Credit

Our credit business is dynamic, driven by our commitment to sophisticated risk selection, flexible capital management and long-term client relationships.

Our proven value proposition as an innovative, expert, cross-class underwriter sets us apart from our peers across the three pillars of our credit business. Additionally, the diversification benefit this three-pillar approach produces allows us to provide consistent, through-the-cycle capacity to our clients.

Building on 20+ years of experience, we have demonstrated our commitment to sustainable growth. Our market-leading team comprises experts from banking, broking, investing, law, and (re)insurance to deliver bespoke business solutions across all classes of credit risk. Our flexible capital options span our underwriting platforms in Australia, Bermuda, Ireland, the UK, the US, and Switzerland.

KEY CONTACT

RJ Shea

Global Head - Credit

Three pillars of our credit business:

  1. Credit, Bond & Political Risk – Best in Class
  • Political risk (Company/Lloyd’s markets)
  • Whole turnover trade credit
  • Surety
  • Project/asset backed finance
  1. Mortgage Credit – Market Leader
  • #1 reinsurer of US private mortgage insurers*
  • Single family and multifamily GSE credit risk transfer
  • Australian/European mortgage reinsurance
  1. Structured Credit – Innovator
  • Credit risk portfolios held by financial institutions
  • Low frequency, high severity portfolio risks
  • Largest unfunded Significant Risk Transfer participant

*Source: Dowling & Partners, 2024 Private Mortgage Insurance Outlook, January 8, 2024