Appleby Bermuda acts on USD2.6bn sale for Aspen Insurance Holdings Limited
Appleby Bermuda acted for Aspen Insurance Holdings Limited during a competitive sale process (valued at c. $2.6 billion) which was won by private equity firm Apollo Global Management LLC.
The team was led by Partner Alan Bossin with assistance from Partner Matt Ebbs-Brewer and Associate Josephine Noddings.
It is forecast that this acquisition will take Aspen to the next level, benefitting Bermuda's (re)insurance industry.
Appleby’s Insurance & Reinsurance practice specialises in advising on the establishment, merger and aquisitions, regulatory compliance and business operations of (re)insurance companies, as well as (re)insurance managers and brokers based in offshore jurisdictions.
Appleby’s team of lawyers are based in key offshore jurisdictions that are significant players in the global (re)insurance market – including Bermuda, the British Virgin Islands (BVI), the Cayman Islands, Guernsey, Hong Kong, the Isle of Man and Jersey - and are therefore well placed to advise clients that are seeking to carry out business in any of these offshore jurisdictions or transact business with locally-based insurers.