Overview
Investment Manager
Blue Capital Management Ltd. (Blue Capital) is an investment management company, licensed by the Bermuda Monetary Authority, offering reinsurance-linked investment products to retail and institutional investors. Its partnership with Sompo International Holdings Ltd., a wholly-owned subsidiary of Sompo Holdings, Inc., provides a differentiated underwriting capability as well as significant scale and stability to the Blue Capital platform.
Reinsurance Manager
Blue Capital provides the management, administrative, underwriting and other services as well as operational infrastructure to Blue Water Re Ltd. (Blue Water Re). Through a shared services agreement, Sompo International provides support services, including modeling, pricing, claims, portfolio and risk management to Blue Water Re.
Reinsurance Company
Blue Water Re is an exempted company incorporated in Bermuda and is licensed and regulated by the Bermuda Monetary Authority as a special purpose insurer with an underwriting plan focused on providing fully collateralized reinsurance protection for the property catastrophe insurance and reinsurance markets.
Reinsurance Partner
Sompo International is a leading global specialty provider of property and casualty insurance and reinsurance and has operations in Bermuda, the United Kingdom, Continental Europe, Singapore and the United States. Sompo International maintains ratings of A+ (Superior) from A.M. Best (XV size category) and A+ (Strong) from Standard and Poor’s on its principal operating subsidiaries.
Partnership with Sompo International offers a number of advantages including:
- Underwriting expertise across a wide range of products with a proven, sophisticated approach to risk selection;
- Experience managing a global diversified portfolio of insurance and reinsurance products with a successful track record underwriting property catastrophe and short tail exposures since 2001;
- Dedicated analytics, risk management, claims and actuarial teams; and
- The robust operating infrastructure of an established global public company.