
		Total revenues	271,444			301,401			289,678			290,992		291,118		288,418		285,804			293,506
Benefits and expenses:
	Claims and other policy benefits		189,571			199,084			195,162			200,620		185,155		190,025		179,674			182,128
	Interest credited		—			9			10			14		12		6		19			9
	Policy acquisition costs and other insurance expenses		52,953			60,687			60,260			60,699		60,637		51,942		55,362			52,897
	Other operating expenses		9,487			9,612			10,086			9,826		9,940		10,620		9,758			8,991
		Total benefits and expenses	252,011			269,392			265,518			271,159		255,744		252,593		244,813			244,025
		Income before income taxes	$	19,433		$	32,009		$	24,160		$	19,833	$	35,374	$	35,825	$	40,991		$	49,481

Canada Non-Traditional Segment
(unaudited)			FISCAL 2014								FISCAL 2013
			Q1		Q2		Q3		Q4		Q1		Q2			Q3			Q4
Revenues:
	Net premiums		$	5,540	$	5,546	$	5,491	$	4,615	$	5,254	$	6,157		$	6,005		$	5,882
	Investment income, net of related expenses		724		655		600		616		701		724			717			723
	Investment related gains (losses), net		41		28		3		8		16		26			(22		)	(12		)
	Other revenue		—		1,483		1,568		1,432		—		—			—			—
		Total revenues	6,305		7,712		7,662		6,671		5,971		6,907			6,700			6,593
Benefits and expenses:
	Claims and other policy benefits		5,185		4,209		6,271		4,451		4,543		6,559			5,337			5,098
	Policy acquisition costs and other insurance expenses		151		150		149		131		195		192			191			222
	Other operating expenses		338		342		358		350		299		322			294			272
		Total benefits and expenses	5,674		4,701		6,778		4,932		5,037		7,073			5,822			5,592
		Income before income taxes	$	631	$	3,011	$	884	$	1,739	$	934	$	(166	)	$	878		$	1,001

Europe, Middle East and Africa Traditional Segment
(unaudited)			FISCAL 2014											FISCAL 2013
			Q1			Q2			Q3		Q4			Q1		Q2		Q3			Q4
Revenues:
	Net premiums		$	291,798		$	286,403		$	291,015	$	288,191		$	261,208	$	260,225	$	269,373		$	278,569
	Investment income, net of related expenses		11,824			12,113			13,050		15,099			10,783		12,921		12,377			13,131
	Investment related gains (losses), net		3,724			8,920			3,540		7,008			1,743		428		1,274			5,404
	Other revenue		404			(336		)	2,878		(582		)	460		2,515		(691		)	(63		)
		Total revenues	307,750			307,100			310,483		309,716			274,194		276,089		282,333			297,041
Benefits and expenses:
	Claims and other policy benefits		269,251			236,540			244,010		247,959			237,920		238,694		228,090			245,606
	Interest credited		2,786			5,750			2,959		4,076			—		—		—			6,114
	Policy acquisition costs and other insurance expenses		13,735			11,994			17,205		14,038			11,708		9,493		13,435			18,407
	Other operating expenses		22,970			26,029			25,028		30,414			20,442		22,114		21,888			24,337
		Total benefits and expenses	308,742			280,313			289,202		296,487			270,070		270,301		263,413			294,464
		Income before income taxes	$	(992	)	$	26,787		$	21,281	$	13,229		$	4,124	$	5,788	$	18,920		$	2,577

Europe, Middle East and Africa Non-Traditional Segment
(unaudited)			FISCAL 2014												FISCAL 2013
			Q1			Q2			Q3			Q4			Q1			Q2			Q3			Q4
Revenues:
	Net premiums		$	48,945		$	54,481		$	55,442		$	57,694		$	31,601		$	31,955		$	33,886		$	53,926
	Investment income, net of related expenses		1,545			8,558			16,141			28,799			646			702			483			991
	Investment related gains (losses), net		98			12,904			206			2,314			29			12			49			37
	Other revenue		7,519			8,275			10,640			9,237			1,117			1,411			13,100			5,410
		Total revenues	58,107			84,218			82,429			98,044			33,393			34,080			47,518			60,364
Benefits and expenses:
	Claims and other policy benefits		38,090			46,006			53,982			66,032			22,338			23,749			22,875			47,575
	Policy acquisition costs and other insurance expenses		(470		)	(502		)	(738		)	(646		)	(101		)	(97		)	(87		)	(524		)
	Other operating expenses		4,290			4,179			5,290			5,948			4,317			4,267			3,986			3,913
		Total benefits and expenses	41,910			49,683			58,534			71,334			26,554			27,919			26,774			50,964
		Income before income taxes	$	16,197		$	34,535		$	23,895		$	26,710		$	6,839		$	6,161		$	20,744		$	9,400

Asia Pacific Traditional Segment
(unaudited)			FISCAL 2014									FISCAL 2013
			Q1		Q2		Q3			Q4		Q1			Q2			Q3		Q4
Revenues:
	Net premiums		$	366,099	$	390,494	$	393,665		$	390,652	$	362,606		$	348,539		$	351,120	$	372,567
	Investment income, net of related expenses		20,303		21,502		21,899			20,785		18,058			17,798			18,889		22,662
	Investment related gains (losses), net		121		1,949		(323		)	1,192		560			470			1,666		304
	Other revenue		366		51,593		2,776			3,363		(1,048		)	4,702			1,955		3,695
		Total revenues	386,889		465,538		418,017			415,992		380,176			371,509			373,630		399,228
Benefits and expenses:
	Claims and other policy benefits		286,676		299,747		309,648			312,540		279,758			569,425			285,104		295,853
	Policy acquisition costs and other insurance expenses		53,579		107,293		51,249			46,691		60,514			60,024			46,696		52,750
	Other operating expenses		27,767		30,285		32,818			37,541		27,855			29,066			27,093		29,421
		Total benefits and expenses	368,022		437,325		393,715			396,772		368,127			658,515			358,893		378,024
		Income before income taxes	$	18,867	$	28,213	$	24,302		$	19,220	$	12,049		$	(287,006	)	$	14,737	$	21,204

Asia Pacific Non-Traditional Segment
(unaudited)			FISCAL 2014										FISCAL 2013
			Q1		Q2		Q3			Q4			Q1			Q2			Q3		Q4
Revenues:
	Net premiums		$	15,651	$	3,193	$	5,757		$	9,429		$	21,718		$	6,672		$	6,747	$	15,236
	Investment income, net of related expenses		4,339		4,823		4,546			4,264			4,572			4,153			4,000		4,198
	Investment related gains (losses), net		2,393		4,336		(6,062		)	(5,138		)	(4,999		)	(4,607		)	3,431		(2,299		)
	Other revenue		5,757		5,281		6,174			5,539			8,384			6,251			5,849		6,777
		Total revenues	28,140		17,633		10,415			14,094			29,675			12,469			20,027		23,912
Benefits and expenses:
	Claims and other policy benefits		16,920		6,573		9,859			8,103			18,643			9,383			12,104		17,279
	Interest credited		246		234		221			195			311			274			270		263
	Policy acquisition costs and other insurance expenses		710		616		603			367			1,572			147			588		517
	Other operating expenses		2,820		3,495		3,621			4,006			2,956			3,004			3,023		3,398
		Total benefits and expenses	20,696		10,918		14,304			12,671			23,482			12,808			15,985		21,457
		Income before income taxes	$	7,444	$	6,715	$	(3,889	)	$	1,423		$	6,193		$	(339	)	$	4,042	$	2,455