annuity reinsurance

Reinsurance Group of America (RGA) is waiting patiently to execute its first transaction using the joint-venture, third-party capital backed life and annuity reinsurance firm Langhorne Re and has got close, but a first deal still eludes the company.

Langhorne Re, the joint-venture, third-party capital backed life and annuity reinsurance firm launched by RenaissanceRe (RenRe) and Reinsurance Group of America (RGA), has announced the hiring and appointment of a new Chief Actuary.

Marvin Pestcoe has been named Executive Chair and CEO Bermuda for Langhorne Re, the joint-venture, third-party capital backed life and annuity reinsurance firm launched by RenaissanceRe (RenRe) and Reinsurance Group of America (RGA). Pestcoe joins Langhorne Re from his most recent position as Chief Risk and Actuarial Officer at reinsurance firm PartnerRe. He has over […]

It’s going to take time for Langhorne Re to achieve scale, as it seeks out opportunities to put its third-party capital backed reinsurance capacity to work in larger life and annuities transactions that are too big even for Reinsurance Group of America (RGA).

Langhorne Re, the joint-venture, third-party capital backed life and annuity reinsurance firm launched by Renaissance Re (RenRe) and Reinsurance Group of America (RGA), has appointed Steve Zonca to lead its U.S. subsidiary businesses.

Langhorne Re, the joint-venture, third-party capital backed life and annuity reinsurance firm launched by specialist reinsurer and capital manager Renaissance Re (RenRe) and life focused reinsurer Reinsurance Group of America (RGA), has appointed its first senior executives.

The formation of Langhorne Re as a joint-venture, third-party capital backed life and annuity reinsurance firm will help to increase the capacity and reach of Reinsurance Group of America (RGA), enabling it to access larger in-force transactions on its own, rather than alongside other reinsurers, CEO Anna Manning has said.

Specialist reinsurer and third-party capital manager Renaissance Re (RenRe) and life focused reinsurer Reinsurance Group of America (RGA) have teamed up to launch a third-party capital backed life and annuity reinsurance start-up named Langhorne Re.

Athene Holding Ltd., the life and retirement reinsurance focused company that is majority owned and works alongside private equity specialists Apollo Global Management, LLC, has entered into a $19 billion reinsurance agreement covering $19 billion of fixed and fixed indexed annuity liabilities for Voya Financial.

Insurance-linked securities (ILS) has potential in helping counterparties to achieve longevity risk transfer and in financing or backing large transactions for bulk annuity insurers, according to consultants Hymans Robertson.