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Conyers advises Somerset Reinsurance Ltd. on its US$375 million common share capitalization. This strictly confidential private placement included investments from three strategic investors – Hannover Re, Atlas Merchant Capital LLC and the Company’s founding shareholder George Weiss – as well as a diverse group of high net worth investors.
Somerset Reinsurance Ltd., formerly known as Weisshorn Re Ltd. is a Bermuda exempted company registered as a Class E Insurer which provides customized risk management solutions to the life insurance and annuity sectors, helps clients efficiently deploy capital, improve long-term performance and funds new business growth.
Chris Garrod, Sophia Greaves and Sarah Lusher worked on the matter.