Fortitude Re executes $400mn James River LPT deal
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Fortitude Re executes $400mn James River LPT deal

Eileen AJ Connelly
March 03, 2022
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James River Fortitude Re logo Bermuda.jpg

Fortitude Re said on Thursday it has executed a P&C loss portfolio transfer (LPT) reinsurance agreement announced by James River Group earlier this week to provide up to $400mn of aggregate reinsurance to the Bermuda carrier’s JRG Re division.

JRG Re ceded around $335mn of liabilities from business written between 2011 and 2020 to Fortitude Re, a unit of FGH Parent LP.

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Topics

NewsJames RiverTreaty Reinsurance
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Eileen AJ Connelly
Contributing Editor
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