ABOUT WATFORD RE
Watford Re Ltd. (“Watford Re”) is a global specialty insurer and reinsurer headquartered in Bermuda. Watford Re was capitalized in March 2014 with $1.1 billion, and is registered as a Class 4 insurer with the Bermuda Monetary Authority. Watford Holdings Ltd, the parent company of Watford Re, is publicly-traded under the ticker symbol "WTRE" on Nasdaq.
In 2015, Watford established insurance operations in Europe and the United States to provide specialty products and solutions to an expanded client base. Watford Re and its underwriting subsidiaries have earned an "A- (Excellent)" financial strength rating from A.M. Best Company and an "A" rating from Kroll Bond Rating Agency.
Our strategy partners us with best-in-class underwriting and investment managers to combine a diversified insurance business with a tailored investment portfolio. This strategy leverages the expertise and global distribution of our partners to enable us to offer innovative products at competitive terms to our clients while generating an attractive return over time for our shareholders.
Our underwriting operations are managed exclusively by subsidiaries of Arch Capital Group Ltd. ("Arch"). Arch is a leading global insurance and reinsurance company and is publicly traded under the ticker symbol "ACGL". Arch has invested $100 million in common shares of Watford Holdings.
A significant majority of Watford Re's investments are managed by HPS Investment Partners, LLC (“HPS”), a leading corporate credit investment platform headquartered in New York managing approximately $46 billion in fixed-income assets as year-end 2018. The remainder of our invested assets are held in investment grade fixed-income securities.
Board of Directors