PEMBROKE, BERMUDA, May 1, 2019 – Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, today announced the appointment of Timothy Gasaatura as Chief Actuary of Langhorne Re Bermuda. Langhorne Re was launched in January 2018 by Reinsurance Group of America, Incorporated (RGA) and RenaissanceRe Holdings Ltd. (RenaissanceRe).
Timothy was previously the Chief Risk Officer of AIG Bermuda/Fortitude Re where he was responsible for the management of risk on an enterprise-wide basis; including the integration of risk concepts into strategic planning, and risk identification and mitigation activities. Prior to joining AIG Bermuda/Fortitude Re, he served as Senior Actuary and Risk Officer at Transamerica in Bermuda. Before Transamerica, Timothy worked as a Senior Consultant with Deloitte in Hartford, Connecticut, where he provided advice regarding product development, valuation, risk and capital management.
Timothy is a Fellow of the Society of Actuaries and a Member of American Academy of Actuaries. He holds a Master of Actuarial Science from Georgia State University’s J. Mack Robinson College of Business and a Bachelor of Science in Mathematics and Computer Science from Makerere University in Uganda.
Langhorne Re was recently recognized as “Reinsurer of the Year” at the 2019 Risk Awards in London, and was named “Launch of the Year” at the 2018 Reactions North America Awards in recognition of the company’s successful launch and innovative strategy. For more information about Langhorne Re, visit langhornere.com.
Langhorne Holdings LLC, through its operating subsidiaries, is a global reinsurer targeting large in-force life and annuity blocks. The vehicle is funded with capital commitments from RGA and RenaissanceRe and other third-party pension fund and life insurance companies.
Reinsurance Group of America, Incorporated, a Fortune 500 company, is among the leading global providers of life reinsurance and financial solutions, with approximately $3.4 trillion of life reinsurance in force and assets of $66.7 billion as of March 31, 2019. Founded in 1973, RGA is recognized for its deep technical expertise in risk and capital management, innovative solutions, and commitment to serving its clients. With headquarters in St. Louis, Missouri and operations around the world, RGA delivers expert solutions in individual life reinsurance, individual living benefits reinsurance, group reinsurance, health reinsurance, facultative underwriting, product development, and financial solutions. To learn more about RGA and its businesses, visit the company’s website at www.rgare.com.
RenaissanceRe is a global provider of reinsurance and insurance that specializes in matching well-structured risks with efficient sources of capital. The Company provides property, casualty and specialty reinsurance and certain insurance solutions to customers, principally through intermediaries. Established in 1993, the Company has offices in Bermuda, Ireland, Singapore, Switzerland, the United Kingdom, and the United States.
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