Sompo International Established Blue Lotus Re Ltd. Special Purpose Vehicle

Sompo International completed the formation of reinsurance sidecar vehicle Blue Lotus Re Ltd.

• Capitalized with an initial $62 million of third-party investor capital
• Will provide collateralized capacity for Sompo International’s global CAT reinsurance portfolio
• Terms of the transaction were undisclosed

Blue Lotus Re Ltd. represents a key step in Sompo International’s third party capital strategy

• Further develops relationships with institutional ILS investor capacity

Sompo International is a global specialty provider of P&C insurance and reinsurance

• Headquartered in Bermuda with local presences in the U.S., the U.K., Europe, and Asia-Pacific
• Talented and experienced management team led by Chairman and CEO John Charman
• Excellent financial strength ratings of A+ (Superior) from A.M. Best and A (Strong) from S&P
• Part of Sompo Holdings, Inc., one of the largest P&C groups in the Japanese domestic market

TCMA acted as exclusive structuring and placement agent to Sompo International

• Provided advice through all stages of the process, driving an optimal outcome
• Leveraged the range of TigerRisk’s capital markets, reinsurance, and analytics capabilities
• Key transaction steps led by TCMA included:
  • Provided key structuring and portfolio modeling advice and insight
  • Selected, introduced and arranged meetings with participating investors
  • Offered key insight around transaction terms & conditions
  • Provided critical execution support in drafting of investor materials and deal documentation