Mayer Brown represents Munich Re, one of the world’s leading reinsurers, on its definitive agreement to acquire Texas-based RenRe Energy Advisors Ltd. (REAL), the weather and weather-related energy risk management unit of reinsurer RenaissanceRe Holdings Ltd., Bermuda. The acquisition will complement Munich Re’s long-standing expertise in the field of weather trends and weather risks.

The Mayer Brown team drew upon the firm’s leading insurance M&A, energy, derivatives and financial convergence capabilities for this transaction. The transaction is expected to close in the fourth quarter of 2013, subject to regulatory and other approvals.

Lawyers from Mayer Brown advising on the transaction include: Corporate & Securities – partner David Alberts (New York), counsel Paul Chandler (Chicago) and associate Greg Conroy (New York); Banking & Finance – counsel Curtis Doty (New York); Government & Global Trade – partner David Bloom (Washington DC); Employment & Benefits – partner Ryan Liebl (Chicago); and Litigation & Dispute Resolution – counsel Kim Leffert (Chicago).

Mayer Brown’s global Insurance Industry Group represents more than 400 insurers, reinsurers and insurance-related entities in transactional, regulatory and dispute resolution matters. Across global markets, the firm represents insurers and reinsurers, as well as brokers, banks and investors, in a range of transactional matters that include mergers and acquisitions, capital raising, and sophisticated insurance structured finance at the convergence of insurance markets and the broader capital markets. Drawing upon its diverse specialties, Mayer Brown takes a team-oriented and interdisciplinary approach to better serve its insurance industry clients.