Experience

• The Americas

  • American International Group and Corebridge Financial in AIG’s secondary public offering of approximately $936 million of Corebridge common stock.
  • Everest Group in its strategic agreement for Ryan Specialty to acquire certain assets of Everest’s EverSports and Entertainment Insurance business, an MGU serving customers in the Sports, Leisure, and Entertainment market.
  • Prudential Financial in the $11 billion reinsurance transaction of a portion of its guaranteed universal life block with Wilton Re, a provider of In Force and reinsurance solutions.
  • The Standard in its acquisition of The Allstate Corporation’s Employer Voluntary Benefits business in a transaction valued at approximately $2 billion.
  • Guardian in its strategic partnership with HPS Investment Partners, a leading global credit investment firm with $116 billion in assets under management.
  • Sixth Street in its $5.1 billion acquisition of Enstar, a global insurance group.
  • Moelis, as financial advisor to Argus, an insurance, medical practices and financial services organization, in its amalgamation with BF&M Limited, the holding company of the BF&M group of companies.
  • Ambac in the $420 million sale of its legacy financial guarantee businesses, Ambac Assurance Corporation and Ambac UK, to funds managed by Oaktree Capital Management.
  • Ambac in its acquisition of a majority stake in Beat Capital Partners in a transaction valued at approximately $282 million.
  • American International Group and Corebridge Financial in AIG’s secondary public offering of approximately $872 million of Corebridge common stock.
  • Corebridge Financial in AIG’s $3.4 billion sale of Corebridge common stock to Nippon Life Insurance Company.
  • American Coastal Insurance Corporation in its sale of Interboro Insurance Company to Forza Insurance Holdings.
  • Third Point in the launch of Malibu Life Reinsurance SPC, a licensed life and annuity reinsurer based in the Cayman Islands.
  • Bain Capital in its strategic investment in Emerald Bay Risk Solutions, a collaborative underwriting carrier.
  • Clayton, Dubilier & Rice in its acquisition, together with Stone Point Capital, of Truist Insurance Holdings, a subsidiary of Truist Financial Corporation, at an enterprise value of $15.5 billion.
  • New York Life Investments in its strategic partnership with Bow River Advisers, a subsidiary of Bow River Capital.
  • Global Atlantic, a retirement and life insurance company, in the retrocession of approximately $5 billion of long-term care reserves assumed from Manulife’s U.S. business.
  • American International Group and Corebridge Financial in AIG’s secondary public offering of approximately $712 million of Corebridge common stock.
  • Global Atlantic, a retirement and life insurance company, in the $2.7 billion sale of its remaining 37% stake to KKR, increasing KKR’s ownership to 100%.
  • American International Group and Corebridge Financial in AIG’s secondary public offering of 50 million shares of Corebridge Financial common stock.
  • Canada Pension Plan Investment Board in its sales of an aggregate of $374 million of shares of common stock of Enstar Group ($191 million back to Enstar and $183 million sale to Sixth Street).
  • TA Associates in its acquisition of PMA Financial Services from Estancia Capital Partners and PMA senior management.
  • Prosperity Life Group, an innovative insurance, reinsurance, and asset management company, in its acquisition of National Western in a transaction valued at approximately $1.9 billion.
  • Corebridge Financial, a majority owned subsidiary of American International Group, in its offering of $500 million aggregate principal amount of 6.050% senior notes due 2033.
  • Prudential Financial in the formation of Prismic Life Reinsurance, a licensed Class E Bermuda-based life and annuity reinsurance company.
  • Swiss Re in a strategic partnership with Resolution Life in support of its transaction with Farmers New World Life Insurance Company.
  • Brookfield Reinsurance in its acquisition of American Equity Investment Life Holding Company in a transaction valued at approximately $4.3 billion.
  • Global Atlantic, a retirement and life insurance company, in the closing of its $2.4 billion Ivy II reinsurance co-investment vehicle.
  • American International Group and Corebridge Financial in AIG’s secondary public offering of 74.75 million shares of Corebridge Financial common stock at $16.25 per share.
