Legacy firm Fortitude Re forms Bermuda reinsurer and buys US platform for growth
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Legacy firm Fortitude Re forms Bermuda reinsurer and buys US platform for growth

Legacy acquirer Fortitude Re has formed a new Bermuda multi-line reinsurer, Fortitude International Reinsurance (FIRL), as it aims to expand internationally.

Effective from 1 January 2022, FIRL will focus on reinsurance solutions for insurers domiciled outside the US.

The carrier also said it had completed its acquisition of Arizona-based Rx Life Insurance Company from Heritage Life Insurance Company on 3 January...

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