The Fortitude Re Group helps insurance companies around the world solve their most complex risk transfer challenges by designing and delivering bespoke solutions for legacy Life & Annuity and P&C lines. We are backed by a consortium of sophisticated investor groups led by The Carlyle Group and T&D Insurance Group.
Our strength is apparent in the experience and expertise of our leadership. With an average industry tenure of over 20 years, our team has an impressive track record of successfully managing the most complex legacy liabilities.
November 21, 2023 – Hamilton, Bermuda – Fortitude Reinsurance Company Ltd., (“Fortitude Re”) today announced the closing of its $28 billion reinsurance agreement with The Lincoln National Life Insurance Company, a subsidiary of Lincoln National Corporation (NYSE:LNC) and its affiliates (“Lincoln”). Consistent with the agreement announced May 2, 2023, Lincoln will reinsure a significant portion […]
Fortitude Re and IBM establish long-term strategic relationship to collaborate on growth opportunities to further enhance Fortitude Re’s position as a leading global provider of legacy reinsurance solutions. The companies enter into $450 million, 10-year collaboration for administration of over 4 million insurance policies. IBM launches its fully licensed Life and Annuity third-party administration solution. […]
August 22, 2023 – Hamilton, Bermuda – FGH Parent, L.P. (“Fortitude Re”), today announced the appointment of Ming Zhang as Chief Risk Officer and Andrew Sooboodoo as Chief Regulatory Officer, effective immediately. Ming will join Fortitude Re’s Executive Committee and report to Chief Executive Officer Alon Neches. He will lead the company’s corporate risk management […]