UK

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Liability Buyouts / Loss Portfolio Transfers

Overview:  Address the uncertainty of liabilities that have typically developed over a substantial period of time, via a transfer to an AIG member company. May be developed on a structured basis.

Who is it for?:  Large UK or multinational companies and financial institutions with significant uninsured/underinsured liabilities or large self-insured retentions; or insurance or reinsurance captives.

Cover
Insurance cover for existing specific large-scale litigation (e.g. medical malpractice suits, securities litigation, intellectual property disputes) or known issues that could result in future claims. Designed to ring-fence ultimate costs and remove uncertainty from M&A transactions.