PEMBROKE, BERMUDA, January 24, 2019 – Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, today announced the appointment of Marvin Pestcoe as Executive Chair and Chief Executive Officer of Langhorne Re Bermuda. Langhorne Re was launched in January 2018 by Reinsurance Group of America, Incorporated (RGA) and RenaissanceRe Holdings Ltd. (RenaissanceRe).
In his more than 30 years of experience in the insurance industry, Marvin has had a broad range of executive roles including leadership positions in profit center management, investments, corporate strategy, data analysis, and risk management. In his new role, he will be responsible for leading Langhorne Re’s strategy and operations.
Most recently, Marvin was Chief Risk and Actuarial Officer at Partner Reinsurance Group (PartnerRe) and served on the company’s executive committee. Prior to that role, Marvin held a number of senior management positions at PartnerRe, including CEO Life & Health, Chief Investment Officer, and Head of Strategic Ventures, and he represented the company as a director on multiple independent boards.
Marvin is a Fellow of the Casualty Actuarial Society and a Member of the American Academy of Actuaries.
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 $3.3 trillion of life reinsurance in force and assets of $63.0 billion as of September 30, 2018. 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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