Martello Re helps you achieve your most important strategic objectives
Today’s insurance markets are competitive, so having a reinsurance partner at your side who can provide access to broader investment capabilities, outside capital, and a different perspective is critical to success.
Martello Re was created to support insurers in the asset-intensive life and annuity markets. We help insurers grow profitably and consistently, while ensuring they are well positioned to deliver on all their promises to policyholders. Our company is led by a management team with deep industry experience and backed by some of the most trusted names in the industry.
We were built by an exceptional group of institutional investors and family offices.
Executive Leadership
Dennis Ho
Chief Executive Officer
As CEO of Martello Re, Dennis is responsible for developing and executing on the Company’s long-term strategy.
A life actuary by training, Dennis brings over two decades of insurance experience to Martello Re and has held senior roles at Longitude RE, BlackRock, Deutsche Bank, and MetLife.
Most recently, Dennis worked with Barings and Willis Towers Watson to successfully stand-up Longitude RE, a Bermuda-based life reinsurer focused on reinsuring group annuities sold to US corporations. Prior to Longitude RE, Dennis was the head of North America Insurance Strategy for BlackRock’s Client Solutions team where he led the build out of BlackRock’s advisory business tasked with helping insurers optimize asset allocation, better manage risk, and maximize return on capital for their investment portfolios.
Prior to BlackRock, Dennis was the head of the Life Insurance Solutions team at Deutsche Bank where he helped build out the business, providing US life insurers with bespoke capital markets and structured financing solutions to help optimize their capital structure and better manage risk.
Prior to Deutsche Bank, Dennis held various roles at MetLife within their corporate pension business. Dennis’ experience also includes successfully launching his own “Insurtech” company to distribute insurance and annuity products directly to consumers online.
Dennis is a graduate of the University of Manitoba with a Bachelor of Commerce in Actuarial Mathematics and is a Fellow of the Society of Actuaries and a CFA Charterholder.
Michael Baumstein
Chief Investment Officer & Chief Financial Officer
As Chief Financial Officer and Chief Investment Officer, Michael is responsible for oversight of both the Finance team and the Investment team.
Prior to joining Martello Re, Michael was Head of the Private Equity & Real Assets business at Barings, a subsidiary of MassMutual, where he was responsible for all aspects of the business that managed funds and separate accounts. In addition, he also led both the Financial Services and Energy Infrastructure investment teams and chaired the Investment Committee. Michael has worked in the industry since 1993 and has extensive experience with insurance companies, financial institutions and investing. Prior to joining Barings in 2013, Michael was Executive Vice President, Chief Investment Officer and Head of Corporate Strategy at Scottish Re Group Limited. Michael joined Scottish Re in 2004 and at various times his responsibilities included investments, strategy, M&A, capital management, structured reinsurance, rating agency relations and investor relations. Before Scottish Re, he was an investment banker, with a specialty in financial institutions corporate finance and mergers and acquisitions at Bear Stearns and Prudential Securities. He also held finance and strategy positions at PricewaterhouseCoopers and Scudder Kemper Investments.
Michael is a graduate of Rutgers University and received a Master of Business Administration from Columbia University.
Justin Mosbo
Chief Actuary
As Chief Actuary for Martello Re, Justin is responsible for building and leading the actuarial function to support the execution of the Company’s strategy. Prior to joining Martello Re, Justin was Chief Actuary for five years at a mid-sized Private Equity backed U.S. life and annuity insurer where he also previously led the company’s transactions team covering insurance M&A and reinsurance transactions. Prior to this, Justin served as Vice President for a large insurer/reinsurer where he focused on the origination, structuring and underwriting of life and annuity block reinsurance transactions.
Prior to this role, he served as Senior Manager in a Big 4 accounting firm’s actuarial practice where he helped clients with the actuarial due diligence, risk analysis, valuation and purchase accounting of life and annuity mergers and acquisitions.
Justin previously spent seven years at Transamerica focusing on ALM and economic capital model development and spent two years executing internal reinsurance transactions as Chief Risk Officer of a large Bermuda domiciled affiliate reinsurer.
Justin is a graduate of Luther College with a Bachelor of Science in Mathematics/Statistics and is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a CFA charter holder and holds the Professional Risk Manager certification.
Virginia Perinelli
Chief Strategy & Implementation Officer
As Chief Strategy and Implementation Officer, Virginia Perinelli is responsible for driving Martello Re’s corporate strategy and overseeing the buildout of its core infrastructure and operations. Virginia brings more than 15 years of buy and sell side experience spanning across capital markets, operations and relationship management functions. Prior to joining Martello Re, Virginia was a Director on the Barings Strategic Relationship Management team, where she was responsible for banking and third-party administrator relationship management and supported the firm’s strategic initiatives including the launch of Martello Re.
Prior to joining Barings, Virginia spent over 10 years at Bank of America Merrill Lynch in various roles throughout the Global Markets organization including roles in Senior Relationship Management, Global Credit and Special Situations Trading COO, and Fixed Income Emerging Markets Sales and Operations.
Virginia is a graduate of New York University and received a Master of Business Administration from Columbia University.
Alana Rathbun
Chief Governance, Risk, & Compliance Officer
As Chief Governance, Risk, & Compliance Officer, Alana is responsible for building out a world-class enterprise risk management function encompassing key components of corporate governance and compliance. She has more than 25 years of experience in actuarial and risk management functions across various lines of business. Previously, Alana was the Chief Risk Officer for a Bermuda life & annuity reinsurer where she oversaw the risk management function of the company, including regulatory and capital reporting.
Prior to that role, Alana was Head of Product and Pricing for a global life insurance company where she led the product strategy to provide insurance solutions for global HNW individuals and was recognized as the product subject matter expert for internal and external partners, strengthening the company’s relationships with brokers and private bankers. In her career, Alana has worked closely with many functional areas and has led actuarial, operations and distribution teams across multiple geographical locations. Alana is keen on process and enjoys coming up with innovative solutions for unique challenges.
Alana holds a Bachelor of Mathematics in Actuarial Science from the University of Waterloo (Ontario, Canada) and is a Fellow of both the Society of Actuaries and Canadian Institute of Actuaries.
Join Our Team
Board of Directors
Ellen Conlin
MassMutual | Chair of the Board
Eric Lloyd
Barings | Director
Taylor Bodman
Brown Brothers Harriman | Director
Eric Hoffman
Centerbridge Partners | Director
Matthew Kabaker
Centerbridge Partners | Director
Jeffrey Meskin
Brown Brothers Harriman | Director