Legal/Attorney - Glenmoore, PA, US
The Bazil Group offers reinsurance specialist services in Reinsurance Law, Reinsurance Debt Purchase and Reinsurance Runoff Acquisitions & Management. With years of substantial experience in this highly specialized legal arena, as well as a vast network of international contacts, we have earned an excellent reputation for attaining prompt, cost-effective resolution of reinsurance issues. Over the past two decades we have negotiated hundreds of commutations, successfully representing insurers and reinsurers in Europe, Asia, the MENA region and the Americas. With our decades of experience handling challenging accounts, our success rate is unmatched.In today's challenging and competitive markets, companies around the globe are burdened with problematic reinsurance assets or looking to exit a particular market or line of business. In response to these market conditions, the Bazil Group offers an alternative that enables its clients to realize value for claims that might otherwise be written off. With numerous deals of all sizes and complexities completed over the last decade, we have streamlined the process in a quick and efficient way for all parties involved through the assumption of debt via an Assignment and Novation Agreement. As economies evolve, companies often find themselves in a market and/or a line of business that no longer fits their current or long term business model. The Bazil Group is poised to review, analyze and offer a quick and efficient solution to a business segment that a company wishes to divest.
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