See every side of every news story
Published loading...Updated

Fortitude Re enters $4B annuity reinsurance agreement with Taiyo Life

Summary by Business Daily
FGH Parent, L.P., known as Fortitude Re, has finalized a $4 billion reinsurance agreement with Taiyo Life Insurance Company. This transaction involves Fortitude International Reinsurance Company Ltd., a subsidiary of Fortitude Re, and is effective from February 28, 2025. The agreement allows Taiyo Life to reinsure a large part of its whole life annuity business with Fortitude Re while continuing to manage the reinsured policies.This deal marks t…

Bias Distribution

  • 100% of the sources lean Right
100% Right
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Business Daily broke the news in Arizona, United States on Friday, March 21, 2025.
Sources are mostly out of (0)

You have read out of your 5 free daily articles.

Join us as a member to unlock exclusive access to diverse content.