Ability to support mortgage credit on a global basis
Access to the Lloyd’s marketplace through our Syndicate 1686
Capability to support various structure types on a quota share and excess of loss basis
In the post 2008 financial crisis environment, GSE credit risk transfer (CRT) issuance is expanding, and with it, the demand for highly rated counterparties. We have witnessed an increase in new, innovative mortgage reinsurance solutions—in particular, growth in demand from the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac as well as CRT transactions, carried out through Freddie Mac's ACIS and Fannie Mae's CIRT structures.
We are also active participants in the U.S. private mortgage insurance space and support various structure types on a quota share and excess of loss basis. AXIS Re has resources around the world and will participate globally.
The focus of AXIS Re's mortgage team is on the U.S. mortgage market, although opportunities in other regions will be considered on an opportunistic basis. And, as a participant in the Lloyd's market, we offer our cedents the assurance that we are a top-rated, global reinsurer.