MetLife and General Atlantic Announce the Formation of Chariot Re

Item request has been placed! ×
Item request cannot be made. ×
loading   Processing Request
Read More Add to Saved list
  • Author(s): By:Media MetLife Dave Franecki 973-264-7465 Dave.Fran
  • Source:
    Business Wire, December 11, 2024, 4pp
  • Additional Information
    • Abstract:
      MetLife, Inc. and General Atlantic today announced the formation of Chariot Reinsurance, Ltd. ("Chariot Re"), a to be registered Class E Bermuda based life and annuity reinsurance company. Chariot Re is expected to launch in the first half of 2025 and will have a future strategic reinsurance partnership with MetLife. MetLife and General Atlantic anticipate Chariot Re will have an initial combined equity investment of over $1 billion, and that they will each initially own approximately 15% of the equity in Chariot Re...