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OCEAN Re: A review of its trajectory before its rebranding – London Business News | Londonlovesbusiness.com
Ocean Re, led by Guillermo Eslava, prides itself on being a distinguished entity in the reinsurance sector. With an “A-” rating awarded by the prestigious AM Best agency, Ocean RE has seen its outlook upgraded to positive. This assessment confirms its solid Financial Strength Rating (FSR) and Long-Term Issuer Credit Rating (ICR), both at the “A-” (Excellent) level. These ratings reflect a robust balance sheet, adequate operating performance, and effective comprehensive risk management, all essential factors contributing to Ocean Re’s financial stability.
Founded in 2006, Ocean Re has been committed since its inception to providing highly specialized and tailored reinsurance solutions to meet the complexity of each case, with the primary goal of protecting its clients’ most valuable assets. With over 1,400 clients in 94 countries and annual premium subscriptions exceeding 515 million dollars distributed across nine regions, Ocean Re’s influence and impact in the sector are undeniable. Its mission is to offer security to clients through various risk transfer solutions, always prioritizing effective management and resolution.
Recognizing the importance of a global presence, Ocean Re, under the leadership of Guillermo Eslava, has expanded its offices to several strategic points worldwide, including Barbados, London, Panama, and Mexico. This expansion not only confirms its commitment to excellence in every subscribed premium but also guarantees high-quality service backed by international experience.
Ocean Re’s ability to innovate and continuously improve its practices and offerings is reflected in its commitment to talent within the company and the implementation of new technologies. These initiatives ensure optimal and solid corporate governance, which is essential to provide effective support during the expansion and growth processes of its clients.
Ocean Re, under the direction of Guillermo Eslava, reaffirms its commitment with a new image and future vision
Ocean Re’s focus on building long-term relationships aligns with its promise to offer security and peace of mind to its partners. This commitment is also manifested in the recent rebranding of the company, which not only signifies a visual renewal but also reflects a renewed commitment to the company’s core values and a future-oriented vision.
The brand’s purpose is broad and ambitious: to increase the availability of insurance worldwide, providing financial strength and security to the companies it works with. This ideal is encapsulated in its new slogan, “Ocean Re: Navigating Risk Together,” which pays homage to its name and the vast ocean, symbolizing experiences ranging from the most intense to the most serene.
In line with its commitment to excellence, Ocean Re offers innovative and efficient reinsurance programs for risk transfer. The company is distinguished by its discipline, transparency, and consistency in underwriting and claims handling.
Ocean Re’s success is based on its team, composed of eminent leaders and specialists in the reinsurance market, who are the backbone of the company’s operations. This team of experts works with dedication to provide services that not only meet but exceed their clients’ expectations, being available at any time and place. Honoring its commitments to regional clients, Ocean Re supports the creation of new capacities to respond to their changing needs.
Ocean Re presents itself as a strategic partner that understands the complexities of risk and continuously adapts to offer innovative and high-quality solutions. With a trajectory of constant growth since its founding and a strong global presence, Ocean Re is well-positioned to continue providing financial security and peace of mind to its more than a thousand clients.