Ocean Re News

Ocean Re Buys UK-Based Oceva Risk Solutions

Ocean International Reinsurance Co. Ltd. (Ocean Re), a Barbados-based reinsurer, announced it has acquired Oceva Risk Solutions Ltd., a London appointed representative that sources reinsurance, insurance, fronting and risk transfer business from the UK, Europe and internationally for the group. …

Ocean International Reinsurance Opens Representative Office in Mexico

Ocean International Reinsurance Co. Ltd. has opened a representative office in Mexico to be headed by Rebecca Peña. The office was opened in Feb. 19, 2018, after receiving regulatory approval from Mexico’s National Insurance and Bonding Commission on Sept. 26, …

Ratings Recap: Ocean Re, RoyalStar, Echelon

A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and an issuer credit rating of “a-” to Barbados-based Ocean International Reinsurance Company Limited, both with stable outlooks. Best said its ratings for Ocean Re are “based on …