Zurich-based Swiss Re and RIQ have signed a MoU to develop and scale capacity solutions, risk origination opportunities, and AI-enabled capabilities in the UAE.
Headquartered in the ADGM, RIQ is an AI-native reinsurance platform integrating artificial intelligence and advanced analytics to improve underwriting accuracy, capacity deployment, and investment management.
RIQ was launched in June 2025 by IHC, in partnership with BlackRock and Lunate.
The MoU was announced during Abu Dhabi Finance Week (ADFW) 2025.
It establishes a framework for the two firms to pursue joint initiatives across capacity, risk, and technology.
The collaboration extends Swiss Re’s engagement in the UAE and supports exploration of advanced risk transfer solutions, institutional investment vehicles, and other avenues for value creation.
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.”
Andreas Berger, Group CEO of Swiss Re, said:
“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 innovation drive and vibrant insurance market, we can explore novel risk-transfer instruments.”
Featured image credit: Swiss Re