  • Morgan Stanley, Barclays, HSBC and Wells Fargo Securities, as representatives of the underwriters, in the public offering of $750 million aggregate principal amount of Tier 3 5.750% Senior Notes by RenaissanceRe due 2033.
  • Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its $10 billion block reinsurance transaction with Prudential.
  • American International Group in its sale of Validus Re to RenaissanceRe Holdings Ltd.
  • Morgan Stanley and Goldman Sachs, as representatives of the underwriters, in the offering and sale of $1.4 billion of common shares by RenaissanceRe Holdings Ltd.
  • Everest Re in its $1.5 billion public offering of common shares.
  • Bregal Sagemount in its strategic growth investment in Neptune Flood Incorporated, a leading digital insurtech platform and private flood insurance provider.
  • Fortitude Re, a Carlyle portfolio company, in its $28 billion reinsurance transaction with Lincoln Financial Group.
  • Prudential Financial in the acquisition of a majority interest in Deerpath Capital Management and its associated affiliates by PGIM, the $1.2 trillion global investment management business of Prudential.
  • StanCorp Financial Group in its acquisition of the Life & Disability business from Elevance Health.
  • Principal Financial Group in the offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2033 and $300 million aggregate principal amount of 5.500% Senior Notes due 2053.
  • Brookfield Reinsurance in its acquisition of Argo in a transaction valued at approximately $1.1 billion.
  • Resolution Life in its strategic partnership with Blackstone, including a $500 million strategic investment, for its life insurance and annuity consolidation business.
  • American International Group and Corebridge Financial, a majority-owned subsidiary of American International Group, in the initial public offering of Corebridge Financial.
  • Wilton Re, a majority-owned reinsurance company of CPP Investments, in its sale of Ivari, a Toronto-based life insurance company, to Sagicor Financial Company.
  • Corebridge Financial, a majority-owned subsidiary of American International Group, in its offering of $1.0 billion of 6.875% Fixed-to-Fixed Reset Rate Junior Subordinated Notes offering due 2052.
  • Global Atlantic, a retirement and life insurance company, in its $10 billion annuity reinsurance transaction with Equitable Financial Life Insurance Company.
  • Certain holders of second lien term loans issued by Integro Parent Inc., part of Tysers Insurance Brokers, Ltd., a leading Lloyds independent broker, in a transaction under which AUB Group Limited will acquire Tysers from Odyssey Investment Partners for $615.2 million.
  • Carlyle in its $2.1 billion capital raise and equity investment in Fortitude Re and the formation of a strategic advisory services agreement.
  • Corebridge Financial, a majority-owned subsidiary of American International Group, in its $6.5 billion offering of senior unsecured notes in relation to the separation of American International Group’s Life & Retirement business. At the time of announcement, this transaction was reported to be the largest-ever debt offering by an insurance company.
  • Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its acquisition of and $500 million capital contribution to Ohio National, as part of Ohio National’s demutualization process.
  • Manulife in its $750 million U.S. offering of 3.703% senior “green” notes due 2032.
  • LIBERTY Dental Plan Corporation, a dental benefits administrator, in its sale of a majority stake in LIBERTY to Welsh, Carson, Anderson & Stowe, a private equity firm.
  • Global Atlantic, a retirement and life insurance company, in its recapitalization of Drawbridge Realty’s $1.7 billion portfolio of office properties.
  • Oaktree Capital Management, a leader among global investment managers specializing in alternative investments, in its acquisition of Velocity Risk, a catastrophe-focused property and specialty insurance risks managing general agent.
  • Kelso & Company in its acquisition of a majority interest in ReSource Pro, a market leader in business process solutions for the P&C insurance industry.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in the reinsurance of $35 billion in fixed indexed annuities from Allianz Life.
  • CPPIB Credit Investments, a wholly-owned subsidiary of Canada Pension Plan Investment Board, and OMERS, the defined benefit pension plan for Ontario’s municipal sector employees, in separate investments totaling $900 million in Odyssey Group, a U.S. based reinsurance and insurance subsidiary of Fairfax.
