IHC Launches Global Reinsurance Platform Based In ADGM With Strategic Partner BlackRock
ReutersMay 9, 2025 5:22 AM
May 9 (Reuters) - INTERNATIONAL HOLDING COMPANY IHC.AD:
IHC LAUNCHES GLOBAL REINSURANCE PLATFORM BASED IN ADGM WITH STRATEGIC PARTNER BLACKROCK
PLATFORM WILL IMPLEMENT A BUY-AND-BUILD STRATEGY, TARGETING INITIAL LIABILITIES EXCEEDING $10 BILLION
INITIAL EQUITY COMMITMENTS ARE EXPECTED TO SURPASS $1 BILLION
LUNATE WILL ALSO BE A PARTNER IN THE NEW PLATFORM
NEW PLATFORM, YET TO BE NAMED, WILL PROVIDE CRITICAL UNDERWRITING CAPABILITIES, UNDERPINNED BY CUTTING-EDGE AI TECHNOLOGIES
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