Debevoise Advises AmTrust in Reinsurance-to-Close Deals with Enstar

20 February 2019

Debevoise & Plimpton LLP has advised AmTrust Syndicates Limited (“AmTrust”) in four reinsurance-to-close deals with Enstar Group Limited (“Enstar”).

The transactions concern the 2016 and prior years accounts of syndicates 1206, 1861, 2526 and 5820, all managed by AmTrust

As a result of the transactions, Enstar, through Syndicate 2008, has assumed net reinsurance reserves of approximately $830 million, effective January 1, 2019.

The Debevoise team advising AmTrust was led by international counsel Benjamin Lyon, and included international consultant Clare Swirski and associate Dexter Hoffman.

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.