Reinsurance News
Chariot Re
MetLife & General Atlantic-backed Chariot Re complete second reinsurance deal
7th January 2026
Chariot Re, an independent Bermuda-based life and annuity reinsurance company, has announced the completion of its second reinsurance transaction. The agreement, signed with Metropolitan Tower Life Insurance Company, a Nebraska-based affiliate of MetLife, covers a significant block of whole life insurance liabilities. Under the terms of the transaction, MetLife’s commitment to its ... Read the full article
Andrew Preston to serve as Chariot Re CFO
1st October 2025
Chariot Re, a Bermuda-based Class E life and annuity reinsurance company, has appointed Andrew Preston as its Chief Financial Officer (CFO), effective October 1st, 2025. Co-sponsored by MetLife and General Atlantic and backed by Chubb and other investors, Chariot Re launched earlier this year with an initial combined equity investment ... Read the full article
Chariot Re appoints Reena Pally as Chief Investment Officer
27th August 2025
Chariot Re, a newly established Bermuda-based life and annuity reinsurance company, has appointed Reena Pally as Chief Investment Officer, effective 1st September 2025. Chariot Re launched in 2025 with co-sponsorship from MetLife and General Atlantic. The two firms revealed that Chariot Re has an initial combined equity investment of over ... Read the full article
MetLife & General Atlantic to launch Chariot Re in 2025
11th December 2024
MetLife, Inc. and General Atlantic have revealed the formation of Chariot Reinsurance, Ltd. (Chariot Re), a to-be-registered Class E Bermuda-based life and annuity reinsurance company. Cynthia Smith, a 30-year veteran of MetLife, is expected to lead Chariot Re as CEO. Meanwhile, Toby Srihiran Brown, MetLife's Global Head of Reinsurance, and Graves ... Read the full article
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