Swiss Re and Reinsurance Intelligence Quotient (RIQ) have entered into a strategic partnership to develop new capacity solutions, enhance risk origination, and build artificial intelligence (AI)-driven capabilities in the United Arab Emirates (UAE). The agreement is expected to expand Swiss Re's involvement in the UAE and support Abu Dhabi's position as a center for reinsurance and financial innovation.
The collaboration is based on Swiss Re’s data infrastructure and experience with AI. RIQ, which was launched in June 2025 by International Holding Company (IHC) together with BlackRock and Lunate, operates from Abu Dhabi Global Market (ADGM). RIQ focuses on creating an AI-native reinsurance platform that uses advanced analytics to improve underwriting, capital deployment, and investment management.
Both companies plan to work together on developing capacity solutions while also exploring further areas of cooperation over time.
Swiss Re Group Chief Executive Officer Andreas Berger stated: "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."
Mark Wilson, CEO of RIQ, added: "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."
Swiss Re is one of the largest global providers of reinsurance services. The company manages various types of risks such as natural disasters, climate change effects, demographic shifts like ageing populations, as well as cyber threats. Founded in Zurich in 1863, Swiss Re operates worldwide through about 70 offices.
RIQ was established in 2025 with backing from IHC along with BlackRock and Lunate. It aims to serve international markets beginning with regions experiencing rapid growth across the Middle East and Asia. The company has received initial regulatory approval from ADGM’s Financial Services Regulatory Authority (FSRA), which allows it to move closer toward full operational status. RIQ intends to offer property & casualty as well as life reinsurance products using intelligent risk assessment tools combined with global capital resources.