Germany life reinsurance startup focused on asset-liability management raised $10m in Series A funding led by Anthemis Group.
Lucian Rautu and Michel Gauer, the founders of Balance Re, said: "We are delighted to welcome Anthemis and Global Brain in the capital of Balance Re and at the board. Their deep industry knowledge and capacity to take an "outside-the-box" approach to venture investments in the insurance space make them the perfect partners to disrupt the life reinsurance market."