Fidelity Investments forms retail annuities and pension risk transfer focused reinsurer

July 18, 2023 by Luke Galin

US investment giant Fidelity Investments has formed Soteria Reinsurance Ltd., a newly incorporated Class C insurer registered in Bermuda that will focus on the US retail fixed annuities and pension risk transfer space.

On June 20th, 2023, Soteria Re, which is owned directly by Soteria Reinsurance Holdings, LLC, a wholly owned subsidiary of Fidelity Management & Research Company LLC, was registered with the Bermuda Monetary Authority as a Class C insurer.

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Originally Posted at Reinsurance News on July 17, 2023 by Luke Galin.