as at 23 Oct 2026
Insurance Asset News
Reinsurance

Chariot Re raises $700m, taking launch funding above $2bn

By IAN Editorial Desk
News date: 2 September 2026Published 6 September 2026·1 min read
Primary source: investor.metlife.com

Chubb led the oversubscribed financing round alongside the platform’s existing sponsors.

Chariot Re’s latest financing takes the reinsurer’s funding since launch to more than $2bn. On Wednesday, the MetLife and General Atlantic-sponsored vehicle closed an oversubscribed third capital raise of about $700m in equity and debt financing, with Chubb identified as lead investor.

MetLife and General Atlantic also participated in the round. The oversubscription, together with backing from Chubb and repeat…

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