Case Study: Energy – USA – Market Access
Background
Head quartered in EMEA our client owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors, operating high-quality facilities recently constructed, with long useful lives. Their long-term contracts with creditworthy counterparties permits them to generate stable and long-term cash-flows.
Approach
The client needed a fronting solution to place protection for a single location in the USA.
Having reinsurance capacity in place, and the firm order given for a set fronting price, the challenge was to organise US fronting on budget and within the short time span of only three days.
Results
Working to the tight deadline White Rock was able to form the cell and issue all documentation within three working days on budget. This demonstrates Aon’s and White Rock’s value developing innovative solutions timely and efficiently.