Overall, the insurance-linked securities (ILS) market is maturing in an attractive manner but as new sponsors and jurisdictions enter the fold, there’s a need for continued education, according to global law firm Mayer Brown.
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Another lawyer partner with experience in the insurance-linked securities and catastrophe bond space has left Dewey & LeBoeuf for competitor Meyer Brown. Richard Spitzer joins Mayer Brown’s New York office as a partner in the Insurance Finance Group and the Banking & Finance practice. He joins a colleague Stephen Rooney who left Dewey for Mayer […]
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Another high-profile partner with significant insurance-linked securities experience from law firm Dewey & LeBoeuf has moved on from the firm to join one of their competitors. Just last month a team of ILS and catastrophe bond focused structured finance lawyers left the firm for competitor Willkie Farr & Gallagher. Now Mayer Brown have announced that […]
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Ratings agency Moody’s has commented on the California Earthquake Authority (CEA) issuance of $150m of earthquake risk through their Embarcadero Re Ltd. special purpose reinsurer. The catastrophe bond deal which the CEA completed without the involvement of a traditional reinsurer for the first time could see the CEA rely less on reinsurers services in future.
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Mayer Brown, one of the worlds leading law firms providing services to the insurance-linked securities sector, have issued a press release on their role in the recent $150m securitization of earthquake risk by the California Earthquake Authority (CEA) through their Embarcadero Re Ltd. Bermuda domiciled reinsurer. This ground-breaking deal completed recently to much interest from […]
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