Oceanview Reinsurance Ltd. (“Oceanview Re”), a Bermuda Class E insurance company, today announced that Andrew Kanelos has been appointed Executive Chairman and Chief Governance Officer, effective December 13, 2021. Mr. Kanelos will be based in Hamilton, Bermuda and will be responsible for directing the management activities of Oceanview Re. Mr. Kanelos will also become a member of the Board of Directors of Oceanview Re.

“We are delighted to welcome Andrew to Oceanview Re,” said Bill Egan, Chairman and Chief Executive Officer of Oceanview Holdings Limited, corporate parent of Oceanview Re. “As a highly experienced executive with a proven track record and broad relationships in the reinsurance industry, his wealth of knowledge, deep expertise and leadership will be invaluable in directing our team.”

Mr. Kanelos brings more than 20 years of experience in the life and annuity industry, including ten years in leadership roles. Most recently, he served as Managing Director of Transamerica Life Insurance’s Offshore Companies, where he oversaw five of Transamerica/Aegon’s Bermuda life and reinsurance entities. He also brings experience in market research, product pricing, annuity reinsurance solutions and captive management from earlier roles at Merrill Lynch, the Chubb Group and consulting services engagements with ING’s Institutional Financial Products Division.

About Oceanview Re

Oceanview Reinsurance Ltd. is a Class E Bermuda reinsurer based in Hamilton, Bermuda rated A- (Positive) by A.M. Best and is a wholly owned subsidiary of Oceanview Holdings Ltd. Oceanview Re provides customized reinsurance solutions for fixed annuities and other asset intensive life insurance liabilities.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211209005648/en/