Enstar Group Completes $919M Collateralized Reinsurance Transaction

Enstar Group Limited, a public Bermuda insurance group with global operations, completed a $919 million collateralized reinsurance transaction. Our firm advised Enstar in connection with the transaction, in which a Bermuda subsidiary of Enstar assumed from a Bermuda subsidiary of Australian public company QBE Insurance Group Limited certain workers' compensation, construction defect and general liability business originally held by various QBE subsidiaries in the U.S.