Pasaca Insurance
Aerial view of the pastel-colored buildings along Front Street and the waterfront in Hamilton, Bermuda.

Walkers advises Pasaca on its Bermuda commercial insurer license

Walkers served as Bermuda counsel on Pasaca’s application to the Bermuda Monetary Authority for a commercial insurer license.

In announcing its role, Walkers noted that Pasaca is partly owned by Pasaca Group, a private equity investor specializing in life sciences.

Walkers added that Pasaca was to serve as a primary insurer for Pasaca Group, including the group’s global product liability and professional liability exposures.

Peter Dunlop, partner and co-lead of Walkers’ Re/Insurance & ILS practice, led the work with senior counsel Melanie Fullerton of its Regulatory & Risk Advisory group.

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