Troutman Pepper Locke Advises AmTrust as Sponsor of Rule 144A Catastrophe Bond Transaction

CHICAGO – Troutman Pepper Locke advised AmTrust Financial Services, Inc. (AmTrust), a multinational insurance holding company, as the sponsor of a Rule 144A catastrophe bond transaction, which will provide Technology Insurance Company, Inc., an AmTrust subsidiary, with $150 million in reinsurance protection for losses from named storm events occurring in the Northeast for three years.

The Troutman Pepper Locke team that advised AmTrust was led by J.P. Hong and included Floy Gaidarski and Julia St. John. In addition, Nick Jennings advised on English law matters, Jaremi Chilton advised on federal income tax matters, Juliane Dziobak advised on security interest matters, and Laura L. Ferguson advised on ERISA matters.

Troutman Pepper Locke’s Insurance Transactional and Regulatory Practice navigates the complex landscape of insurance laws, regulations, and corporate transactions. The team provides strategic counsel to insurance companies, reinsurers, brokers, and other industry stakeholders, ensuring compliance with regulatory frameworks while facilitating mergers, acquisitions, capital raising, restructurings, and innovative market entries. By combining deep experience with industry insights, Troutman Pepper Locke empowers clients to achieve their business objectives while mitigating risks in a highly regulated sector.

Troutman Pepper Locke

Troutman Pepper Locke helps clients solve complex legal challenges and achieve their business goals in an ever-changing global economy. With more than 1,600 attorneys in 30+ offices, the firm serves clients in all major industry sectors, with particular depth in energy, financial services, health care and life sciences, insurance and reinsurance, private equity, and real estate. Learn more at troutman.com.