Fortitude Re executes $400mn James River LPT deal
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Fortitude Re executes $400mn James River LPT deal

Eileen AJ Connelly
March 03, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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.

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News James River Treaty Reinsurance
Eileen Connelly.png
Eileen AJ Connelly
Contributing Editor
Gift this article