  • Manulife, a Canadian multinational insurance company and financial services provider, in its reinsurance deal with Venerable, a provider of risk transfer solutions to variable annuity issuers, releasing approximately $2 billion in capital.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Brookfield Reinsurance in its $10 billion reinsurance agreement with American Equity Investment Life Insurance Company.
  • Sun Life in its $2.475 billion acquisition of DentaQuest.
  • James River, an insurance holding company, in its $345.1 million loss portfolio transfer reinsurance transaction with Aleka Insurance, under which Aleka will reinsure all of James River’s commercial auto policies related to Uber’s ridesharing business.
  • Jackson and Prudential plc in the separation of Jackson through a demerger, in a transaction valued at approximately $2.5 billion and that establishes Jackson as an independent, publicly-traded company.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its $9.4 billion reinsurance agreement with Lincoln Financial Group.
  • Fortitude Re, a Carlyle portfolio company, in its acquisition of a $31 billion block of legacy variable annuities from Prudential Financial for a total transaction value of $2.2 billion.
  • Covéa in its definitive agreement to sell CSE Insurance to Porch Group for $48.6 million in cash.
  • Life and Specialty Ventures in its collaboration with Cambia Health Solutions, including its acquisition of LifeMap, the reinsurance and administration of Cambia dental insurance policies, and Cambia’s acquisition of an equity stake in Life and Specialty Ventures.
  • Nassau Financial Group, a Golden Gate Capital portfolio company, in the sale of its life insurance and annuity distribution company, Saybrus Partners, to AmeriLife Group.
  • The underwriters in the $500 million public offering of depository shares by RenaissanceRe.
  • Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
  • The underwriters in the offering and sale of $750 million fixed-to-fixed rate subordinated debentures due 2051 by Global Atlantic.
  • Covéa in the reinsurance of 30% of all in-force business carried by SCOR’s Irish Life entities as of December 31, 2020.
  • Constellation, backed by institutional investors Caisse de dépôt et placement du Québec and Ontario Teachers’ Pension Plan Board, in its acquisition of Columbian Mutual Life Insurance Company, as part of Columbian’s demutualization process.
  • Global Atlantic, a retirement and life insurance company, in an $8 billion annuity reinsurance transaction between two of its insurance subsidiaries and Ameriprise Financial insurance subsidiaries.
  • The initial purchasers in the offering and sale of $650 million 3.125% senior notes due 2031 by Global Atlantic Financial Group.
  • Assurant in the $1.3 billion sale of its Global Preneed business to CUNA Mutual Group.
  • Kilter Finance in its investment in Independent Group.
  • MassMutual in its $3.5 billion acquisition of Great American Life, a wholly owned subsidiary of American Financial Group.
  • Entities managed by Blackstone in the $2.8 billion acquisition of Allstate Life Insurance Company.
  • Nassau Financial Group in the issuance of $100 million of non-cumulative perpetual preferred equity to Wilton Re and Stone Point Credit.
  • Blackstone's Tactical Opportunities Group in its investment in SUNZ Holdings, a leading provider of workers compensation insurance and related services such as claims administration, policy administration, and customer support.
  • Ambac Financial Group, a financial services holding company, in its acquisition of Xchange Benefits and Xchange Affinity Underwriting Agency, property and casualty managing general underwriters.
  • UPC in the transfer of personal lines business in four states to HCI.
  • Unum Group in its agreement to reinsure a substantial portion of its Closed Individual Disability Insurance Block business to a subsidiary of Global Atlantic.
  • Carlyle as a lead investor in the $1 billion launch of Vantage Group, a new re/insurance entity and its wholly owned subsidiary, Vantage Risk, a new property catastrophe reinsurance provider.
  • Cornell Capital and Hudson Structured Capital Management in their acquisition of a majority interest in Vault Insurance.
  • Kelso & Company, as part of a consortium with Arch Capital Group and Warburg Pincus, in the $700 million acquisition of Watford Holdings, a global property and casualty insurance and reinsurance company.
