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Catastrophe Lawyer procurement

WAC ID:71463

Private SectorTender noticeCompleteClosed

Source:	Find a Tender Service (FTS)
Notice Type:	Tender notice
Buyer:	Flood Re Limited
Main Category:	Services
Procurement Method:	Open procedure
Tender Status:	Complete
Estimated Value (ex. VAT):	Not specified
Release Date:	6 August 2024
Application Deadline:	2 September 2024
Procurement ID (OCID):	ocds-h6vhtk-048837
Notice Reference:	024739-2024

Contracting Authority

Organisation

Flood Re Limited

Submission Details

Description

Flood Re to seek provision for external legal services to advise on and support the issuance of an indemnity trigger catastrophe bond (the "Cat Bond") as part of a wider re-procurement of its outwards reinsurance programme to be effective from 1 April 2025. It is likely that Flood Re will consider the issuance of such a bond at least every three years thereafter and has a preference for long term supplier relationships however, that longer term opportunity does not form part of this ITT

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Application Deadline

2 September 2024

Closed

WAC Reference

WAC-71463

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