Capital Markets
Our attorneys have advised in connection with insurance capital markets products and capital raising transactions based on insurance products, such as:
- Securitizations of life and annuity policies;
- Catastrophe bond and sidecar offerings covering risks relating to hurricanes and other natural disasters, including multi-peril structures;
- Indexed notes linked to various forms of insurance product exposure, such as residual values, closed block or embedded values, property and mortgage insurance risk, and weather risk;
- Indexed notes designed for segregated insurance account investors;
- Derivatives and futures transactions relating to property loss indices;
- Life insurance premium financing programs, including complex collateralized structured premium finance programs;
- Life settlement securitization transactions;
- Life and annuity securitizations; and
- Regulatory capital (Triple X and Rule 144A surplus note) offerings for insurance companies.
M+A and Other Fundamental Transactions
Our attorneys also advise insurance companies and their affiliates, on other transactional matters, including:
- Acquisitions and dispositions of insurance companies and other regulated entities;
- Acquisitions and dispositions of active insurance business lines, including variable annuity, reinsurance and monoline operations;
- Acquisitions and dispositions of insurance industry service businesses, including retirement and investment service operations;
- Acquisitions and dispositions of closed blocks;
- Implementation of runoff programs for designated business lines;
- Establishing Bermuda, Cayman and Irish reinsurers, captives and special purpose vehicles;
- Insurance company initial public offerings and follow-on offerings of securities; and
- Rehabilitations and recapitalizations of insurance companies.