Industry veteran joins Hamilton board

Marvin Pestcoe has been appointed to the board of directors of Bermuda-headquartered re/insurer Hamilton Insurance Group.

Pestcoe is executive chair and chief executive officer at Langhorne Re, the joint-venture, third-party capital-backed life and annuity reinsurance firm launched by RenaissanceRe and Reinsurance Group of America.

Pestcoe’s 35-year career in insurance, reinsurance and investments includes a range of executive roles including leadership positions that focused on profit centre management, investments, corporate strategy, data analysis and risk management.

He has previously served as chief risk and actuarial officer at PartnerRe where he was responsible for overseeing risk, capital modelling and reserving functions as well as strategic investments. During his 18-year tenure at the reinsurance company, Pestcoe held a number of senior management positions including CEO of life & health, chief investment officer and head of strategic ventures. He was also a member of the company’s executive committee. Before joining PartnerRe, Pestcoe was chief actuary for Swiss Re New Markets.