New Ocean Capital Management

The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is a one-stop resource for information on insurance or reinsurance linked investment managers and their ILS fund strategies.

New Ocean Capital Management - Snapshot:

  • ILS manager or company name: New Ocean Capital Management
  • Location (HQ / Domicile): Bermuda
  • Date of launch: Jul 2013
  • Assets under management: $600 million (Commitments for the 2018 year)
  • Website link: New Ocean Capital Management website

New Ocean Capital Management - Details

Company profile:

New Ocean is a Bermuda-based asset manager, founded by XL Group and Stone Point Capital in 2013, to provide unique access to the traditional (re)insurance market, the collateralized reinsurance market and the reinsurance capital markets.

New Ocean’s ownership structure allows them to satisfy the emerging investor appetite for growth opportunities across multiple (re)insurance risk classes, including property catastrophe reinsurance. They are supported by XL’s insights, risk management, analytics, accounting and other operational support services.

New Ocean launched with over $130 million of initial investment capital provided by XL Group and Stone Point Capital.

During 2016 Mitsui & Co. acquired a stake in New Ocean while subsequently committing additional capital.


The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is provided as-is. Best efforts are made to ensure the contents are accurate at the time of publication but there may be some omissions. Please contact Artemis should you require a change to your listing.

Go back to the Insurance-Linked Securities Investment Managers & Funds Directory

The Artemis Insurance-Linked Securities Investment Managers & Funds Directory is copyright © Steve Evans Ltd. Reproduction, copying or publication without permission is not permitted. Use of this information within a commercial product, or for profit, without a license is strictly prohibited. Contact us if you would like to use this content or to discuss licensing.

The Content does not constitute an offer, solicitation or recommendation to acquire or dispose of any investment or to engage in any other transaction. It is the responsibility of the individual user to consider his legal and regulatory position in the relevant jurisdiction, the risks associated with trading such products and to ensure that the use of the Content and the subsequent making of any investment does not contravene any such restrictions or applicable laws and regulations of any jurisdiction.

Jardine Lloyd Thompson Capital Markets

Credit Suisse Insurance Linked Strategies
Twelve Capital