The (re)insurance industry is renowned for extremely cyclical nature, characterised by high volatility in pricing and results. When capacity is scarce and prices are high, the trend is to take advantage of this through creative capital raising. As businesses mature, so new resources - both financial and human - are required, and growth through acquisition can be considered. When losses accumulate, often years after the event, then solutions for closing books of business become the focus of activity.
As long-standing specialists in the (re)insurance market, with a deep technical understanding of Lloyd’s as well as a wealth of experience in other markets, we can advise clients at every stage of their development.
Our clients are underwriting and broking business in the life and property and casualty sectors in every re/insurance market around the world. We are advisers to nearly a quarter of the Lloyd’s market by capacity, have a market-leading position in the Middle East and have been active in advising businesses in Bermuda. Fully international, this practice is based in our offices in the UK, Europe, the Middle East and Asia.
In the last few months we have:
- Acted for Marketform in their sale to American Financial Group
- Advised W R Berkley Corporation on their acquisition of W.R Berkley Insurance (Europe) Ltd from Kiln plc
- Worked with Integro on their acquisition of Guy Carpenter’s International team
- Acted for Munich Re on their acquisition of the Beaufort Lloyd’s Agency
- Advised Lightyear on the establishment of the Antares syndicate
- Acted for the THB Group on the acquisition of the PWS Group