Mayer Brown advised Pacific Life Re on its first asset-intensive reinsurance transaction in Hong Kong, which involved the cession of a block of whole of life liabilities written by a pan-Asian insurance provider.
The consummation of this transaction represents a significant milestone for Pacific Life Re and demonstrates the continued expansion of its asset-intensive reinsurance capabilities across the broader Asia-Pacific region.
For full details, see Pacific Life Re’s official announcement here.
The Mayer Brown team advising Pacific Life Re was led by partners Greg Oguss and Tom MacAulay, and included partners Allison Lee and Brennan Young, as well as associates Sandra Ghobraiel and Katherine Huffman. The matter drew on the firm’s multidisciplinary capabilities across its Chicago, Charlotte, New York, London and Hong Kong offices.
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