Timothy Gasaatura has joined Langhorne Re Bermuda as chief actuary.

The company is the Bermudian-domiciled underwriting platform of Langhorne Re, which targets large, in-force life and annuity blocks.

Mr Gasaatura joins Langhorne Re from AIG Bermuda/Fortitude Re, where he most recently served as chief risk officer.

In this role, he was responsible for the management of risk on an enterprise-wide basis, including the integration of risk concepts into strategic planning, and risk identification and mitigation activities.

Before joining AIG Bermuda/Fortitude Re, Mr Gasaatura was senior actuary and risk officer at Transamerica in Bermuda.

He also previously worked as a senior consultant with Deloitte in Hartford, Connecticut, where he provided advice regarding product development, valuation, risk and capital management.

Langhorne Re was launched in January 2018 by Reinsurance Group of America, and Bermudian reinsurer RenaissanceRe Holdings.