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Swiss Re and RIQ Partner to Advance Risk Transfer Powered by Data and AI
Swiss Re and RIQ have signed a Memorandum of Understanding (MoU) to develop and scale innovative capacity solutions, risk origination opportunities and AI-enabled capabilities across the UAE.
RIQ was launched in June 2025 by global investment company IHC, in partnership with BlackRock and Lunate. Headquartered in the Abu Dhabi Global Market (ADGM), RIQ is building an AI-native reinsurance platform that integrates AI and advanced analytics to improve underwriting accuracy, capacity deployment, and investment management.
Swiss Re and RIQ will collaborate on developing capacity solutions and explore broader areas of cooperation over the medium and long term.
Swiss Re’s Group Chief Executive Officer Andreas Berger said: “This collaboration builds on Swiss Re’s deep risk expertise, strong data foundation and early adoption of AI. Together with RIQ, we aim to realise an AI-native reinsurance platform and further strengthen our engagement in this dynamic region. By combining our joint capabilities with the region’s strong innovation drive and vibrant insurance market, we can explore novel risk-transfer instruments, creating new ways to support our clients through peak risks.”
RIQ’s Chief Executive Officer Mark Wilson said: “Swiss Re brings unparalleled expertise and a shared belief in what reinsurance can become when capital, data, and technology converge. Together, we aim to accelerate the development of AI-native infrastructure and structured reinsurance solutions tailored to the evolving needs of the market.”
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