Sidley is one of only a few global law firms to have a substantial, multidisciplinary practice group devoted to the insurance and financial services industry. We have more than 35 years of experience and an expanding team of more than 85 lawyers dedicated primarily to providing transactional and regulatory advice to the insurance industry and financial institutions that transact with insurance companies. In addition, as part of a global law firm, we can call upon the resources of experienced lawyers from our many offices around the world in a variety of other practice groups, including Securities, Global Finance, Tax, Financial Institutions Regulatory, Healthcare, Complex Commercial Litigation and Employee Benefits.
Our Insurance practice offers extensive experience in a wide range of domestic and international insurance and reinsurance transactions, as well as related regulatory matters. Our experience includes the handling of traditional corporate and financing transactions for the insurance industry, such as mergers, acquisitions, divestitures, joint ventures, corporate reorganizations (including demutualizations and mutual holding company conversions), formation and capitalization of new insurance companies, public and private debt and equity financings and complex insurance company investment transactions. In addition, our lawyers have been at the forefront in structuring and handling many of the most novel and innovative transactions being conducted in the industry today, such as redundant life reserve (XXX and AXXX) and embedded value securitizations; catastrophe and catastrophic mortality-linked bonds and derivatives, sidecars and other forms of risk securitization/finance; and the securitization of various insurance products, including funding agreements and life and annuity contracts.
Our clients include many of the world’s largest life, health, property & casualty, mortgage and financial guarantee insurance and reinsurance companies, insurance brokers, commercial banks, investment banking firms, investment advisors, private equity firms, hedge funds and regulatory agencies.