Appleby acted as Bermuda counsel for PartnerRe, the Bermuda based reinsurance company, in establishing a new retrocession and specialty reinsurance vehicle called Laplace-C, with investment from private equity firm Olympus Partners.
PartnerRe secured backing from Olympus Partners for Laplace-C, an investment manager with a long-term focus and over $8.5 billion under management and largely sourced from corporate pension funds, endowment funds and state-sponsored retirement programs.
Partner Brad Adderley led this transaction.
Appleby's specialist Insurance & Reinsurance team provides advice on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as advising (re)insurance managers and brokers based in international jurisdictions.
They specialise in advising on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as (re)insurance managers and brokers based in international jurisdictions. They advise private and listed companies, including major New York and London finance houses, as well as FTSE 100 and Fortune 500 household names.