Chariot Reinsurance (Chariot Re), a newly established Bermuda-based Class E life and annuity reinsurance company, has ...

Chariot Reinsurance (Chariot Re), the Bermuda-based life and annuity reinsurance sidecar company launched by MetLife, Inc. in ...

MetLife, Inc., General Atlantic, and Chariot Reinsurance, Ltd. (Chariot Re), an independent Bermuda-based Class E life and annuity reinsurance company, today announced the completion of Chariot Re’s ...

The new entity is due to launch in the first half of 2025. Chariot Re will initially have more than $1bn in equity investment ...

It is expected that Chariot Re will be led by Cynthia Smith, a 30-year veteran of MetLife, who will serve as CEO. Most recently, Smith led MetLife’s Group Benefits Regional Business.

General Atlantic and MetLife say the new business, named Chariot Re, will have an initial equity commitment of over $1 billion and that they will each own 15% stakes.

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A spokesperson said, “Chariot Re is expected to launch in the first half of 2025 and will have a future strategic reinsurance partnership with MetLife.

Chariot Re, an independent Bermuda-based Class E life and annuity reinsurance firm launched with Co-Sponsorship by MetLife ...