PEMBROKE, BERMUDA, October 11, 2018 – Langhorne Re, a global reinsurer targeting large in-force life and annuity blocks, today announced the appointment of Steve Zonca as Chief Executive Officer of Langhorne Re’s United States-based operating subsidiaries. Langhorne Re was launched in January 2018 by Reinsurance Group of America, Incorporated (RGA) and RenaissanceRe Holdings Ltd.
Zonca’s experience spans 35 years, with more than 20 years of senior management responsibilities and experience in pricing, product development, valuation, and financial reporting of most life, annuity, and health products. As CEO, he will be responsible for leading the operations and strategy of Langhorne Re’s U.S. operating subsidiaries.
Prior to this appointment, Zonca was a Senior Vice President in the Financial Solutions business at RGA. In this role, he was responsible for the pricing, structuring, evaluation, and risk management of all transactions generated by the business line. Prior to RGA, Zonca was a vice president with CalFarm Life Insurance Company, Certus Financial, and Amex Life Insurance Company.
Zonca received his B.S. degree in mathematics and Associate Master degree in actuarial science from the University of Michigan.
Langhorne Re was recently named “Launch of the Year” at the 2018 Reactions North America Awards in recognition of the company’s successful launch and innovative strategy. Earlier this year, Langhorne Re also acquired an Arizona-domiciled insurer licensed in 47 states and the District of Columbia. The acquisition will strengthen Langhorne Re’s ability to pursue large in-force life and annuity blocks in the U.S. market and provide clients with long-term capital management solutions.
About Langhorne Re
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 (RGA), 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 $59.8 billion as of June 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.
FOR MORE INFORMATION
Senior Vice President, Investor Relations
Vice President, Corporate Communications
RenaissanceRe Holdings Ltd.
Senior Vice President, Finance & Investor Relations
Vice President, Marketing & Communications
Kekst and Company
Peter Hill or Dawn Dover