Fortitude Re Continues International Expansion Through Two Reinsurance Transactions in Japan
The cedants will continue to service and administer the reinsured policies.
Alon Neches, CEO of Fortitude Re commented, “Fortitude Re exists to serve our clients and their policyholders, and our bespoke approach translates well outside of the United States. We are pleased to announce two significant reinsurance transactions with our partners in Japan, which will continue to propel our international strategy to deliver thoughtful and tailored reinsurance solutions on a global scale.”
Sidley Austin LLP and Mori Hamada & Matsumoto served as legal counsel to Fortitude Re.
About Fortitude Re
The Fortitude Re Group manages approximately $72 billion in general and separate account insurance reserves and administers over 4.5 million insurance policies. The foundations of our business model are our exceptional insurance professionals and the support of the world’s most sophisticated insurance investors, including Carlyle and T&D Insurance Group. Our people, our capital strength and our capabilities drive strategic reinsurance solutions designed to meet our clients’ highest priority goals and to create sustainable, long-term value for our shareholders, our teammates, and the communities in which we operate. For more information visit, www.fortitude-re.com and follow Fortitude Re on LinkedIn.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230403005608/en/
Website: https://fortitude-re.com/
Contact
Fortitude Re
Lara Watson
lara.watson@fortitude-re.com
This news is a press release provided by Fortitude Reinsurance Company Ltd..
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2023년 5월 14일 10:40