Reinsurance Group of America Management
Management criteria checks 2/4
We currently do not have sufficient information about the CEO.
Key information
Tony Cheng
Chief executive officer
US$6.5m
Total compensation
| CEO salary percentage | 11.5% |
| CEO tenure | 2yrs |
| CEO ownership | 0.04% |
| Management average tenure | 3.5yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$727m |
| Jun 30 2024 | n/a | n/a | US$858m |
| Mar 31 2024 | n/a | n/a | US$860m |
| Dec 31 2023 | US$7m | US$749k | US$902m |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$672m |
| Mar 31 2023 | n/a | n/a | US$572m |
| Dec 31 2022 | US$3m | US$639k | US$517m |
| Sep 30 2022 | n/a | n/a | US$382m |
| Jun 30 2022 | n/a | n/a | US$436m |
| Mar 31 2022 | n/a | n/a | US$675m |
| Dec 31 2021 | US$2m | US$612k | US$1b |
| Sep 30 2021 | n/a | n/a | US$593m |
| Jun 30 2021 | n/a | n/a | US$828m |
| Mar 31 2021 | n/a | n/a | US$642m |
| Dec 31 2020 | US$2m | US$610k | US$415m |
| Sep 30 2020 | n/a | n/a | US$518m |
| Jun 30 2020 | n/a | n/a | US$568m |
| Mar 31 2020 | n/a | n/a | US$612m |
| Dec 31 2019 | US$3m | US$580k | US$870m |
Compensation vs Market: Tony's total compensation ($USD6.51M) is above average for companies of similar size in the German market ($USD4.86M).
Compensation vs Earnings: Tony's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Tony Cheng (50 yo)
2yrs
Tenure
US$6,512,894
Compensation
Mr. Tony Cheng, FSA, FCIA, FIAA, is Chief Executive Officer of Reinsurance Group of America, Incorporated of RGA Reinsurance Company since January 01, 2024 and is its President of Reinsurance Group of Amer...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$6.51m | 0.035% € 5.0m | |
| Executive VP & Chief Investment Officer | 5yrs | US$4.24m | 0.012% € 1.7m | |
| Executive VP & Head of the Americas - RGA Reinsurance Company | 4yrs | US$3.10m | 0.0076% € 1.1m | |
| Executive VP & CFO | less than a year | no data | 0.00070% € 99.1k | |
| Executive VP & Chief Information Officer | 2yrs | no data | 0.00031% € 43.9k | |
| Senior Vice President of Investor Relations | 11yrs | no data | no data | |
| Executive VP | 14yrs | no data | 0.020% € 2.8m | |
| Vice President of Corporate Communications | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | 3yrs | no data | 0.0056% € 791.2k | |
| Executive VP & Global Chief Risk Officer | no data | no data | 0.012% € 1.6m | |
| VP, Chief Underwriter - U.S. Mortality Markets | no data | no data | no data | |
| Chief Executive Officer - RGA Latin America | no data | no data | no data |
3.5yrs
Average Tenure
53.5yo
Average Age
Experienced Management: RGPB's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 2yrs | US$6.51m | 0.035% € 5.0m | |
| Independent Director | 2.5yrs | US$303.95k | 0.0016% € 230.7k | |
| Independent Director | 8.3yrs | US$308.95k | 0.015% € 2.1m | |
| Independent Director | 3yrs | US$279.95k | 0.0036% € 505.3k | |
| Independent Director | 6.5yrs | US$303.95k | 0.014% € 2.0m | |
| Independent Director | 5.9yrs | US$292.45k | no data | |
| Independent Director | 3.9yrs | US$303.95k | 0.0052% € 741.6k | |
| Independent Director | 1.3yrs | US$67.50k | no data | |
| Independent Director | 5.3yrs | US$269.95k | 0.0016% € 230.7k | |
| Independent Director | less than a year | no data | 0.00089% € 126.0k | |
| Independent Director | 6.5yrs | US$303.95k | no data | |
| Independent Chairman | 4.3yrs | US$511.53k | no data |
4.1yrs
Average Tenure
62yo
Average Age
Experienced Board: RGPB's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/23 23:38 |
| End of Day Share Price | 2025/01/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Reinsurance Group of America, Incorporated is covered by 24 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eric Berg | Barclays |
| Jay Gelb | Barclays |
| Alex Scott | Barclays |