May 9 (Reuters) - INTERNATIONAL HOLDING COMPANY IHC.AD:
IHC LAUNCHES GLOBAL REINSURANCE PLATFORM BASED IN ADGM WITH STRATEGIC PARTNER BLACKROCK
PLATFORM WILL IMPLEMENT A BUY-AND-BUILD STRATEGY, TARGETING INITIAL LIABILITIES EXCEEDING $10 BILLION
INITIAL EQUITY COMMITMENTS ARE EXPECTED TO SURPASS $1 BILLION
LUNATE WILL ALSO BE A PARTNER IN THE NEW PLATFORM
NEW PLATFORM, YET TO BE NAMED, WILL PROVIDE CRITICAL UNDERWRITING CAPABILITIES, UNDERPINNED BY CUTTING-EDGE AI TECHNOLOGIES
Further company coverage: IHC.AD
((Reuters.Briefs@thomsonreuters.com;))