HAMILTON, Bermuda--(BUSINESS WIRE)--FGH Parent, L.P (�Fortitude Re�), parent company of Bermuda�s largest multi-line reinsurer, today announced the signing of a flow reinsurance transaction with a leading Japanese life insurance company. Fortitude Re executed this transaction through its Bermuda-based subsidiary, Fortitude International Reinsurance Limited.

�We are very pleased to continue supporting marquee clients in the Japanese insurance industry by providing strategic reinsurance capacity that helps our partners achieve their risk, capital and growth aspirations,� commented Alon Neches, Chief Executive Officer of Fortitude Re. �We see meaningful growth opportunities in the region and are committed to delivering thoughtful solutions tailored to our clients, their products and their markets.�

Sidley Austin LLP and Mori Hamada & Matsumoto served as legal counsel to Fortitude Re.

About Fortitude Re

The Fortitude Re Group includes Bermuda�s largest multi-line composite reinsurer, with unique competitive advantages and expertise to design bespoke transactional solutions for Life & Annuity and P&C lines. Fortitude Re is backed by a consortium of sophisticated investor groups led by The Carlyle Group and T&D Insurance Group. Fortitude Re holds approximately $48 billion in invested assets as of December 31, 2021. For more information visit, www.fortitude-re.com. Follow Fortitude Re on LinkedIn.

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Lara Watson, [email protected]