  • Cornell Capital and its portfolio company Spectrum Automotive Holdings in their acquisition of CARS Protection Plus, a leading provider of vehicle service contracts.
  • MetLife in the $3.94 billion sale of its auto and home business to Zurich Insurance Group subsidiary Farmers Group.
  • Third Point Re in its $788 million merger with Sirius Group.
  • Global Atlantic, a retirement and life insurance company with $70 billion in investable assets, in its $4.4 billion sale to KKR.
  • Prudential plc and Jackson National in the reinsurance to Athene of $27.6 billion of Jackson’s in-force fixed and fixed index annuities and a $500 million equity investment in Jackson’s holding company.
  • AXA in its $4.8 billion reinsurance transaction with Global Atlantic Financial Group.
  • Global Atlantic, a retirement and life insurance company, in the establishment of Ivy Re, a reinsurance co-investment vehicle designed to co-invest approximately $1 billion with Global Atlantic and its subsidiaries in qualifying reinsurance transactions.
  • Blackstone in its $2.7 billion sale of F&G to Fidelity National Financial.
  • Stone Point Capital in its acquisition of Safe-Guard.
  • J.C. Flowers and AmeriLife Group in the sale of AmeriLife to Thomas H. Lee Partners.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its $1.25 billion acquisition of Voya Financial’s individual life in-force business.
  • AXA Equitable Holdings in its agreement to sell U.S. Financial Life Insurance Company & MONY Life Insurance Company of the Americas.
  • New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
  • Carlyle in its $1.8 billion acquisition, with T&D Holdings, of a majority interest in Fortitude Re.
  • Chubb in the acquisition of Banchile Seguros de Vida and Segchile Seguros Generales from a subsidiary of Quiñenco S.A. and other minority investors.
  • Alaska National Insurance Company in its acquisition by Copperpoint Insurance Companies.
  • Prudential Financial in its $2.35 billion acquisition of Assurance IQ.
  • Pacific Life in its sale of Aviation Capital Group to Tokyo Century Corporation.
  • Centerbridge Partners in its investment in GoHealth.
  • Syncora Holdings in its $429 million sale of Syncora Guarantee, a wholly owned subsidiary, to Star Insurance Holdings, an entity organized by GoldenTree Asset Management LP.
  • AFP Habitat in its acquisition of Colfondos from Scotiabank and Mercantil Colpatria.
  • RL LP in its sale of Lincoln Benefit Life to an affiliate of Kuvare US Holdings.
  • Bain Capital Private Equity and Diamond Castle in the sale of Beacon Health Options to Anthem.
  • Kelso & Company in its acquisition of J.S. Held, a global consulting firm focused on high value insurance claims and construction-related matters.
  • AmTrust Financial Services in the sale of its domestic and international surety and credit reinsurance operations to Liberty Mutual.
  • Principal Financial Group in its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.
  • Clayton, Dubilier & Rice and TRANZACT in the $1.3 billion sale of TRANZACT to Willis Towers Watson.
  • Risk Strategies, a Kelso & Company portfolio company, in its acquisition of Krauter & Company, a leading specialty firm focused on the risk and insurance needs of private equity firms and their portfolio companies nationwide.
  • Hamilton Insurance Group in its acquisition of Pembroke Managing Agency and Ironshore Europe DAC from Liberty Mutual.
  • Chubb in its long-term distribution agreement with Banco de Chile, the largest bank based in Chile.
  • Chubb Seguros México, an affiliate of Chubb, in a long-term distribution agreement with Citibanamex, a subsidiary of Citigroup, whereby Chubb will offer a broad range of non-life insurance products to Citibanamex's clients in Mexico.
  • Blackstone’s Tactical Opportunities Group in its strategic minority investment in Annexus, a leading designer of annuities and insurance-based retirement products.
  • Japan Post Holdings in its purchase of a strategic stake of approximately 7% of outstanding common shares of Aflac.
  • Jackson National Life Insurance in its agreements to reinsure John Hancock Life Insurance’s Group Payout Annuity business.
