Across the world the need to manage balance sheet issues and discontinued businesses is increasing.

The UK has historically been the centre of gravity in the management of discontinued businesses, with total liabilities at the end of 2005 in the UK non-life market (including Lloyd’s syndicates) standing at around
£38.2 billion.

However, the field is starting to open up with prospective legislative changes prompting European and other insurers to start evaluating their entire portfolios. A  recent  example of such activity include a Japanese insurer who recently achieved finality for their legacy portfolios by transferring them to the jurisdiction of the UK under an innovative legal structure.

With experience in a wide variety of jurisdictions and markets, our team has access to the capital and financial engineering expertise to create practical and imaginative answers to a range of balance sheet issues.