Walkers Acts on F&G Cayman Re Class D Licence

Walkers' Cayman Islands office is pleased to have acted as Cayman Islands counsel on the class D reinsurer's licence application for F&G Cayman Re Ltd (the "Company"), submitted to and approved by the Cayman Islands Monetary Authority. 

The Company is focusing on the reinsurance of longevity risk, bulk annuity and pension risk transfer.

The Walkers team was led by Cayman Islands partner Philip Paschalides and Senior Counsel, Tony De Quintal with assistance from associate Jason Ta. The entire Walkers Insurance team comprised fifteen lawyers specializing in regulatory, corporate, finance, derivatives, immigration, commercial and contracts and employment law. The Company's US counsel was Skadden, Arps, Meagher & Flom LLP.