Angus Duncan, an insurance-linked securities (ILS) experienced lawyer, has joined the London office of Winston & Strawn LLP as a partner, bringing experience in catastrophe bonds, reinsurance sidecars and other ILS structures to the firm.
Duncan was previously a partner at Cadwalader in the law firms Capital Markets Group, where he had a focus on insurance-linked securities including catastrophe bonds, sidecars, industry loss warranties and privately placed reinsurance transactions related to catastrophe, mortality and longevity risk using the capital markets.
“Angus is a renowned practitioner and we are excited by the momentum and growth the firm’s Corporate Department has experienced recently, especially in London,” commented Peter Crowther, Winston & Strawn’s London office managing partner. “We continue to focus on strategically growing the office within key practice areas.”
“Angus fits squarely with our strategic plan to expand globally our high end structured products practice and with core institutional clients of the firm. His reputation and experience are second to none, and we are very excited that Angus is joining us,” added Ron Jacobson and Mats Carlston, who co-chair Winston’s global finance practice.
Duncan’s structured finance legal experience includes having assisted with the very first catastrophe bond transaction that incorporated a tri-partite repo structure, the Eurus II Ltd. transaction sponsored by Hannover Re.
Prior to his time at Cadwalader, Duncan spent 11 years at Allen & Overy, nine of them as a partner, and two as the law firms Tokyo Office Managing Partner, giving him experience of the development of the Japanese securitization markets.