On the 2nd of October 2019 Liberty Mutual Insurance Group announced the acquisition of Nationale Borg and Nationale Borg Reinsurance from AmTrust Financial Services.
Liberty Mutual Insurance Group is one of the largest property and casualty insurers in the United States. With the acquisition of Nationale Borg and Nationale Borg Reinsurance, Liberty Mutual Insurance Group expands its presence in the market for surety-, credit- and political risk reinsurance.
VANEPS acted as advisor for AmTrust Financial Services for the local transfer in this acquisition. AmTrust Financial Services was further assisted by Debevoise & Plimpton LLP London. Liberty mutual Insurance Group was assisted by Skadden, Arps, Slate, Meagher & Flom LLP and BZSE.
The involved attorney at law from VANEPS in this acquisition was Diek Fabius.
For more information about this acquisition, please refer to the press release of Nationale Borg and Nationale Borg Reinsurance and Liberty Mutual Insurance Group.