News | 14 May 2026 Back
Ocean Reinsurance International (Ocean Re), a company specialized in reinsurance solutions for emerging markets, is pleased to announce the official opening of its Representative Office in Bogotá, a strategic milestone that coincides with the celebration of its 20th anniversary in the global reinsurance industry.
This dual achievement reflects the organization’s sustained growth, long-term vision, and strong commitment to expanding its presence in Latin America. The new office, located in the North Point building, Tower E, will allow Ocean Re to operate closer to its clients and local brokers, accelerate response times, and expand the reach of its technical capabilities within the Colombian market.
“The opening of our office in Bogotá represents a key step forward in a year that is especially meaningful for Ocean Re. Celebrating two decades in the reinsurance industry reaffirms our commitment to technical excellence, innovation, and the development of long-term relationships across Latin America,” said Guillermo Eslava, Group CEO of Ocean Re.
Ocean Re’s operations in Colombia will focus on three strategic pillars:
- Strengthening relationships with local insurers and brokers through closer and more consistent engagement.
- Delivering tailored reinsurance solutions designed to meet the needs of a dynamic and evolving market.
- Supporting the sector on technical and regulatory matters, incorporating best practices in comprehensive risk management.
“Establishing a local presence, precisely as we celebrate our 20th anniversary, reinforces our vision of proximity, specialized service, and sustainable growth,” stated Javier Duque, Legal Representative of Ocean Re’s Representative Office in Colombia.
About Ocean Re
With more than two decades of experience, Ocean Re operates from Barbados, Panama, Mexico, and London, serving clients across the Americas, Europe, MENA, and Asia. The company follows an agile and dynamic operating model designed to deliver innovative solutions supported by an A (Excellent) rating from AM Best and an A- rating from Fitch Ratings. Ocean Re provides reinsurance support across key lines including Life, Health, Property, Casualty, Surety, Financial Lines, and other specialized risks, through facultative placements and treaty reinsurance programs.