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Fortitude Re/Carlyle Asia Reinsurance Sidecar Launches with $700m+ in Capital
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2 Articles
Fortitude Re/Carlyle Asia reinsurance sidecar launches with $700m+ in capital
Fortitude Carlyle Asia Reinsurance, Ltd. (FCA Re), Fortitude Re’s and Carlyle’s recently launched Asia focused reinsurance sidecar, is commencing operations with more than $700 million in deployable capital, including equity and expected debt capacity. The sidecar is a Class E licensed Bermuda-domiciled reinsurer established to accelerate Fortitude Re’s growth in the Asian life and annuity market. According to the announcement, FCA Re will initi…
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