Reinsurance News

F&G Reinsurance

Newly launched Ancient Financial to acquire Bermuda-based F&G Re

23rd February 2026

Ancient Financial, a newly established financial services company specialising in life and annuity reinsurance and asset management, has entered into a definitive agreement to acquire Bermuda-based life and annuity reinsurer F&G Re from a subsidiary of F&G Annuities & Life, with the business to be renamed Ancient Re upon closing. Ancient ... Read the full article

Fundamental Global aims to accelerate FG Re as capacity grows

17th January 2024

Fundamental Global Inc., the company that is being formed out of the merging of FG Financial Group, Inc. and FG Group Holdings Inc., expects to accelerate and grow its reinsurance business, FG Reinsurance (FG Re). This is according to Kyle Cerminara, CEO of the new Fundamental Global company, and Tom Heise, ... Read the full article

F&G agrees sale of Bermuda reinsurance subsidiary to Aspida Holdings

1st October 2020

US title insurance company, Fidelity National Financial, Inc. (FNF) and F&G, a provider of annuities and life insurance, have announced that F&G has reached an agreement to sell F&G Reinsurance Ltd (F&G Re) to Aspida Holdings Ltd., an indirect subsidiary of Ares Management Corporation. F&G Re is the Bermuda domiciled reinsurance ... Read the full article