GEORGE TOWN, Cayman Islands, Oct. 26, 2017 (GLOBE NEWSWIRE) — Knighthead Annuity and Life Assurance Company (“Knighthead Annuity”) is pleased to announce and welcome Brian O’Neill as Chief Actuary.   As a member of Knighthead Annuity’s executive team, Mr. O’Neill will be responsible for enterprise-wide corporate oversight of the company’s actuarial practices.

Brian had over 13 years of experience in a management consulting capacity at both Deloitte and Towers Watson, as well as 5 years of experience as a Vice President in the Actuarial Group at Assured Guaranty.   Brian’s primary areas of expertise and experience are in Economic Capital Modeling, Asset Liability Management, Model Validation, Life & Annuity Reinsurance and Enterprise Risk Management.  He is a CFA Charterholder, a Certified Enterprise Risk Analyst (CERA), a Fellow in the Society of Actuaries (FSA), and a Member of the American Academy of Actuaries (MAAA).  Brian earned a BS in Math from Georgetown University (Magna Cum Laude, Honor Program).

Mr. O’Neill noted, “I am thrilled to be joining the Knighthead Annuity team.   The company has emerged as the preeminent provider of fixed annuities to the international segment and, more recently, successfully concluded a number of reinsurance transactions.  I am excited to contribute my knowledge, experience and network of relationships to further advance Knighthead Annuity’s business objectives.”

Gary Dombowsky, Chief Executive Officer of Knighthead Annuity commented, “We are very pleased to welcome Brian to the company.  Brian is highly respected within our industry and his deep risk management and actuarial experience will immediately contribute to the continued success of the company.  We welcome Brian and his family to the Cayman Islands.”

About Knighthead Annuity

Knighthead Annuity & Life Assurance Company is a Cayman Islands based Class B (iii) primary insurer that provides fixed annuity solutions to international clients through regulated institutional distribution partners and reinsurance of fixed liabilities to other insurers. Additional information about the company can be found at www.knightheadannuity.com.

Contact

Investor Relations:  (345) 623-0300 | [email protected]