Access best in class underwriting in profitable, diversifying line of business with a turnkey solution.
Euclid Mortgage currently represents a panel of high-quality (re)insurance carriers that are each rated either A (Excellent) or A- (Excellent) by AM Best, and several of whom are also rated A- (Strong) by S&P or A3 (Low Credit Risk) by Moody’s. These (re)insurers collectively have approximately $14 billion in assets, over $5 billion in surplus, and wrote approximately $7 billion in gross written premium in 2024.
If you are a (re)insurer interested in joining the Euclid Mortgage panel, please see below for information on the customized services Euclid Mortgage provides its carrier partners. If you would like to learn more, feel free to contact us.
Comprehensive Market Insight
- Information Advantage including MSA level viewpoints
- Insight from creator of modern mortgage risk transfer market and 75 years mortgage experience
- Advisory panel of mortgage market luminaries to inform macro risk environment
Underwriting & Operational Excellence
- Market leading analytics
- Depth of experience in deal structuring and execution
- Integrated view of portfolio dynamics and risk
Attractive & Sustainable Returns
- Access 100% of the existing mortgage reinsurance market
- Benefit from innovative and proprietary new offerings
- Generate attractive returns over the cycle
Carrier
Partner
Services
Information Advantage
- Multiple external information sources providing leading indicators of credit shifts
- Economic data at local MSA level (e.g., income, job quality, demographic, employment), mortgage data at time of rate lock, loan data at time of GSE acquisition
- Analyze current mortgage originations to anticipate trends 12-18 months prior to release of deal-specific data for GSE and MI transactions
- Diversified sources of housing market data, insights and trends, independent of GSE and MI counterparties
Macro Market Underwriting
- Euclid Mortgage’s three principals have over 75 years of mortgage credit experience.
- Contacts throughout the mortgage market ecosystem, including originators, servicers, GSEs, banks, investors, rating agencies, housing economists, asset managers, credit bureaus, real estate brokers, home builders, and insurers.
- Access to Euclid Mortgage Advisory Panel of housing and mortgage market luminaries to help assess overall market health
- Regular reporting on US housing economy
Risk Appetite and Strategy
- Euclid Mortgage helps Carrier Partners develop their mortgage risk appetite
- Quantify potential stress losses using both deterministic and stochastic analysis to establish a targeted PML
- Create actionable plan to maximize Carrier Partners’ profitability in light of PML, collateral and return constraints
Micro Deal Level Underwriting
- Perform loan level loss analysis using multiple models to generate a distribution of potential losses, required capital, and necessary premium to achieve accretive returns
- Assess marginal impact of transaction on existing portfolio to optimize portfolio mix across segments and products
- Benchmark key deal parameters against recent transactions, current and future market opportunities, and client-specified portfolio constraints
Portfolio Management
- Regular update of current portfolio against key performance benchmarks including total PML and ultimate risk-adjusted return
- Comparison of actual ceded premium, loss, profit and returns to projected and targeted results
- Specific recommendations for strategy adjustments to maximize the portfolio’s risk adjusted return in current market environment