  • Resolution Re in the reinsurance of structured settlement annuity contracts and income annuity contracts from Symetra Life Insurance Company.
  • Wilton Re in its agreements to reinsure legacy comprehensive and nursing home long-term care insurance policies from Bankers Life and Casualty.
  • Carlyle in its strategic partnership with AIG to position DSA Re as a platform to provide solutions for insurance liabilities globally.
  • Arias Holdings and 2-10 Holdco in the sale of home warranty company 2-10 Holdco to Genstar Capital.
  • AXA and AXA Equitable Holdings on the initial public offering of AXA Equitable Holdings on the New York Stock Exchange for approximately $4 billion, and AXA Equitable Holdings in its offering and sale of $3.8 billion of senior notes.
  • Prosperity Life Insurance in its sale to an investor group led by Elliott Management.
  • AXA in its acquisition of Bermuda-based XL/Catlin Group for $15.3 billion in connection with insurance M&A and regulatory matters.
  • Ambac Assurance Corporation, a Wisconsin domiciled insurance company, in a holistic restructuring transaction that involved three exchange offers of existing debt securities and other payment obligations for approximately $2.2 billion of newly issued debt securities, as well as a new-money financing collateralized by the future proceeds of certain litigation claims against RMBS originators.
  • Syncora Holdings in a reinsurance agreement with Assured Guaranty to reinsure approximately $13.5 billion of financial guaranty policies, representing 91% of Syncora's outstanding insured exposures.
  • American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.
  • Standard Diversified Opportunities in its acquisition of Interboro Holdings and its operating subsidiary, Maidstone Insurance Company.
  • Global Atlantic, a retirement and life insurance company, in the reinsurance of $9 billion of fixed annuities and other spread-based reserves of Talcott Resolution, The Hartford’s run-off life and annuity businesses.
  • Cornell Capital as a lead investor in the $2.05 billion acquisition of Talcott Resolution, The Hartford’s run-off life and annuity businesses.
  • Bedrock Insurance in its proposed acquisition of Ashmere Insurance, a workers’ compensation specialty insurance company. (Terminated)
  • AmTrust Financial Services in a strategic transaction with Madison Dearborn for a portion of AmTrust’s U.S. fee businesses valued at $1.15 billion.
  • American International Group in the sale of its medical stop-loss operations to Tokio Marine HCC.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its sale of Lincoln Benefit Life to Global Bankers Insurance Group. (Terminated)
  • Pacific Life and Aviation Capital Group in the minority investment by Tokyo Century in Aviation Capital Group, a transaction which won the Airline Economics Aviation 100 “2017 Overall Equity Deal of the Year” award.
  • Kuvare in its acquisition of United Life Insurance Company.
  • The special purpose acquisition vehicle CF Corporation and Blackstone in the $1.835 billion acquisition of Fidelity & Guaranty Life.
  • Wilton Re in its acquisition of Aegon Transamerica’s two largest U.S. run-off businesses.
  • Kelso & Company in its investment in Premia Holdings, a newly-formed property and casualty insurance and reinsurance group focused on providing runoff solutions.
  • American International Group in several transactions with Fairfax Financial, a leading global property and casualty insurer and reinsurer, as part of a strategic partnership in 12 jurisdictions across Latin America, Central and Eastern Europe.
  • J.P. Morgan Securities and Morgan Stanley, as financial advisors to American International Group, in American International Group’s $3.4 billion sale of United Guaranty Corporation, the leading private mortgage insurance company in the United States, to Arch Capital Group.
  • Clayton, Dubilier & Rice in its acquisition of Tranzact Holdings, the leading provider of comprehensive, direct-to-consumer sales and marketing solutions for insurance carriers in the U.S., from White Mountains Insurance Group.
  • Swiss Re Corporate Solutions in its $153 million acquisition of IHC Risk Solutions and its direct employer stop loss business from Independence Holding Company.
  • A major life insurer in a purchase price adjustment dispute.
  • Prudential Financial in the acquisition by its subsidiary, Prudential do Brasil Seguros de Vida of the group life insurance operations of Itaú Unibanco in Brazil.
