Business Cave Logo
No Result
View All Result
Wednesday, May 18, 2022
  • Login
  • Register
  • NEWS
  • ECONOMY
  • BILLIONAIRES
  • INNOVATION
  • REAL ESTATE
  • LIFESTYLE
  • SPORTS
  • TECH
Subscribe
Business Cave
  • NEWS
  • ECONOMY
  • BILLIONAIRES
  • INNOVATION
  • REAL ESTATE
  • LIFESTYLE
  • SPORTS
  • TECH
No Result
View All Result
Business Cave
No Result
View All Result

OceanRE’s recent operations strengthen its assets and position in the reinsurance sector

by Business Cave
April 20, 2022
in Finance
0
OceanRE’s recent operations strengthen its assets and position in the reinsurance sector
Share on FacebookShare on Twitter

“To be the most attractive, profitable and well-managed reinsurance company in the region”, that’s the vision that the reinsurance company OceanRE has set for itself since the beginning of its trajectory. Moreover, within its plan to expand the overall commercial coverage of its activities, this reinsurance benchmark has reached and conquered more than 40 new markets in recent years thanks to its complete strategy of: complementary merger, capitalization and the group reorganization operations.

New merges bring forward new opportunities

With months of effort from the teams involved, it was possible to achieve OceanRE’s remarkable strategic mergers with the companies Energy Risk Re (ERIRE) and with Quantum Dao. These achievements reflected the great progress made by OceanRE, following the plan to fortify the balance sheet of its operations, expand the teams and the client portfolios, branch out to new markets and extend its reinsurance line of business in new geographic areas.

With the completion of these multi-transactional agreements, OceanRE’s original shareholders will continue to have a significant percentage of equity participation and also to be deeply involved and committed to the management and operation in search of the group’s success in future projects. Carlos Chamorro, OceanRE’s current global executive director and chief operating officer, raised the expectations of the results acquired from the merger operations for both the companies and their clients, establishing the creation of a stronger and more modern work group with great experience, coverage and products.

Ocean International Reinsurance Company Limited, better known as OceanRE, has built its professional career on the principle of turning value into risk. The group is a well-known reinsurance company that provides quality services to its clients through innovative and optimal risk transfer programs, as well as the consolidation of activities in which its collective experience and proven profitability play a decisive role.

About the continued and profitable growth of OceanRE

Since the group incorporation within the framework of the International Business Law in 2006, OceanRe has been in the direction of creating and sharing knowledge regarding business risk management, internal control and the fight against fraud, applying the establishment of a strong corporate governance, a well-defined risk policy and the use of internal committees challenging the sustainability faced by companies and society.

Nowadays, OceanRE is a reinsurance company licensed as a class 2 insurance company with a notable orientation towards the non-CAT P&C business segments. This is where the group continues to serve a solid insurance and reinsurance legislation under supervision and with an international business environment necessary to improve the reliability of its operations. “Always committed to discipline, transparency and consistency in underwriting and claims, with experience anytime, anywhere” is how the reinsurer sets out its mission.

In addition, the company is still regulated by the Barbados Financial Services Commission (FSC) and has gone on to build an increased wealth of over $110 million. Currently, it is headquartered in Barbados and offers a diversified mix of products in 84 strategically identified market countries in territories such as Latin America, the United Kingdom, other countries in Europe, Asia and Africa. OceanRE as of today also has offices, representations and agents in Barbados, Panama, Mexico City, London and soon in Colombia.

Previous Post

6 Ways Your Car Can Benefit From Advanced Engine Technology

Next Post

4 Benefits Of Buying a Franchise and Do You Need Experience To Run One?

Related Posts

Top Investment Strategies That Will Lead To Financial Success
Finance

Top Investment Strategies That Will Lead To Financial Success

May 17, 2022
How To Invest Your Savings Abroad
Finance

How To Invest Your Savings Abroad

May 5, 2022
Can You Rent a Car Without a Credit Card? Yes! Here's How
Finance

Can You Rent a Car Without a Credit Card? Yes! Here’s How

May 8, 2022
Next Post
4 Benefits Of Buying a Franchise and Do You Need Experience To Run One?

4 Benefits Of Buying a Franchise and Do You Need Experience To Run One?

Please login to join discussion
  • Trending
  • Comments
  • Latest
Best RapidGator Premium Link Generator 2021

Top 5 RapidGator Premium Link Generator Working Right Now For 2021

August 19, 2021
avast driver updater registration key list

Latest [ Updated ] Avast Driver Updater Key || Activation Key || License Key List

July 16, 2021
CocoLeech – Best Rapidgator Premium Link Generator

CocoLeech Premium Link Generator Working Right Now (4 Steps)

June 24, 2021
Premium Leech – Best Rapidgator Premium Link Generator

Premium Leech Premium Link Generator Working Right Now (6 steps)

June 24, 2021
Why you should have a good book cover design

Why you should have a good book cover design

0
CocoLeech – Best Rapidgator Premium Link Generator

CocoLeech Premium Link Generator Working Right Now (4 Steps)

0
Deepbird – Best Rapidgator Premium Link Generator

Deepbrid Premium Link Generator Working Right Now (8 Steps)

0
Premium Leech – Best Rapidgator Premium Link Generator

Premium Leech Premium Link Generator Working Right Now (6 steps)

0
Why you should have a good book cover design

Why you should have a good book cover design

May 17, 2022
Estate Planning: A 7-Step To Ensure a Successful Estate Plan

Estate Planning: A 7-Step To Ensure a Successful Estate Plan

May 16, 2022
The Most Famous Bestsellers Amongst Video Games

The Most Famous Bestsellers Amongst Video Games

May 16, 2022
An Overview of Golden Visa Investor Programs

An Overview of Golden Visa Investor Programs

May 17, 2022

Recent Posts

  • Why you should have a good book cover design
  • Estate Planning: A 7-Step To Ensure a Successful Estate Plan
  • The Most Famous Bestsellers Amongst Video Games

Site Navigation

  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Sitemap
Business Cave

Welcome to Business Cave USA, the USA edition of Business Cave (BC) - the fastest growing business news website around the globe. We hope you enjoy the site!

  • Home
  • About
  • Contact Us
  • Privacy Policy
  • Disclaimer
  • Sitemap

© Copyright 2021 - 2022 businesscave - Made With Love In USA. All rights reserved.

No Result
View All Result
  • About
  • Business Cave: Latest News; Updates on Technology, Billionaires, Finance, Money, Careers, Jobs, Politics, Life. Sports.
  • Cart
  • Checkout
  • Contact Us
  • Disclaimer
  • My account
  • Privacy Policy
  • Shop

© Copyright 2021 - 2022 businesscave - Made With Love In USA. All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In