Reinsurance News
Oceanview Re
Oceanview Re names Timothy Gasaatura as President & CEO
3rd September 2025
Oceanview Reinsurance Ltd. (Oceanview Re), a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Timothy Gasaatura as President and CEO. Gasaatura succeeds Stelian Dragan, who has chosen to relocate to the US after serving as President and CEO of Oceanview Re for the past three years. Since June 2024, Gasaatura ... Read the full article
Muhamed Majeed named Chief Actuary at Oceanview Re
28th January 2025
Oceanview Reinsurance Ltd., a subsidiary of Oceanview Holdings Ltd., has announced the appointment of Muhamed Majeed, F.S.A., F.C.I.A., as its Chief Actuary, effective 20 January 2025. In this role, Majeed will lead Oceanview Re’s actuarial operations, encompassing product development, pricing strategy, and risk management. With more than 15 years of experience in ... Read the full article
Oceanview Re promotes Stelian Dragan to President and CEO, Bermuda
22nd November 2024
Oceanview Reinsurance Ltd., the Bermuda-domiciled reinsurance subsidiary of Oceanview Holdings Ltd., has promoted Stelian Dragan to the newly created role of President and Chief Executive Officer (CEO) of its Bermuda operations, effective immediately. In the new role, Dragan will oversee Oceanview Re’s operations as it aims to deliver innovative reinsurance solutions ... Read the full article
Oceanview Re names Michael Ward as VP and CFO
2nd October 2024
Oceanview Reinsurance Ltd., the Bermuda-domiciled reinsurance subsidiary of Oceanview Holdings Ltd., has appointed Michael C. Ward as Vice President (VP) and Chief Financial Officer (CFO). His appointment follows Oceanview's recent expansion of its global reinsurance operations with the establishment of Oceanview Secure Reinsurance Ltd. in the Cayman Islands. In his new ... Read the full article
Oceanview Secure Re launches in the Cayman Islands
26th June 2024
Oceanview Holdings Ltd., a provider of annuities and reinsurance solutions, has established its new subsidiary, Oceanview Secure Reinsurance Ltd., in the Cayman Islands. The new subsidiary has been awarded a Class D Insurer's license by the Cayman Islands Monetary Authority (CIMA). This strategic expansion strengthens Oceanview's ability to deliver innovative reinsurance solutions ... Read the full article
AM Best upgrades Oceanview’s credit rating
9th November 2023
Global credit rating agency AM Best has upgraded Oceanview Holdings' Financial Strength Rating to “A”(Excellent) and its Long-Term ICR to “a” (Excellent) from "a-", and revised the outlook of these ratings from stable to positive. AM Best assesses the balance sheet of the Bermuda company as "very strong." Oceanview is the ultimate ... Read the full article
Ahwaz Chagani named CFO of Oceanview Re
3rd April 2023
Oceanview Reinsurance Ltd., a wholly-owned reinsurance subsidiary of Oceanview Holdings Ltd., has appointed Ahwaz Chagani as Vice President and Chief Financial Officer. A widened veteran across the industry, Chagani brings nearly 18 years of experience towards his new role. Chagani joined Oceanview Re in 2021, where he was named VP and ... Read the full article
Oceanview Re appoints Dragan as President and Chief Business Development Officer
13th April 2022
Bermudian firm Oceanview Reinsurance has appointed Stelian Dragan as President and Chief Business Development Officer, effective as of April 1 2022. Dragan is based in Hamilton, Bermuda and within his new role he will be responsible for directing the business development activities of Oceanview Re. He brings over 18 years of experience ... Read the full article
Oceanview Re Adds Ahwaz Chagani as Chief Actuary
1st October 2021
Bermudian firm Oceanview Reinsurance has announced the appointment of Ahwaz Chagani as Vice President and Chief Actuary. Chagani will be based in Bermuda and lead Oceanview Re’s actuarial organisation and all aspects of its risk management function. He brings over 15 years’ actuary experience to Oceanview Re and most recently served as ... Read the full article
Oceanview Re enters $1bn fixed annuity reserves transaction
24th December 2020
Oceanview Reinsurance Ltd., a recently established life reinsurer based in Bermuda, has entered into a transaction to assume approximately $1 billion of fixed annuity reserves from an A++ rated US life insurer which represents legacy fixed annuity business. The reinsurer is led by President and CEO Alberto Autmezguine, who previously served ... Read the full article
Oceanview life reinsurance start-up receives stable A- rating
14th November 2019
Oceanview Re, a recently established life reinsurer based in Bermuda, and its affiliate, Oceanview Life and Annuity Company, have received an A- (Excellent) Financial Strength Rating and an ‘a-‘ Long-Term Issuer Credit Rating from AM Best. The rating agency assigned a stable outlook to these ratings, noting the strong balance sheet ... Read the full article
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