F&G Annuities & Life Announces Strategic Partnership With New Reinsurer Backed by Blackstone Managed Funds

Blackstone Kicks In $1 Billion to Create F&G Reinsurance Pool

Blackstone Inc. is creating a $1 billion reinsurance vehicle that will assume some of the risk on the books of F&G Annuities & Life Inc.

F&G Annuities & Life Announces Strategic Partnership With New Reinsurer Backed by Blackstone Managed Funds

F&G partners with reinsurance sidecar backed by $1bn Blackstone capital

F&G Annuities & Life, Inc. has entered into a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. Under the agreement, the reinsurer will provide long-term, on-demand growth capital to F&G through a forward flow reinsurance arrangement on a quota share basis for certain fixed indexed annuity products. This will allow F&G to efficiently manage i…

Blackstone backs F&G annuity reinsurance sidecar with $1bn of private capital - Artemis.bm

This content is copyright to www.artemis.bm and should not appear anywhere else, or an infringement has occurred. Blackstone has again demonstrated its appetite to source insurance and reinsurance-linked opportunities for private capital clients with a newly announced life and annuities flow reinsurance sidecar-like structure established for F&G Annuities & Life, Inc. and backed by $1 billion of capital from Blackstone managed funds. The prolife…