Organized in 2015, Vista Life & Casualty Reinsurance Company is expert at the design and implementation of reinsurance structures that produce surplus and risk-based capital benefits for clients.

Vista L&C is a specialty life and casualty reinsurer focused on reinsurance of closed or run-off blocks of business, with particular emphasis on seasoned portfolios of disability claims, annuities, certain classes of life insurance, workers’ compensation business and long term care insurance.

Company Profile

History

The concept of a specialty reinsurer focusing on long-tailed liabilities was formulated in 2011 with the establishment of a privately funded offshore reinsurance company which wrote over $500 million in premium.

Vista L&C was licensed in November 2015 as a sponsored captive insurance company organized under the captive insurance laws of the State of Vermont. The company closed its first transaction in August 2016 with $150 million of assets.

Ownership

Vista L&C is owned by experienced insurance and reinsurance professionals.

Management

Aon Insurance Managers (USA) Inc., the leading insurance manager in Vermont, provides the management services for Vista L&C. Aon manages more than 1,300 insurance entities in over 30 locations globally.

The Board of Directors consists of Donald Solow, Michael Lorenzo and Jeffrey Johnson.

Directors

Donald Solow FSA, MAAA

Don is currently President of Vista Life & Casualty Reinsurance Company and Manager of Regatta Holdings LLC, which invests in and advises start-up reinsurance enterprises.

Prior to this, Don was a Director at Wells Fargo Securities (formerly Wachovia Securities) from 2006 to 2011. At Wells, he was responsible for heading the insurance solutions team, originating over $500 million of transactions in insurance-related business.

Before joining Wachovia, he held senior positions within the reinsurance industry, including serving as Senior Vice President of ACE Financial Solutions in New York. In this capacity, Mr. Solow managed the life, health, and annuity reinsurance division, and was responsible for sourcing, structuring, and pricing financial and hybrid reinsurance and risk financing transactions.

He became a Member of the American Academy of Actuaries in 1992, and a Fellow of the Society of Actuaries in 1993.

Mr. Solow earned a Bachelor of Science degree in Mathematics from New York University’s School of Engineering in 1988.

Michael Lorenzo

Michael is Executive Vice President of Vista Life & Casualty Reinsurance Company. He worked in the reinsurance industry for over 30 years, most recently as President of MAL International Advisors LLC, a strategic advisory firm providing risk transfer and management consulting services to the insurance community.

Michael was a Managing Director with Guy Carpenter Inc., a global reinsurance intermediary, owned by MMC. He was an account executive for a diverse group of clients negotiating over $2 billion of traditional and structured reinsurance limits in the worldwide market.

Michael was also a Senior Vice President with Sedgwick Re, a leading global reinsurance intermediary owned by Sedgwick Group PLC. His responsibilities included New England Branch Manager, eastern region sales and account management.

Prior to joining Sedgwick Re, he served as a Vice President for Guy Carpenter Inc. in the International Treaty Division responsible for Japan and Northern Europe. He was also an Assistant Vice President in the Facultative Division servicing Fortune 1000 insured’s for major insurance company clients.

Jeffrey Johnson

Jeff is a shareholder of Primmer, Piper, Eggleston and Cramer PC a New England based law firm. Jeff concentrates his practice in the areas of legislative and regulatory representation of insurance companies (both traditional and captive), banks, securities firms and individuals working in the financial services industry. Jeff’s practice also addresses a wide variety of corporate law issues for financial service companies, including corporate formations, ongoing annual representation, participation in shareholders and directors meetings, and dissolutions. In addition, his practice includes representation of clients in administrative law proceedings with the Vermont Department of Financial Regulation.

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