The legacy market is seeing a significant recent trend with transactions that do not involve the typical transfer or reinsurance of lines of insurance business but significant restructurings by large corporates with a view to selling entities (not insurance regulated) to provide finality to those corporations of underlying legacy liabilities. This panel will discuss the drivers of these deals, the benefits for sellers, the evolving market and opportunity for buyers (including traditional run-off players), structuring issues and deal terms.

Panelists:

Peter Calleo, Vice President, Senior Legal Counsel, M&A, Investments and Commercial Contracts, Enstar
Andy Hill, Partner - Structured Solutions, McGill & Partners
Robert Hut, CEO, Fara Recovery
Robbie Kerr, Senior Manager, Liability Restructuring, PwC Thomas Scalera, Chief Executive Officer, Delticus Group PK Paran, Partner, Willkie Farr & Gallagher (Chair)

Corporate Liabilities Deals00:50:20
Corporate Liabilities Deals - video 00:50:20
Corporate Liabilities Deals - Evaluation

Course Details

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