Slaughter and May advised RSA Insurance Group on its disposal of £834 million of UK Legacy liabilities to the Enstar Group

Slaughter and May advised RSA Insurance Group on its disposal of £834 million of UK Legacy liabilities to the Enstar Group (‘Enstar’). The transaction takes the form of a reinsurance arrangement, to be effective based on a risk transfer date of 31 December 2016, to be followed by a subsequent legal transfer of the business.

The Slaughter and May team, led by partners Robert Chaplin and Nick Bonsall, advised RSA Insurance Group alongside its in-house team led by Charlotte Heiss, Group Chief Legal Officer, and Jon Cope, Head of Legal, UK and International. Enstar was advised by Norton Rose.

RSA Insurance is a multinational general insurance company headquartered in London. Enstar Group Limited acquires and manages insurance and reinsurance companies in run-off and provide management, consulting and other services to the global insurance and reinsurance industry.

Robert Chaplin Partner
Claire Jackson Partner
Adam Sriskandan Associate
Usman Sawar Associate
Nick Bonsall Partner
Kristina Locmele Senior Counsel
Harry Bacon Partner
David Hay Associate
Mike Lane Partner
Jonathan Fenn Senior Consultant
Katherine Flower Senior Counsel