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Conyers’ Charles Collis (London), Chris Garrod (Bermuda) and Mary Ward (Bermuda) advised on Validus Holdings, Ltd.’s acquisition of Flagstone Reinsurance Holdings S.A. in a cash and stock deal worth approximately US$621.3 million. Validus is a leading catastrophe reinsurance and short-tail specialty insurance company, with worldwide operations through the wholly-owned subsidiaries Validus Reinsurance, Ltd. and Talbot Holdings Ltd. The acquisition was completed on 30 November 2012. Deutsche Bank AG (DBK) and Skadden, Arps, Slate, Meagher & Flom LLP also advised Validus on the transaction.