Press releases - back to news. Fortitude Re Donates $20,000 to OUTBermuda to Advance LGBTQ+ Inclusion and Bermuda Pride PUBLISHED ON HAMILTON, Bermuda - July 7, 2026 - Fortitude Re today announced a $20,000 donation to OUTBermuda through its Fortitude Re 4 Good community partnership program, reaffirming the company's longstanding commitment to inclusion and its continued support of Bermuda Pride. The contribution includes Fortitude Re's annual Rainbow sponsorship of Bermuda Pride, as well as support for OUTBermuda's educational programming and advocacy initiatives throughout the year. The partnership is supported by Fortitude Re's PRIDE Employee Resource Group, which helps advance inclusion and belonging within the company while strengthening engagement with Bermuda's LGBTQ+ community. As part of its commitment to the organization, Fortitude Re employees volunteered at the Bermuda Pride Parade held on July 4, where the company hosted a community tent providing water, cooling fans and other resources for parade participants and attendees. "At Fortitude Re, we believe strong communities are built through inclusion, education, advocacy and the commitment to ensure every person feels seen and supported," said Alon Neches, Chief Executive Officer of Fortitude Re. "OUTBermuda's work reflects many of the same principles that guide our commitment to the communities where we live and work. We are honored to support OUTBermuda's mission and the positive impact the organization continues to make across Bermuda." "We are deeply grateful to Fortitude Re for once again standing with the LGBTQ+ community through their generous sponsorship of Bermuda Pride," said Joshua Samuels, Executive Director of OUTBermuda. "Pride creates vital space for LGBTQ+ people in Bermuda to feel seen, valued, safe, and celebrated, and this support also helps fund OUTBermuda's year-round programmes, advocacy, and community work. Fortitude Re's consistent support, year after year, reflects the values they bring to their workplace and sends an important message about the kind of inclusive Bermuda we can build together." Fortitude Re's support of OUTBermuda reflects the company's broader commitment to strengthening the communities in which its employees live and work. Through the Fortitude Re 4 Good program, the company partners with organizations that create meaningful, lasting impact through initiatives focused on education, inclusion, wellbeing and community engagement. About Fortitude Re Fortitude Re refers to FGH Parent, L.P. and its subsidiaries. Fortitude Re is a leading global reinsurer with more than $100 billion in reserves. Backed by world-class investors, including Carlyle and T&D Insurance Group, Fortitude Re combines deep expertise, disciplined execution, and a strong capital base to help clients navigate significant risk and capital challenges. Powered by a people-first culture that attracts, develops, and retains top industry talent, the company delivers innovative, tailored solutions that create lasting value for clients, partners, and policyholders. For more information, visit fortitude-re.com and follow Fortitude Re on LinkedIn. About OUTBermuda OUTBermuda is Bermuda's only charity dedicated to LGBTQ+ people. The organization is working toward creating a Bermuda where LGBTQ+ people are seen, valued and supported. Through advocacy, education, community programs and partnerships, OUTBermuda promotes the wellbeing, dignity, safety and inclusion of Bermuda's LGBTQ+ community. For more information, visit outbermuda.org. Media Contact: Isabela Shay 860-510-1921

Fortitude Re's formation and launch of Fortitude Carlyle asia reinsurance, ltd. Conyers advised FGH parent, L.P. ("FGP", and together with its subsidiaries, "Fortitude Re") in connection with the structuring, formation and launch of Fortitude Carlyle asia reinsurance, ltd. ("FCA Re"), and its affiliated holding entities. Fortitude Re, a leading global reinsurance company, partnered with global investment firm Carlyle (NASDAQ: CG) to form FCA Re as a Bermuda-based Class E reinsurance sidecar, to support Fortitude Re's strategic expansion into the Asian life and annuity market. FCA Re has secured over US$700 million in deployable capital, including equity and expected debt capacity. In addition to Fortitude Re and Carlyle, equity commitments were made by a consortium of institutional investors including T&D Insurance Group, AllianceBernstein, Shinhan Life, and the National Pension Service of Korea (NPS). Fortitude Re will act as the insurance sponsor, while Carlyle will serve as the asset management sponsor. Upon full capital deployment, FCA Re is expected to contribute approximately US$10 billion in fee-earning assets under management to Carlyle. The Conyers team led by Jacqueline King advised on all aspects of Bermuda law and regulation relating to the structuring of FCA Re, the capital raised through both equity and debt financing, and obtaining the licensing and transaction related approvals to ensure FCA Re was licensed to reinsure initial flow and block reinsurance transactions from Fortitude Re related to whole-life products and fixed annuity products. Director Jacqueline King, Senior Associates Alexis Haynes and Kathleen McBeath, and Associates Jacari Brimmer-Landy and Ryann Hollis provided Bermuda law advice on this matter, working alongside Debevoise & Plimpton LLP. Partner Anna-Lise Wisdom and Associate Farrah Miller provided Cayman Islands law advice.