  • Anbang Insurance Group in its proposed $1.6 billion acquisition of Fidelity & Guaranty Life. (Terminated)
  • Kelso & Company in its acquisition of Risk Strategies Company, a national insurance and benefits brokerage and risk management firm, from Kohlberg & Company.
  • Nassau Reinsurance Group, a Golden Gate Capital portfolio company, in its acquisition of Universal American’s Traditional Insurance business.
  • Prudential Insurance Company of America in the sale of a group annuity to JCPenney to reduce JCPenney’s pension liabilities.
  • The Prudential Insurance Company of America in the sale of a group annuity contract to the U.S. subsidiary of Royal Philips as part of an overall transaction that will reduce Philips’ pension liabilities by $1.1 billion.
  • Sun Life in two reinsurance agreements, and a related administrative agreement, with affiliates of Enstar Group Limited.
  • Protective Life in its acquisition by reinsurance of certain in-force blocks of term life insurance from Genworth Life and Annuity Insurance Company.
  • Nassau Reinsurance Group, a Golden Gate Capital portfolio company, in its $217.2 million acquisition of The Phoenix Companies.
  • Sun Life Financial in its $975 million acquisition of Assurant’s Employee Benefits business.
  • Morgan Stanley, as financial advisor to Symetra Financial Corp, in the $3.8 billion sale of Symetra Financial Corp to Sumitomo Life.
  • Exor as insurance M&A counsel in its contested $6.9 billion acquisition of PartnerRe, a Bermuda-based reinsurance company.
  • StanCorp Financial Group in its $5 billion sale to Meiji Yasuda Life Insurance Company.
  • National General Insurance in its $90 million acquisition of the Lender-Placed Insurance business of QBE North America.
  • Stone Point Capital in its significant equity investment in specialty insurance broker Alliant Insurance Services, with KKR retaining a significant equity investment in the business.
  • AXA in its agreement with SulAmérica to acquire 100% of its Large Industrial and Commercial risks insurance business in Brazil.
  • Morgan Stanley, as financial advisor to Pan-American Life Mutual Holding Company, in Pan-American Life Mutual Holding Company's merger with Mutual Trust Holding Company.
  • Morgan Stanley, as financial advisor to Endurance Specialty Holdings Ltd, in Endurance Specialty Holdings Ltd's $1.83 billion acquisition of Montpelier Re Holdings Ltd.
  • The Prudential Insurance Company of America in the sale of a group annuity contract to Kimberly-Clark Corporation.
  • The Prudential Insurance Company of America in the sale of a group annuity contract to The Timken Company to pay future pension benefits for approximately 5,000 U.S. Timken retirees.
  • Prudential Financial in its acquisition of a 40% interest in Administradora de Fondos de Pensiones Habitat, a leading provider of retirement services in Chile, for a total purchase price of approximately $550 million.
  • Protective Life in its $5.7 billion merger with a subsidiary of Dai-ichi Life, a life insurance company listed on the Tokyo stock exchange.
  • Northwestern Mutual in its $2.7 billion sale of Russell Investments to the London Stock Exchange Group.
  • American International Group in the $7.6 billion sale of its 100% interest in International Lease Finance Corporation to NYSE-listed AerCap Holdings N.V.
  • TIAA-CREF in its $6.25 billion acquisition of Nuveen Investments.
  • Canada Pension Plan Investment Board in its $1.8 billion acquisition of Wilton Re, a U.S. life insurance and reinsurance provider.
  • Assurant in its investment in Iké Asistencia, a services assistance business with operations in Mexico and other countries in Latin America.
  • GreyCastle in its $570 million acquisition, backed by a consortium of investors, of the run-off Life Reinsurance operations of XL Group.
  • Liberty Mutual in the sale of Summit Holdings Southeast and its related companies to American Financial Group.
  • Prudential Financial in a $3 billion AXXX reserve financing.
  • AXA in its acquisition of 51% of Mercantil Colpatria’s insurance operations in Colombia for COP 672 billion.
