Erithmitic, a technology-driven alternative asset manager, recently launched its affiliated reinsurance entity, Navigate Re, which is set to provide the firm with up to $2.5 billion in long-term investment capacity over the next ten years.
Initially announced in April 2025, Navigate Re is a Guernsey-domiciled Category 6 Special Purpose Entity that officially launched in the first quarter of 2025 after receiving regulatory approval from the Guernsey Financial Services Commission (GFSC).
The new reinsurer marks a significant milestone for Erithmitic, representing a strategic move to expand its investment capabilities and strengthen its market position.
Atit Jariwala, Co-Founder and CEO of Erithmitic, said, “This launch is a foundational step in Erithmitic’s mission to reshape how capital is invested.
“Navigate Re enables us to align short to mid-term liabilities with high-quality private credit and structured opportunities, creating investment returns for our partners.”
Navigate Re is strategically positioned to meet growing demand for reinsurance solutions in the life and annuity sectors. Its first reinsurance deal reflects strong confidence in Erithmitic’s investment approach and lays the groundwork for future transactions.
Solomon Garber, Co- founder and CIO, added, “This structure brings together the best of reinsurance and investment management.
“By pairing insurance liabilities with differentiated, technology-enabled investment capabilities, we believe Navigate Re can deliver value to both policyholders and investors.”
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