Fortitude Re Enhances Reinsurance Capabilities

Fortitude Re announced today the formation of a Bermuda multi-line reinsurer and the acquisition of a U.S. life insurer. A spokesperson added, “In addition, Fortitude Re’s subsidiary, Fortitude Reinsurance Company Ltd. [FRL], Bermuda’s largest multi-line reinsurer, obtained approval to operate as a Reciprocal Jurisdiction Reinsurer, the first such approval to be granted by the Texas […]

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