Kirsten Gaeta advises clients on a wide range of complex corporate transactions, particularly within the insurance sector.

She has experience navigating:

  • Domestic and cross-border M&A involving insurance and other industries
  • Entity formation and licensing
  • Insurance-focused capital markets transactions
  • Insurer investments
  • Reinsurance and insurance coverage matters

Ms. Gaeta’s experience includes advising:

Financial Services Transactions

  • Transaction counsel on the formation and capital raise of large reinsurance and insurance companies, including:
    • Ruby Re, a Missouri-based reinsurance vehicle (sponsored by Reinsurance Group of America, Incorporated)
    • Monarch Point Re, a Bermuda-based collateralized insurer (backed by Stone Point and AXIS) (approximately US$400 million in capital raised)
    • A Bermuda-based permanent capital vehicle with an underlying asset involving peer-to-peer lending (approximately US$1 billion of capital raised) (backed by a leading insurance-focused asset manager)*
    • Premia Re, a startup reinsurer dedicated to runoff (US$510 million of capital raised) (backed by Kelso & Company and Arch Capital Group)*
    • Harrington Reinsurance Holdings Limited and its wholly owned subsidiary Harrington Re Ltd., a Bermuda-based reinsurer (US$600 million of capital raised) (sponsored by AXIS Capital and Blackstone)* 
    • Fidelis Insurance Holdings Limited, a newly created specialty insurance and reinsurance company based in Bermuda (US$1.5 billion capital raised)* 
    • Ategrity Specialty Insurance Company, a specialty P&C insurance company focused on the excess and surplus lines market (approximately US$250 million of initial capital raised)*
    • KaylaRe, a Bermuda-based reinsurance company (US$620 million of capital raised) (investments from funds managed by Hillhouse Capital Management and Stone Point Capital)*
    • Representing Universities Superannuation Scheme, one of the world's largest pensions, on its role as lead investor in an insurance consolidation vehicle*
    • Armour, a Bermuda-based P&C runoff reinsurance company (US$500 million of capital raised) (backed by Aquiline Capital)*

Corporate/M&A Transactions

  • Zimmer Financial Services Group on the sale of its specialty legacy insurance provider, Carrick Specialty Holdings
  • J.P. Morgan Securities LLC, Barclays Capital Inc. and Jefferies LLC as representatives of the underwriters in the initial public offering of Fidelis Insurance Holdings Limited
  • The Carlyle Group in a US$500 million preferred equity investment led by Carlyle’s Global Credit platform and private equity firm HGGC
  • Fidelity National Information Services (FIS Global), a Fortune 500 fintech company, on its acquisition of Payrix, a fintech company that specializes in embedded payments technology*
  • Sedgwick on its acquisition of Temporary Accommodations, one of the largest providers of claims-related temporary housing and related services to displaced policyholders*
  • Corinthian Capital on its:
    • Sale of Eastern Wholesale Fence to Center Rock Capital Partners and Leelanau Private Capital*
    • Acquisition of Best Lighting Products from Wafra Partners*
  • Unified Commerce Group on its acquisition of Frank And Oak, a sustainable fashion brand*
  • Watford Holdings on its:
    • Acquisition of French insurance company Axeria IARD from the APRIL Group*
    • Direct listing of common shares on the Nasdaq Global Select Market and its offering of US$175 million aggregate principal amount of 6.50% senior unsecured notes due 2029*
  • Armour, a Bermuda-based P&C runoff reinsurance company, on its sale of ILS Investment Management*
  • Slice, an insurtech startup, on corporate and insurance regulatory matters, including multiple joint ventures with large insurers and corporates*

*Matter handled prior to joining Latham

Bar Qualification

  • New Jersey
  • New York

Education

  • JD, St. John's University School of Law, 2011
    magna cum laude
  • BA, Binghamton University, 2008
    summa cum laude