Global Brain has made an investment in Balance Re, the life reinsurance start-up specialised in quantitative asset-liability management, through GB-VII Growth Fund Investment Limited Partnership (GB-VII).
Balance Re offers comprehensive reinsurance solutions to life insurance companies and pension funds to support capital management related to their retirement and saving products. The Series A investment will be used to further develop Balance Re’s proprietary asset-liability management technology and to support its fully licensed German reinsurance company based in Cologne.
In Balance Re’s launch market, Germany, Solvency II’s transitional measures represent on average ca. 150 percentage points of life insurers’ solvency capital ratios . Balance Re’s technology-first and data-driven approach to reinsurance instead enables its clients to release capital to fund growth, support product repositioning and improve (or regain) a competitive advantage. Thanks to real-time risk management capabilities, Balance Re is the first reinsurer able to offer to its clients easy-to-implement and cost-efficient reinsurance solutions which transfer the challenging interactions of financial and insurance risks.
Global Brain has decided to invest in Balance Re, as it sees huge potential and needs in quantitative asset-liability management and is impressed by Balance Re’s strong management team, unique approaches, and technologies. Global Brain will continue leveraging its resources to support Balance Re by assisting its collaborations with Asian corporates in Europe and its penetration into the Asian market in the future, including but not limited to building partnership/alliances with its potential clients.
About Balance Re
- Location
- Cologne, Germany
- Founders
- Lucian Rautu, Michel Gauer
About GB-VII
- Name
- GB-VII Growth Fund Investment Limited Partnership
- General Partner
- Global Brain Corporation
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January, 1998