Plenary & Panel Speakers

FASANO Michael

Michael Fasano is founder and President of Fasano Associates, a leading underwriting consulting firm serving the life, annuity, workers compensation and life settlement markets.

Before starting Fasano Associates, Mr. Fasano served as President of Trans-General Life Insurance Company; and before that, he worked as Investment Advisor for a large internally managed pension fund.  Mr. Fasano started his career at the White House Office of Management and Budget.

Mr. Fasano received his B.A. from Northwestern University and his M.A. from the University of Wisconsin, Madison.  He currently serves on the Board of Visitors for Northwestern University’s College of Arts & Sciences.  He also serves as a Board member of the Institutional Longevity Markets Association (ILMA) and the European Life Settlement Association (ELSA).  He is a frequent industry speaker and has published articles in Best’s Review, Pensions and Investments, and the National Underwriter.


Tim Gordon is an actuary and partner in Aon’s UK Risk Settlement Group and leads Aon’s demographics analytics – Demographic Horizons™.

Tim’s work over the past few years has included advising reinsurers on best estimate mortality in relation to UK pension plan-related transactions for c.£100bn of liability and providing the longevity technical expertise on the structuring of c.£15bn of longevity reinsurance.

Tim has held various roles at the Institute and Faculty of Actuaries, and has only just stepped down as chair of the UK CMI’s Mortality Projections Committee, which produces the standard annual mortality projections for the UK actuarial profession. Tim has published a number of thought leading papers in the areas of financial economics, pension plan funding and sponsor covenant assessment.

HALL R. Dale

R. Dale Hall, FSA, CERA, MAAA, CFA is Managing Director of Research for the Society of Actuaries in Schaumburg, Illinois.  In his role, Dale coordinates the SOA’s strategic research partnerships, oversees SOA experience studies, coordinates research across the SOA’s wide variety of actuarial practice areas, and directs the SOA’s data-driven in-house research initiatives.  He is a frequent speaker at insurance and retirement industry meetings to highlight SOA research, including presentations to the actuarial task forces of the NAIC and congressional committee testimony on pension plan mortality rates. He has appeared on behalf of the SOA in a variety of media outlets including coverage on C-SPAN and National Geographic’s BREAKTHROUGH television series, and hosts the weekly Society of Actuaries Research Insights Podcast.  Prior to joining the SOA, Dale spent over 20 years in the US insurance industry, primarily as Chief Actuary for the Life/Health companies of COUNTRY Financial.

Dale is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, a Chartered Enterprise Risk Analyst and a CFA charterholder.  Dale earned his MBA in Finance from Capital University and his BS in Mathematics from John Carroll University.


Amy Kessler is senior vice president and head of Longevity Risk Transfer within the Pension Risk Transfer business of Prudential Financial, Inc. (PFI). In this role, Amy leads PFI’s longevity reinsurance business globally and serves on the senior leadership team for PFI’s pension risk transfer efforts in the United States. In 2011, Amy led PFI's successful launch of its longevity reinsurance product and, together with her exceptional team, has closed nearly $60 billion in international reinsurance transactions since, covering members of more than 200 pension funds in the United Kingdom, including British Airways and Rolls-Royce. In 2014, Amy led PFI’s reinsurance team in the largest and most innovative longevity risk transfer transaction on record for the BT Pension Scheme. This transaction was recognized as “Deal of the Year” by Risk Magazine and earned PFI top honors as “Reinsurer of the Year;” an honor they have now received for four consecutive years (2014-2017). With nearly 30 years of experience, Amy is an innovator whose work helps pension funds proactively manage longevity risk and create retirement security for their members.


Paul Kitson is a Partner and Actuary based in the UK and leads PwC's Pensions and Savings Disruption team.  Paul also forms part of PwC's Global Longevity Risk team, leading work that looks at the changing demographic and ageing issues that many countries are facing. Paul has worked with some truly iconic clients, including the BBC, USS and British Airways. Paul was previously a Managing Director at Nomura, the global investment bank and before that a Consulting Actuary at Willis Towers Watson and Aon.

Paul has led many UK pension fund longevity derisking transactions, often industry ‘firsts’, including the first ever multi-cell captive longevity hedging project for the British Airways pension funds, reducing their exposure to pension fund members living longer than expected in respect of several billion of liabilities.


Kirsty Maclean is a senior associate in the London office of Willkie Farr &Gallagher (UK) LLP and member of the Corporate and Financial ServicesDepartment. She advises insurance, reinsurance and other financialinstitution clients on a broad range of non-contentious matters. Ms.Maclean has particular expertise advising on complex (re)insurancetransactions (and related security arrangements) and regularly advises onlife and pensions risk transfer transactions in the United Kingdom. Herpractice also includes advising on policy wordings, (re)insurance businessrestructurings and capital optimisation projects, regulation of (re)insurersin the UK and Europe and the interface between (re)insurance and thecapital markets.

Ms. Maclean has gained substantial experience working in-house in the insurance and reinsurance sectors. In particular, she advised Swiss Re’s life and health structured transactions business in Europe and Asia from January 2013 until she joined Willkie in December 2015.


Moshe A. Milevsky is a professor of finance at the Schulich School of Business, a member of the Graduate Faculty in Mathematics and Statistics at York University in Toronto, a fellow of the Fields Institute for Research in Mathematical Sciences and is on the editorial board of numerous academic and practitioner journals.

He has published 15 books and over 60 peer-reviewed articles in the areas of financial mathematics, pension economics, actuarial science, as well as the history of annuities. His most recent (2019) book is entitled: Longevity Insurance for a Biological Age: Why Your Retirement Plan Shouldn’t Be Based on the Number of Times You Circled the Sun.


Thomas Olunloyo

Chief Executive Officer, Legal & General Re in Bermuda and Director, Bermuda International Long Term Insurers and Reinsurers

Thomas Olunloyo is CEO of Legal & General Re in Bermuda having previously served as chief actuary and chief investment officer. Prior to joining Legal & General, he was pricing and product development actuary at MetLife in the UK. Olunloyo is also a director of the Bermuda International Long Term Insurers and Reinsurers (BILTIR) association, having served on the Board since 2017.

He studied mathematics and philosophy at the University of Oxford and is a Fellow of the UK Institute of Actuaries.


Patrick Tedesco is an associate in the Corporate & Financial Services Department in New York. Mr. Tedesco advises insurance and reinsurance
companies on longevity and pension risk transfers and capital markets matters. He also has significant experience representing borrowers and
lenders in acquisition, asset-based and leveraged financings.

Mr. Tedesco has advised on the following significant matters:

Prudential Financial on its quota share reinsurance of a £3.4 billion longevity transaction with MMC (Marsh & McLennan Companies) pension fund.

Prudential Financial on a series of collateralized longevity-only reinsurance transactions with Rothesay Life, Pension Insurance Corporation and Legal & General

Prudential Financial on multiple PRT buy-out transactions with US pension plans

Prudential Financial on its creation of a longevity reinsurance "flow" facility with Pension Insurance Corporation

Prudential Financial on its $1.4 billion longevity-only PRT transaction with Aviva

A global reinsurance company on a proposed US longevity-only PRT transaction (the first of its kind in the United States)

A US insurance company on a development of a US PRT program designed for small- to mid-market transactions