Anthony L. Kohtio
Counsel, Financial Institutions
Anthony Kohtio focuses on corporate transactions in the insurance industry, including equity and debt capital markets offerings, mergers, acquisitions and divestitures, on behalf of insurance and financial services firms operating in the United States and internationally. He also advises clients on a broad range of corporate, securities law and insurance regulatory matters.
Bio
Mr. Kohtio has advised on various matters, including the representation of:
- Great American Insurance Company in connection with its $190 million Riverfront Re Ltd. dual-tranche catastrophe bond offering, with both per-occurrence and annual aggregate indemnity triggers for each tranche;
- Liberty Mutual Insurance Company in the establishment of a $160 million collateralized reinsurance program involving the issuance of voting and non-voting, participating notes in segregated accounts of a newly established, special purpose insurer, Limestone Re Ltd.;
- Kinsale Capital Group, Inc. a specialty insurance group specializing in excess and surplus lines, in its $121 million IPO;
- the underwriters in Essent Group Ltd.’s $385 million IPO and $300 million follow-on offering;
- the dealers in Metropolitan Life Insurance Company’s $30 billion global medium-term note issuance program;
- Aflac, Incorporated in senior notes offerings with over $4.5 billion in gross proceeds and its $450 million offering of subordinated debentures;
- Endurance Specialty Holdings Ltd. in its $230 million offering of depositary shares representing fractional interests in Series C preferred shares and related redemption of Series A preferred shares and in its $230 million offering of Series B preferred shares;
- Validus Holdings, Ltd. in the $150 million offering of depositary shares representing fractional interests in preferred shares;
- the placement agents in the $800 million private placement of ABR Reinsurance Capital Holdings Ltd., a newly formed Bermuda reinsurer sponsored by affiliates of ACE Limited and BlackRock, Inc.;
- the placement agents in the $500 million common share private placement of Harrington Reinsurance Holdings Limited, a newly formed Bermuda reinsurer sponsored by affiliates of AXIS and Blackstone;
- Hamilton Insurance Group in its formation and capital raise in connection with its acquisition of S.A.C. Re, Ltd.;
- Voya Financial, Inc. and its subsidiary ReliaStar Life Insurance Company in a reinsurance transaction in which ReliaStar ceded its runoff workers compensation carve-out and occupational accident business to Enstar Group Limited;
- Two Sigma Investments, LP in its joint venture with American International Group, Inc. and Hamilton Insurance Group, Ltd. targeting the U.S. SME commercial insurance market;
- Two Sigma Insurance Quantified in its partnership with American International Group, Inc. to accelerate the use of data science and technology for AIG’s global book of commercial insurance business;
- Wilton Re Holdings Limited in its inaugural $300 million securities offering through a finance subsidiary; and
- Validus Holdings, Ltd. in the formation of PacRe Ltd. with Paulson & Co. Inc.
Credentials
Education
- J.D., New York Law School, 2009
- B.A., Hobart & William Smith College, 1998
Admissions
- New York
Anthony L. Kohtio
Counsel, Financial Institutions
anthony.kohtio@skadden.com