25 January 2019News

PartnerRe's Pestcoe joins Langhorne Re Bermuda as CEO

Langhorne Re, a reinsurer targeting large life and annuity blocks, has appointed Marvin Pestcoe as executive chair and CEO of Langhorne Re Bermuda.

Pestcoe has over 30 years of insurance industry experience, having most recently served as chief risk and actuarial officer at PartnerRe, also serving on its executive committee.

During his time at PartnerRe, Pestcoe held a number of senior management positions including CEO of life & health, chief investment officer, and head of strategic ventures, and he represented the company as a director on multiple independent boards.

In his new role at Langhorne Re, he will be responsible for its strategy and operations.

Langhorne Re was launched in January 2018, funded with capital commitments from Reinsurance Group of America (RGA) and RenaissanceRe Holdings, along with other third-party pension fund and life insurance companies.

More on this story

11 September 2023   The reinsurer’s strong balance sheet and ability to raise capital have beenpraised by the ratings agency.
4 September 2023   The European regulator says the acquisition of AIG units raises ‘no competition concerns’.
2 August 2023   Operating income rises 24% to $636m.