Fortitude re enters into p&c reinsurance transaction

Hamilton, bermuda--(business wire)--fgh parent, l.p., the ultimate parent company of bermuda's largest multi-line reinsurer (together with its subsidiaries, “fortitude re”), announces the execution of a p&c loss portfolio transfer reinsurance agreement between fortitude reinsurance company ltd. (“frl”) and jrg reinsurance company ltd. (“jrg re”), a subsidiary of publicly-traded james river group holdings ltd. (nasdaq: jrvr). under the agreement, frl is providing jrg re with up to $400 milli
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