News Reinsurance27 Nov 2019

Reinsurance:T&D and Carlyle Group buy majority stake in reinsurer

27 Nov 2019

Japan's T&D Holdings (T&D), a publicly listed insurance holdings company of T&D Insurance Group, and a newly created fund of global investment firm The Carlyle Group, have joined hands to acquire from AIG a 76.6% ownership interest in Fortitude Group Holdings. The acquisition price was approximately $1.8bn.

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