Tony Cheng compensation by year
REINSURANCE GROUP OF AMERICA Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $580,299 | $609,766 | $612,414 | $638,538 | $749,129 | $946,154 | $999,423 |
| Bonus | $800,000 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $352,086 | $367,456 | $596,284 | $385,319 | $1,546,918 | $4,631,259 | $5,624,985 |
| Option awards | $103,222 | $123,043 | $596,310 | $385,254 | $515,613 | $1,543,756 | $1,875,016 |
| Non-equity incentive | $477,421 | $384,126 | $366,196 | $1,053,366 | $1,934,269 | $3,158,750 | $2,500,000 |
| Pension and deferred compensation | $634 | $661 | $686 | $714 | $3,204 | $157,942 | $352,131 |
| All other | $288,940 | $300,284 | $302,763 | $306,421 | $1,763,761 | $1,017,388 | $1,711,674 |
| Total | $2,602,602 | $1,785,336 | $2,474,653 | $2,769,612 | $6,512,894 | $11,455,249 | $13,063,229 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: REINSURANCE GROUP OF AMERICA INC DEF 14A filed April 9, 2026, accession 0000898174-26-000017, and prior-year filings. Open the filing on EDGAR.
How this page was built: the REINSURANCE GROUP OF AMERICA INC filed document, accession 0000898174-26-000017. Every figure is read from that document and cited to the page and table it appears in. Filed April 9, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 29,145 | $5,929,842 | — |
| PSU | 24,996 | $5,085,686 | — |
| Option | 3,384 | — | $150.87 |
| Option | 8,127 | — | $117.85 |
| Option | 6,306 | — | $106.53 |
| Option | 2,731 | — | $138.34 |
| Option | 4,152 | — | $93.53 |
| Option | 3,491 | — | $129.01 |
| Option | 7,573 | — | $185.28 |
| Option | 17,688 | — | $193.00 |
| Option | 3,882 | — | $145.25 |
| Option | 3,280 | — | $129.72 |
Per the Outstanding Equity Awards at Fiscal Year-End table in REINSURANCE GROUP OF AMERICA INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
1 Form 4 line since the FY2025 proxy (filed April 9, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-03-19 | Grant or award derivative | — | 32,767 | $0.00 | 32,767 |
The 1 most recent of 1 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
Change-in-control & termination
estimated payments REINSURANCE GROUP OF AMERICA discloses, by trigger · FY2025| Trigger | Cash severance | Accelerated equity | Benefits continuation | Total as disclosed |
|---|---|---|---|---|
| Change in control, no termination | — | $13,791,154 | — | $13,791,154 |
| Disability | — | $8,139,884 | — | $8,139,884 |
| Death | — | $8,139,884 | — | $8,139,884 |
Per the Potential Payments Upon Termination or Change in Control table in REINSURANCE GROUP OF AMERICA INC's FY2025 proxy. Estimates as the company printed them; a dash means it printed no figure.
REINSURANCE GROUP OF AMERICA’s named executive officers, FY2025
as the company reported each| 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 |
Board service
REINSURANCE GROUP OF AMERICA board · FY2022–FY2025How this board is paid
Company policy: REINSURANCE GROUP OF AMERICA pays directors a $125,000 cash retainer and $165,000 in Common Stock. As stated in REINSURANCE GROUP OF AMERICA's FY2025 proxy.
The full REINSURANCE GROUP OF AMERICA compensation record
free company briefThis page is one person within REINSURANCE GROUP OF AMERICA's record. The company brief lists every named executive, each linking to their own page.
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How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are REINSURANCE GROUP OF AMERICA's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
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