Global + Growing

Global + Growing

Company Milestones

2023

Company Milestones

2022

Company Milestones

2021

Company Milestones

2020

Company Milestones

2018-2019

Company Milestones

2018

Company Milestones

2017

Executing of Growth Initiatives • November 2023

Closed a $28bn Life & Annuity Reinsurance Agreement with Lincoln Financial Group.

Executing of Growth Initiatives • May 2023

Established Tokyo Representative Office.

Executing of Growth Initiatives • April 2023

Fortitude Re continues International expansion through two reinsurance transactions in Japan.

Executing of Growth Initiatives • November 2022

Signed and closed a $1bn fixed annuity reinsurance transaction with a Fortune 500 U.S. insurance company.

Executing of Growth Initiatives • 2022

$2.1 billion capital raise from existing investors, Carlyle and T&D, significantly strengthens Fortitude Re's ability to pursue further growth and provide innovative solutions to the global insurance industry.

Executing of Growth Initiatives • 2021

Fortitude Re acquires variable annuity business from Prudential, demonstrating its expertise in delivering comprehensive and value enhancing solutions for clients.

Executing of Growth Initiatives • 2020

Fortitude Re is an independent company backed by a consortium of investors led by The Carlyle Group and T&D Insurance Group.

Executing of Growth Initiatives • 2018-2019

Carlyle acquires 19.9% ownership interest in Fortitude Re. Provides Fortitude Re with unique access to Carlyle's investment capabilities.

Executing of Growth Initiatives • 2018

Fortitude Re enters into a series of Life & Annuity and P&C reinsurance transactions with AIG and receives an initial capitalization of ~$3B. The transactions represent ~$37 BN of reserves supported by ~$40 BN of invested assets.

Executing of Growth Initiatives • 2017

Formation of Fortitude Re. AIG forms a Bermuda domiciled composite reinsurer to reinsure its legacy insurance portfolio in a separate and distinct well capitalized balance sheet. Dedicated and highly experienced management team appointed.


Board of Directors