Watford Holdings Ltd. Direct Listing

Davis Polk advised the financial advisers to Watford Holdings Ltd. in connection with Watford’s direct listing of its common shares on the Nasdaq Global Select Market. The common shares are listed under the symbol “WTRE.”

Based in Pembroke, Bermuda, Watford is a global property and casualty insurance and reinsurance company with approximately $1.1 billion in capital and with operations in Bermuda, the United States and Europe.

The Davis Polk corporate team included partner Richard D. Truesdell Jr. and associates Roshni Banker Cariello and Arisa Akashi. Partner Lucy W. Farr and associates Catherine L. Chu and Anne E. McGinnis provided tax advice. All members of the Davis Polk team are based in the New York office.