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.
FGH Parent, L.P. (“Fortitude Re”), today announced the opening of its Tokyo Representative Office and appointment of Hajime Kawafuji as its Chief Representative. Mr. Kawafuji is a leader in the Japanese business community, with a broad range of investing and advisory experience across several industries.
Fortitude Reinsurance Company Ltd., (“Fortitude Re”) today announced the signing of a $28 billion reinsurance agreement with The Lincoln National Life Insurance Company, a subsidiary of Lincoln National Corporation (NYSE: LNC) and its affiliates (“Lincoln”).
Upon receipt of regulatory approvals, Lincoln will reinsure a significant portion of its universal life insurance and fixed annuity business to Fortitude Re. Lincoln will continue to service and administer the reinsured policies.
FGH Parent, L.P (“Fortitude Re”), has announced the closing of two reinsurance transactions with leading Japanese life insurance companies. Both block reinsurance deals, executed through one of Fortitude Re’s Bermuda-based subsidiaries, Fortitude International Reinsurance Limited, are comprised of whole life insurance policies.
The cedants will continue to service and administer the reinsured policies.