AI‑Powered “RIQ” Sets New Reinsurance Benchmark

The IHC based in Abu Dhabi, in collaboration with Blackrock and Lunate, has launched the reinsurance intelligence quotient -riq -A global and native reinsurance platform based in the global market of Abu Dhabi. Anchored for more than US $ 1 billion in initial capital, RIQ aims to subscribe more than US $ 10 billion in liabilities, voltage property and victims, life and specialized lines.

The platform unites human talent with advanced artificial intelligence for risk selection, cost control, subscription and customer service. Its IA core provides real information and precision decision making, seeking to optimize capital implementation on a global scale. Registered with the ADGM Financial Services Regulatory Authority, RIQ is in the final stages of ensuring a complete regulatory approach.

The Board of Directors, chaired by Dr. Sultan Ahmed al Jaber, includes remarkable figures such as Syed Basar Shueb, Mohamed Hassan Alsuwaidi, Sofia Abdellatif Lasky and the CEO of Riq Mark Wilson, former leader of Aviva and AIA. The governance structure positions Riq to balance the regional experience with the global vision, taking advantage of its strategic partners.

The initiative is based on a May Plan presented by IHC, Blackrock and Lunado to establish a reinsurer with AI power that is directed to US $ 10 billion in liabilities with more than US $ 1 billion in capital. Blackrock will contribute its technology and insurance asset management services in Aladdin, while Lunate brings investment capacities in the public and public market.

The IHC CEO, Syed Basar Shueb, has emphasized the role of the company in the acceleration of the ecosystems of the insurance market and the capital market of Abu Dhabi and the broader region. “Riq is the incarnation of IHC’s vision to invest in the next border of global financial services,” Shueb was. Meanwhile, the CEO of Riq, Mark Wilson, described the platform as a purpose built for a changing market, speed of combination and flexibility backed by Deep Capital.

Dr. Al Jaber, who also serves as the Minister of Industry of the EAU and advanced technology, said the platform should “connect global capital with high growth markets, all from the heart of the prosperous financial center of Abu Dhabi.” This reflects a broader strategic impulse of Abu Dhabi to position itself as a center for innovative financial services and offers promoted by AI.

Analysts have observed that Riq’s native architecture could challenge traditional reinsurance models, where inherited systems often hinder the precision of real -time prices and capital efficiency. With the global risk landscapes that evolve due to climate change, cyber threats and geopolitical instability, the deployment of AI in subscription and risk transferors a remarkable change in industry standards.

Industry commentators point out that IHC, and one of the largest investment houses in the region, continues to accelerate its diversification strategy, adding reinsurance to its growing portfolio that covers technology, energy, real estate, medical care and food. Its ability to gather more than US $ 455 billion in assets and maintain strict ties with the ruler of Abu Dhabi adds strategic depth to the RIQ capital and governance framework.

Key trends that mark this launch include the convergence of finance and hemorrhage technology – edge, a stronger regional emphasis on insurance capacity and high geopolitical importance of financial resistance. Riq is ready to capitalize on this development, channeling the global capital to emerging markets, while establishing Abu Dhabi as an upcoming general center of financial innovation.