Billion-dollar legacy deals no longer a rarity with more to come: Silvester
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Billion-dollar legacy deals no longer a rarity with more to come: Silvester

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Major growth in legacy is being driven more by larger deals than increased volumes, with further $1bn deals likely to be agreed by run-off acquirers over the next year, Enstar CEO Dominic Silvester told this publication.

Silvester was speaking after Enstar sealed a deal with Argo for a legacy cover for its US book, with an exhaustion point of $1.1bn,

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