Erithmitic Launches Navigate Re, Unlocking $2.5B
New reinsurer marks major milestone as Erithmitic accelerates its alternative investment strategy
NEW YORK, May 1, 2025 /PRNewswire/ -- Erithmitic Inc. , a technology-driven alternative asset manager, today announced the official launch of its affiliated reinsurance entity, Navigate Re limited. This marks a significant milestone for Erithmitic, representing a strategic move to enhance its investment capabilities and solidify its position in the market. As its first reinsurance transaction completed, Navigate Re is already managing annuity premiums and will provide Erithmitic with up to $2.5 billion in long-term investment capacity over the next ten years.