Abu Dhabi Launches $1B AI-Powered Global Reinsurance Platform with BlackRock and Lunate
- New global reinsurance platform to be headquartered in Abu Dhabi Global Market (ADGM) to serve global markets with focus on accelerating growth of insurance and capital markets ecosystem.
- Backed by over $1 billion in initial equity commitments; targeting $10 billion in liabilities.
- AI-native approach at the core of the reinsurance platform to enhance data and market analytics, and optimize capital efficiency.
- Enabled by a strategic partnership with BlackRock, who will deliver best-in-class asset management, advisory and technology capabilities.
Abu Dhabi, UAE – 09 May 2025:
IHC, a global investment company focused on building dynamic value networks, is excited to announce plans to establish a new AI-driven reinsurance platform headquartered in the Abu Dhabi Global Market (ADGM). This new platform, yet to be named, will provide critical underwriting capabilities, underpinned by cutting-edge AI technologies, to help accelerate the rapid growth in the Gulf region and support the continued evolution of regional capital markets.