Tony Cheng is President & CEO of Reinsurance Group of America Inc (RGA). The company reported total compensation of $13,063,229 for fiscal year 2025.
| Salary | $999,423 |
|---|---|
| Bonus | $0 |
| Stock awards | $5,624,985 |
| Option awards | $1,875,016 |
| Non-equity incentive plan | $2,500,000 |
| Pension and non-qualified deferred compensation | $352,131 |
| All other compensation | $1,711,674 |
| Total | $13,063,229 |
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.
Cited to the compensation disclosure Reinsurance Group of America Inc filed April 9, 2026, accession 0000898174-26-000017.
| Fiscal year | Role | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | President & CEO | $999,423 | $0 | $5,624,985 | $1,875,016 | $2,500,000 | $352,131 | $1,711,674 | $13,063,229 |
| FY2024 | President & CEO | $946,154 | $0 | $4,631,259 | $1,543,756 | $3,158,750 | $157,942 | $1,017,388 | $11,455,249 |
| FY2023 | Executive Vice President, Head of EMEA, Asia and Australia until January 4, 2023, and President thereafter | $749,129 | $0 | $1,546,918 | $515,613 | $1,934,269 | $3,204 | $1,763,761 | $6,512,894 |
Totals as disclosed in each year's own compensation disclosure for Reinsurance Group of America Inc.
| Peer-group chief executive median | $17,071,672 |
|---|---|
| Difference from that median | $-4,008,442 |
| Percentile within the disclosed peer group | 25th |
| Peers with a disclosed figure | 12 |
Medians and percentiles are computed across the peer group Reinsurance Group of America Inc discloses in its own compensation disclosure.
| Named executive officer | Role | FY2025 total |
|---|---|---|
| Tony Cheng this page | President & CEO | $13,063,229 |
| My Chi To | EVP, Chief Legal Officer & Corporate Secretary | $5,799,368 |
| Axel André | EVP & CFO | $5,335,902 |
| Ronald Herrmann | EVP, Head of RGA Americas | $5,021,545 |
| Leslie Barbi | EVP & Chief Investment Officer | $4,322,047 |
The company's named executive officers for fiscal year 2025, and what it reported for each. See the full Reinsurance Group of America Inc compensation brief.
Tony Cheng's compensation sits inside Reinsurance Group of America Inc's full executive and board picture — the peer group, pay against peers, incentive design and the board itself.
The Reinsurance Group of America Inc (RGA) compensation brief