Reinsurance Group of America and RenaissanceRe Launch Langhorne Re
Reinsurance industry leaders announce formation of global reinsurer offering solutions for large in-force life and annuity blocks
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To date, Langhorne Re has secured
“We are very pleased to announce the launch of Langhorne Re with our strategic partner, RenaissanceRe,” said
“RenaissanceRe’s experience with managing third party capital and sophisticated risk management combined with RGA’s experience in the life market make this a very attractive partnership,” said
Barclays acted as financial advisor and
About Langhorne Re
Langhorne Re is a global reinsurer targeting large in-force life and annuity blocks. The vehicle is funded with capital commitments from RGA and
About RGA
About
RenaissanceRe Holdings Ltd. 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, the United Kingdom, and the
All statements other than present and historical facts and conditions contained in this press release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements.
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