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.

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


Alon Neches


Ciara A. Burnham

 


Sihong Chan


Douglas A. French


Neville Grant


Takayuki Hanao


Patrick Kelleher


Brian O'Hara


 Richard Patching


Jane Tutoki


Reggie Van Lee 


Samuel J. Weinhoff


Jonathan Novak





A sleek building in the day time.