Fortitude Re is Bermuda’s largest multiline reinsurer with unique competitive advantages and expertise to design bespoke solutions for (re)insurers. Our experienced leadership team and unique heritage has prepared us well for the future, as we focus on comprehensive, transformational deals. Our strong financial position and investment grade ratings, validate the strength and stability Fortitude Re offers and reinforces our vision of “adding confidence to the promises of the insurance industry.” We are here for the long haul and are committed to delivering innovative solutions for our partners.
As a trusted partner with deep expertise in insurance and liability-driven investment strategies, Fortitude Re helps clients solve their most complex challenges with reinsurance solutions that allow clients to;
Our proprietary asset-liability modeling approach gives us the ability to generate superior risk-adjusted investment returns.
Our expertise managing a broad scope of Life & Annuity and P&C insurance reserves allows us to model liability cashflows with confidence.
Our composite capital structure provides advantage over monoline reinsurers.
We are unburdened by legacy expenses and processes, allowing us to invest heavily in our people and move with great agility and responsiveness.
Our Fortitude Life & Annuity Solutions subsidiary, staffed by policy administration experts, provides us with a highly cost-effective, experienced and scalable administration platform for runoff life and annuity insurance blocks.
Our Fortitude P&C Solutions subsidiary, staffed by deeply-experienced claims professionals, allows us to provide a full P&C claims administrative solution to our customers.
A diversified, high-quality investment portfolio that is well-matched to the nature of its liabilities, with a 12.2 year average duration.
Diversified and seasoned portfolio of legacy liabilities.
1As of 12/31/2021 2 Nominal reserves at YE21
3December 2021 Fortitude Group Total Available Capital as defined by the Bermuda Economic Balance Sheet
4December 2021 proforma ECR at Fortitude Group
Fortitude Re is backed by a consortium of sophisticated, long-term oriented institutional investors that includes:
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $301 billion of assets under management as of December 31, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest.
T&D Holdings (TSE: 8795) is a publicly listed insurance holdings company of T&D Insurance Group, which is comprised of three core life insurers, Taiyo Life Insurance Company, Daido Life Insurance Company, and T&D Financial Life Insurance Company. Its headquarters is located in Tokyo, Japan. As of December 31, 2021, total assets of T&D Holdings were JPY 18,249 billion.
FGH Parent, L.P., the ultimate parent company of Bermuda’s largest multi-line reinsurer (together with its subsidiaries, “Fortitude Re”), today announced the acquisition of Plans’ Liability Insurance Company, an Ohio-domiciled and widely licensed property & casualty insurer. This acquisition enables Fortitude Re to provide enhanced transactional flexibility and additional structural solutions to our clients.
Prudential Financial, Inc. (“Prudential”) (NYSE: PRU) and Fortitude Group Holdings, LLC, the parent company of Bermuda’s largest multi-line reinsurer (“Fortitude Re”), today announced the completed sale to Fortitude Re of a portion of Prudential’s legacy traditional variable annuity block. Consistent with the agreement announced on Sept. 15, 2021, Fortitude Re has acquired one of Prudential’s subsidiaries, […]
FGH Parent, L.P., (together with its subsidiaries, “Fortitude Re”), today announced the signing and closing of a $4 billion reinsurance transaction between its subsidiary Fortitude Reinsurance Company Ltd., Bermuda’s largest multiline reinsurer, and Taiyo Life Insurance Company (“Taiyo Life”), a wholly owned subsidiary of T&D Holdings, Inc (“T&D”).