Debevoise & Plimpton LLP is advising Sun Life Assurance Company of Canada and its U.S. Branch, respectively (together, “Sun Life”), in two reassurance agreements, and a related administrative agreement, with Enstar Group Limited (“Enstar”). In the transaction, an Enstar subsidiary has reinsured all of the run-off workers compensation carve-out and occupational accident business of Sun Life.
The Debevoise team is led by counsel Michael D. Devins and includes partner Seth L. Rosen, and associates Daniel Priest, Nicholas C. Scholten and Jeffrey A. Tate.
Celebrating 150 years in 2015, Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers. Sun Life Financial and its partners have operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2015, the Sun Life Financial group of companies had total assets under management of $808 billion.
Debevoise & Plimpton LLP is a premier law firm with market-leading practices, a global perspective and strong New York roots. We deliver effective solutions to our clients’ most important legal challenges, applying clear commercial judgment and a distinctively collaborative approach.