United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. _)*

Name of Issuer - Reinsurance Group of America, Inc.

Title or Class of Securities - Class A Common Stock

CUSIP Number - 759351208

Check the following box if a fee is being paid with this
statement [  ].


Cusip No. 759351208

Page 2 of 6 Pages

1.   Name of  Reporting  Person  (S.S.  or  I.R.S.  Identification  No. of above
     person)

     American Century Investment Management, Inc. - 44-0640487


2.   Check the appropriate box if a member of a group* - N/A

3.   SEC Use Only

4.   Citizenship or place of organization

     Delaware


5.   Sole voting power

     349,800

6.   Shared voting power

     0

7.   Sole dispositive power

     349,800

8.   Shared dispositive power

     0

9.   Aggregate amount beneficially owned by each reporting person

     349,800

10.  Check box if the aggregate amount in Row (9) excludes certain shares 

     N/A


11.  Percent of class represented by amount in Row 9

     7.1%

12.  Type of reporting person*

     IA


Cusip No. 759351208

Page 3 of 6 Pages

1.   Name of  Reporting  Person  (S.S.  or  I.R.S.  Identification  No. of above
     person)

     American Century Mutual Funds, Inc. - 44-6006315


2.   Check the appropriate box if a member of a group* - N/A

3.   SEC Use Only

4.   Citizenship or place of organization

     Maryland


5.   Sole voting power

     257,500

6.   Shared voting power

     0

7.   Sole dispositive power

     257,500

8.   Shared dispositive power

     0

9.   Aggregate amount beneficially owned by each reporting person

     257,500

10.  Check box if the aggregate amount in Row (9) excludes certain shares 

     N/A


11.  Percent of class represented by amount in Row 9

     5.2%

12.  Type of reporting person*

     IV


SCHEDULE 13G


Item 1(a).   NAME OF ISSUER

     Reinsurance Group of America, Inc.


Item 1(b).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES

     660 Mason Ridge Center Drive
     St. Louis, MO 63141


Item 2(a).   NAME OF PERSONS FILING

     American Century Investment  Management,  Inc., on its behalf and on behalf
     of:

     American Century Mutual Funds, Inc.


Item 2(b).   ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE

     4500 Main Street 
     P.O. Box 418210 
     Kansas City, MO 64141-9210  
     Attn:  David H. Reinmiller


Item 2(c).   CITIZENSHIP

     Delaware


Item 2(d).   TITLE OF CLASS OF SECURITIES

     Class A Common Stock


Item 2(e).     CUSIP NO.

     759351208


Item 3.   IF THIS  STATEMENT  IS FILED  PURSUANT TO RULES  13d-1(b) OR 13d-2(b),
          CHECK WHETHER THE PERSON FILING IS A

     (g)  [ X ]   Registered Investment Adviser, in accordance with
               Rule 13d-1(b)(ii)(E) (Note:  See Item 7).


Item 4.   OWNERSHIP

     (a)  Aggregate amount beneficially owned:

          349,800

     (b)  Percent of class:

          7.1%

     (c)  Number of shares as to which such person has:

          (i)  sole power to vote or to direct the vote:

               349,800

          (ii) shared power to vote or to direct the vote:

               0

          (iii)sole power to dispose or to direct the disposition of:

               349,800

          (iv) shared power to dispose or to direct the disposition of:

               0

Item 5.   OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

     If this  statement  is being  filed to report  the fact that as of the date
hereof the reporting  person has ceased to be the beneficial  owner of more than
five percent of the class of securities, check the following [ ].


Item 6.   OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

     American  Century  Investment  Management,   Inc.  ("ACIM"),  a  registered
investment adviser, manages, pursuant to management agreements,  the investments
of thirteen  registered  investment  companies,  American  Century Mutual Funds,
Inc.,  American  Century  World Mutual Funds,  Inc.,  American  Century  Capital
Portfolios,  Inc., American Century Variable Portfolios,  Inc., American Century
Premium  Reserves,  Inc.,  American Century Strategic Asset  Allocations,  Inc.,
American Century Municipal Trust,  American Century  Quantitative  Equity Funds,
Inc.,  American  Century   International  Bond  Funds,  Inc.,  American  Century
Investment Trust,  American Century  Government  Income Trust,  American Century
Target Maturities Trust, and American Century California  Tax-Free and Municipal
Funds, Inc., and manages,  pursuant to sub-advisory agreements,  the investments
of two  registered  investment  companies,  American  Skandia Trust and American
Skandia  Advisor  Funds,  Inc.  ACIM also  manages  the assets of  institutional
investor accounts.  The securities that are the subject of this report are owned
by and held for such investment  companies and separate  institutional  investor
accounts.  Any dividends  received from such securities,  or the proceeds of any
sale of such  securities,  are  for the  benefit  of,  and  are  held  for  such
investment companies and separate institutional investor accounts.

     American  Century  Mutual  Funds,  Inc.  owned more than 5% of the class of
securities which are the subject of this report.


Item 7.   IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
          SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY

     N/A


Item 8.   IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

     N/A


Item 9.   NOTICE OF DISSOLUTION OF GROUP

     N/A


Item 10.  CERTIFICATION

     By signing  below I certify  that,  to the best of my knowledge and belief,
the  securities  referred  to above  were  acquired  in the  ordinary  course of
business  and were not acquired for the purpose of and do not have the effect of
changing or  influencing  the control of the issuer of such  securities and were
not acquired in connection  with or as a participant in any  transaction  having
such purpose or effect.


SIGNATURE

     After  reasonable  inquiry and to the best of my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.



February 10, 1999              AMERICAN CENTURY INVESTMENT MANAGEMENT, INC.
     Date

                               By: /s/David C. Tucker

                                   David C. Tucker
                                   Senior Vice President
                                   and General Counsel

EXHIBIT A

Rule 13d-1(f)(1)(iii) Agreement


     Each of the  undersigned  hereby  agrees and consents to the  execution and
joint filing on its behalf by American Century  Investment  Management,  Inc. of
this Schedule 13G respecting the  beneficial  ownership of the securities  which
are the subject of this schedule at December 31, 1998.

     Dated this 10th day of February, 1999.

                                American Century Investment Management, Inc.


                                By: /s/David C. Tucker

                                    David C. Tucker   
                                    Senior Vice President
                                    and General Counsel



                                American Century Mutual Funds, Inc.


                                By: /s/David C. Tucker

                                    David C. Tucker
                                    Vice President