Francis R. Monaco

“Frank Monaco is the most responsive, thoughtful, knowledgeable reinsurance counsel I have dealt with in over 40 years in the reinsurance business. Very client focused, skilled negotiator.”

Frank represents insurers, reinsurers and financial buyers in the purchase and sale of insurance and reinsurance companies and businesses.  Frank concentrates on life and annuity and non-life insurance M&A transactions, including life and annuity closed blocks, and on the acquisition of P&C runoff portfolios and discontinued insurance businesses.  Frank regularly advises asset managers on reinsurance and other transactions with insurers and reinsurers.  Frank also has an active practice advising life insurers, reinsurers and lenders on reserve financing transactions, including work-outs and restructurings.  He also advises financial guaranty and mortgage guaranty monoline insurers on product development, policy drafting and reinsurance matters.  Frank regularly advises on insurance regulatory matters, including the insurance holding company act, legal investment questions, formation and licensing matters and the insurance law aspects of the Dodd-Frank Act.  Frank is a co-leader of Mayer Brown’s M&A and Private Equity team for Mayer Brown’s Global Insurance Industry Group.

Frank has been ranked in Chambers USA each year since 2013 for Corporate Insurance and has been described as "an excellent attorney" who is "commercial and easy to work with" and is known in the market for life reinsurance financing work as part of a broad insurance practice. The International Who's Who of Insurance and Reinsurance Lawyers 2014 describes him as " extremely sharp" and a "real specialist" in reserve financing and insurance-linked securities transactions, and representing financial guaranty insurers and mortgage guaranty insurers; peers describe him as a "client favorite" who boasts a "deep" regulatory knowledge.  Frank is also listed as an Acritas Star, where clients recommend him for his "business acumen" and "knowledge base, responsiveness [and] practical approach to very complicated regulatory and transactional issues."