AIG Bermuda chief risk officer joins Langhorne Re

02-05-2019

Life reinsurer Langhorne Re has appointed Timothy Gasaatura as chief actuary of Langhorne Re Bermuda.

Gasaatura most recently served as chief risk officer of AIG Bermuda/Fortitude Re, where he was responsible for managing risk on an enterprise-wide basis. This included the integration of risk concepts into strategic planning, and risk identification and mitigation activities.

Prior to that, he was a senior actuary and risk officer at Transamerica in Bermuda. He has also worked as a senior consultant with Deloitte in Connecticut.

Langhorne Re was launched in January 2018 by Reinsurance Group of America (RGA) and RenaissanceRe. It targets 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 insurers.

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