Experience

• • Stone Point Capital in its sale of Atrium Underwriting, a premier underwriting business at Lloyd’s, to CRC Group.
  • Compre Group Holdings Limited, the Bermuda-domiciled global specialty reinsurance group, in its acquisition of the CSE Group, a U.S. subsidiary of Covéa.
  • Mitsui Sumitomo Insurance Company, a subsidiary of MS&AD Insurance Group Holdings, in its agreement with the founding family of W. R. Berkley Corporation, a leading property and casualty insurance carrier, including acquisition of 15% of shares in W. R. Berkley Corporation in a transaction valued at approximately $3.8 billion.
  • Lovell Minnick in its investment in Broadstone, a UK financial services consultancy delivering advice to employers, insurers, lenders and pension scheme trustees.
  • AIG in the launch of reinsurance Syndicate 2478, a reinsurance syndicate at Lloyd’s that will be supported by funds managed by Blackstone.
  • Stone Point Capital in its equity investment in the Ardonagh Group, one of the world’s largest independent insurance distribution platforms, which values Ardonagh at $14 billion.
  • Bain Capital in its investment in Oak Reinsurance, and in its cornerstone investment in the Oak RE’s Lloyd’s Syndicate 2843, which will focus on global reinsurance.
  • Guardian in its strategic partnership with HPS Investment Partners, a leading global credit investment firm with $116 billion in assets under management.
  • Sixth Street in its $5.1 billion acquisition of Enstar, a global insurance group.
  • Ambac in its acquisition of a majority stake in Beat Capital Partners in a transaction valued at approximately $282 million.
  • Artificial Labs, an insurtech company, in its joint venture with Apollo Underwriting, in respect of their smart follow collaboration.
  • Artificial Labs, an insurtech company, in its £8 million Series A+ funding round.
  • Compre, the Bermuda headquartered international legacy group, in its agreement with SUNZ Insurance Company to acquire a workers’ compensation legacy portfolio.
  • Compre, the Bermuda headquartered international legacy group, in its agreement with SiriusPoint on a reinsurance Loss Portfolio Transfer covering approximately $1.3 billion of reserves.
  • Helios Underwriting, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, in raising approximately £12.5 million through a placing of, and a subscription for, new ordinary shares.
  • Nuveen, the investment manager of TIAA, in its acquisition of a controlling interest in Arcmont Asset Management, a private debt management firm.
  • Canopius, a Centerbridge Partners portfolio company and a leading global specialty (re)insurer, in its $780 million loss portfolio transfer agreement with RiverStone International.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Asta Capital and its shareholders, the market leading third party managing agent at Lloyd’s, in its sale to Davies Group.
  • Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
  • AXA/AXL in its $2.55 billion Adverse Development Cover with Enstar.
  • Covéa in the reinsurance of 30% of all in-force business carried by SCOR’s Irish Life entities as of December 31, 2020.
  • Compre in its reinsurance to close of Syndicate 3330’s 2018 year of account, and the purchase of AXA DBIO II’s Corporate Member.
  • Compre in the launch of its Lloyd’s legacy syndicate 1994, and its strategic partnership with Apollo to manage syndicate 1994, and to work with Compre to build its Lloyd’s legacy platform.
  • Compre in its reinsurance to close transaction of Apollo syndicate 1969’s 2017 and prior years of account.
  • Covéa in its $750m investment in Lorenz Re, a Bermuda reinsurance company established to enable PartnerRe to participate in the investor backed collateralized reinsurance market.
  • Helios Investment Partners in its launch of Africa Specialty Risk Group, a reinsurance business.
  • Third Point Re in its $788 million merger with Sirius Group.
  • GreyCastle in its sale to Monument Re, advising on the complex offshore UK / Bermuda life insurance structure. Debevoise also advised on the original establishment of GreyCastle.
  • Lovell Minnick in its take-private deal for Charles Taylor, a leading provider of professional services to the global insurance market.
  • AmTrust Financial Services in its $830 million reinsurance-to-close deals with Enstar Group in respect of its Lloyd’s operations.
  • AmTrust Financial Services in the sale of its domestic and international surety and credit reinsurance operations to Liberty Mutual.
  • Hamilton Insurance Group in its acquisition of Pembroke Managing Agency and Ironshore Europe DAC from Liberty Mutual.
  • AmTrust Financial Services in the merging of its Lloyd’s business with Canopius. The transaction will create a top-five insurer at Lloyd’s with combined premiums of approximately $2.2 billion.
  • AXA in its acquisition of Bermuda-based XL/Catlin Group for $15.3 billion in connection with insurance M&A and regulatory matters.
  • Assured Guaranty in its acquisition of a minority interest in Rubicon Infrastructure Advisors.
  • Prudential Financial in its minority stake investment in Peak Reinsurance.
  • American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.