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Chariot Re completes first reinsurance transaction covering Japanese liabilities

Chariot Reinsurance, Ltd., the Bermuda-based Class E life and annuity reinsurer co-sponsored by MetLife and General Atlantic, has successfully completed its fourth reinsurance transaction since its launch in July 2025, and its first covering Japanese liabilities. Effective 30 September 2026, Chariot Re entered into a retrocession agreement with MetLife Reinsurance Company of Hamilton Ltd., a…

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Flood Re sets out plans for UK-wide flood resilience information platform

Flood Re, a joint initiative between the UK government and the insurance industry designed to improve access to affordable flood insurance for households at risk, has announced plans to expand BeFloodReady into a national platform dedicated to flood resilience. The company intends to develop the platform into a central online resource offering reliable information, practical…

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