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Cowdery’s Resolution Life promotes Hales to CEO of reinsurance unit

Resolution Life, the life insurance focused arm of insurance entrepreneur Clive Cowdery’s Resolution Group, has announced the promotion and appointment of Steve Hales as CEO of its Bermuda reinsurance unit Resolution Re.Resolution has an interesting strategy that sees it taking on large books of life insurance business, using fund type read the full article →

RGA patiently waiting for first Langhorne Re deal: Manning

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.Reinsurance Group of America (RGA) started Langhorne Re alongside its partner in the read the full article →

Highly bespoke, private deals the future of life ILS: Luca Tres, Securis

The ongoing transformation of the life insurance-linked securities (ILS) sector is driving a shift towards more private, highly customised deal structures designed to provide investors with a truly decorrelated, attractive investment, says Luca Tres, Head of Life at Securis Investment Partners LLP.“It is one of the not that many cases read the full article →

Langhorne Re hires Chief Actuary Gasaatura from AIG’s Fortitude Re

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.The high-profile appointment is of Timothy Gasaatura, who becomes the Chief Actuary of Langhorne Re Bermuda.Gasaatura has been read the full article →

Langhorne Re names Marvin Pestcoe as CEO Bermuda & Exec Chair

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 read the full article →

Langhorne Re a better fit for the largest transactions: RGA CEO

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 was launched at the start of read the full article →

Langhorne Re appoints Steve Zonca as CEO of U.S. subsidiaries

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 was launched at the start of this year as the first foray into life and annuity read the full article →

Langhorne Re names first CEO and COO

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.Langhorne Re was launched at the start of this year and sees RenRe shifting read the full article →

Langhorne Re increases RGA Re’s capacity and reach: CEO Manning

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.Importantly, read the full article →

Langhorne Re launched as life & annuity reinsurer by RenRe & RGA

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.Langhorne Re will launch with $780 million of capital commitments raised as equity, from third-party investors read the full article →