Hartford, CT, Sept. 3, 2019 – Nassau Re today announced that David E. Czerniecki, CFA, has joined the company as Chief Investment Officer. As Chief Investment Officer, Mr. Czerniecki will be responsible for setting investment strategy and overseeing Nassau Re’s investment portfolio. He will report to Phil Gass, Chairman and Chief Executive Officer of Nassau Re.

“We are excited to welcome David to the Nassau Re team. With David’s background managing insurance investment portfolios and bringing more than 30 years of experience to the team, he is an ideal leader to oversee our investment portfolio while continuing to grow and expand our capabilities across asset management,” said Mr. Gass.

“It is an exciting time to be joining Nassau Re. We have a tremendous legacy and are executing on so many new growth opportunities. I am thrilled to join the experienced and talented investment team,” said Mr. Czerniecki.

Mr. Czerniecki replaces Christopher M. Wilkos, CFA, who retired in July.

Mr. Czerniecki joins Nassau Re after almost 20 years at XL Group Ltd (AXA XL), where he most recently served as Senior Portfolio Manager and Co-Chairman of XL’s Global Credit Committee. In this role, he oversaw more than 60% of the company’s fixed income portfolio Throughout his career he has served in a variety of business leadership, credit, capital markets and new product roles across within leading insurance, asset management, banking and investment banking firms. Mr. Czerniecki earned a B.S. in Business Administration from Georgetown University and an M.B.A. in Finance, Management and Marketing from the J.L. Kellogg School at Northwestern University.

About Nassau Re

Nassau Re’s mission is to build a franchise across the insurance value chain. Based in Hartford, CT, Nassau Re currently has combined assets of approximately $22.6 billion and capital of approximately $1.3 billion. Our business covers four segments: insurance, reinsurance, distribution and asset management through various affiliates including Nassau Life and Annuity Company, Nassau Life Insurance Company of Texas, Saybrus Partners and Nassau Asset Management.

In addition to Nassau Asset Management (NAMCO), which focuses on internal investment capabilities, Nassau Re’s asset management segment includes specialty investment managers:

• Nassau Corporate Credit LLC is a CLO manager
• Nassau Private Credit LLC invests directly in CLO equity and related investments for third-party institutional investors
• Nassau CorAmerica LLC is a diversified real estate investment and asset management firm
• Nassau Alternative Investments LLC manages alternatives, including through structured offerings

Nassau Re was founded in 2015 with capital provided by Golden Gate Capital, a private investment firm with over $15 billion of committed capital. For more information, visit www.nsre.com.

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Contact:

Alice S. Ericson, aericson@nsre.com or 860-403-5946