Track record

The management has a broad international experience in the cross section of insurance and banking. Some examples from different types of clients:

• Manufacturing industry. Develop a structure for off balance sheet treatment and risk mitigation for a company's global program for Customer Finance covering long term debt on private buyers in emerging markets. Total exposure xs $1bio.
  
  
• Commercial banking. The first comprehensive reinsurance programme (1987!) for a Swedish commercial bank, Svenska Handelsbank, for counterparty exposure, reducing transaction costs and giving a less volatile pricing than existing methods for syndicating risk participation.
  
  
• Investment banking. Put up an off-shore, unconsolidated unit for an investment bank (Deutsche Bank) to receive credit exposure on rated, corporate names through Credit Default Swaps and transform exposure into reinsurance, ceding risk through reinsurance contracts to the international reinsurance markets.
  
  
• Insurance. Structure and manage a Scandinavian co-insurance facility (the Scandinavian Political Risk Line Slip) with insurance companies from Sweden, Norway and Finland, creating new capacity at a time when the global market was unable to meet demand for risk carrying capacity.
  
  
• Public sector. Together with a leading credit insurer (Euler Hermes) negotiate with the Brazilian state reinsurer IRB about a general reinsurance treaty for credit risk into the London market, for the purposes of opening up the domestic market for credit insurance.