FGH Parent, L.P (“Fortitude Re”), mother or father firm of Bermuda’s largest multi-line reinsurer, as we speak introduced the signing of a circulation reinsurance transaction with a number one Japanese life insurance firm. Fortitude Re executed this transaction via its Bermuda-based subsidiary, Fortitude International Reinsurance Limited.
“We are very pleased to continue supporting marquee clients in the Japanese insurance industry by providing strategic reinsurance capacity that helps our partners achieve their risk, capital and growth aspirations,” commented Alon Neches, Chief Executive Officer of Fortitude Re. “We see meaningful growth opportunities in the region and are committed to delivering thoughtful solutions tailored to our clients, their products and their markets.”
Sidley Austin LLP and Mori Hamada & Matsumoto served as authorized counsel to Fortitude Re.
About Fortitude Re
The Fortitude Re Group consists of Bermuda’s largest multi-line composite reinsurer, with distinctive aggressive benefits and experience to design bespoke transactional options for Life & Annuity and P&C traces. Fortitude Re is backed by a consortium of refined investor teams led by The Carlyle Group and T&D Insurance Group. Fortitude Re holds roughly $48 billion in invested belongings as of December 31, 2021. For extra data go to, www.fortitude-re.com. Follow Fortitude Re on LinkedIn.