  • Forethought Financial in its cash merger with a subsidiary of Global Atlantic Financial Group.
  • BofA Merrill Lynch, Wells Fargo Securities, Citigroup and J.P. Morgan as joint bookrunners in the $600 million offering of 4.250% senior notes due 2023 by Liberty Mutual.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its formation and initial capitalization, related to its $587 million acquisition of Lincoln Benefit Life Company from Allstate Life Insurance Company, which included reserve financing, a reinsurance facility and bank debt.
  • Fidelity & Guaranty Life, a subsidiary of Harbinger Group Inc., in its offering of $300 million of 6.375% senior notes due 2021.
  • Pacific Life Insurance Company in its $1 billion offering of 9.25% surplus notes due 2039.
  • A private equity fund as lead investor in Altair Re, a reinsurance sidecar established by ACE Tempest Re, the Bermuda reinsurer.
  • Cerberus Capital Management in insurance matters relating to its equity investment in Commonwealth Annuity and Life Insurance Company, a subsidiary of Goldman Sachs.
  • Goldman Sachs in the formation, separation and disposition of Global Atlantic Financial Group.
  • Global Atlantic, a retirement and life insurance company, in its acquisition of the life insurance business of Aviva USA.
  • AXA Financial in the $1.06 billion sale of MONY Life Insurance Company and reinsurance of an in-force book of life insurance policies to Protective Life Insurance Company.
  • Sun Life Financial in the $1.35 billion sale of certain of its U.S. subsidiaries.
  • Markel Corporation in its $3.13 billion acquisition of Alterra Capital Holdings, a listed Bermuda reinsurer.
  • The Principal Financial Group in its acquisition of AFP Cuprum S.A., a pension manager in Chile.
  • Cunningham Lindsey in its recapitalization by CVC Capital Partners.
  • Prudential Financial in its acquisition of The Hartford’s Individual Life Insurance business.
  • New York Life Insurance Company in the sale of its Mexico surety subsidiary, Fianzas Monterrey, to ACE Group, for about $285 million.
  • The Prudential Insurance Company of America in the sale to a General Motors retirement plan of a group annuity contract that will provide annuity payments for certain GM salaried retirees as part of GM’s plan to reduce pension obligations by approximately $26 billion.
  • Forethought Financial in the acquisition of the individual annuity platform of The Hartford Financial Services Group.
  • Tower Group in tax matters relating to its investment in Canopius Group.
  • Stone Point Capital and Lockton in their $170 million acquisition of the international insurance broking operations of Alexander Forbes Limited.
  • Goldman Sachs Reinsurance Group in its acquisition of the Bermuda-based reinsurance operations of Ariel Holdings.
  • J.C. Flowers and Crump Group in the sale of the life and property and casualty insurance divisions of Crump to BB&T Corporation.
  • BofA Merrill Lynch and J.P. Morgan Securities as representatives of the initial purchasers in Liberty Mutual's offering of $500 million of 4.95% senior notes due 2022 and $500 million offering of 6.50% senior notes due 2042.
  • BofA Merrill Lynch and J.P. Morgan Securities as dealer managers for Liberty Mutual's tender offer for four series of debt securities.
  • Cigna in regulatory and tax matters relating to its $3.8 billion acquisition of HealthSpring.
  • Pan-American Life Insurance in its acquisition of select businesses and assets from MetLife in the Caribbean, Panama and Costa Rica.
  • Bank of America Merrill Lynch, as financial advisor to Nationwide Financial, in Nationwide Financial’s $760 million merger with Harleysville Mutual.
  • Prudential Financial in its sale of Afore XXI, a Mexican private pension manager, to Banorte.
  • Goldman Sachs, Citi and Credit Suisse as book-running managers for the $6.4 billion combined primary and secondary offerings of common stock by MetLife and American International Group.
  • Protective Life Insurance Company and its wholly owned captive reinsurer, Golden Gate IV Vermont Captive Insurance Company, in a $790 million letter of credit-based financing of XXX reserves.
  • Harbinger Group in its $350 million acquisition of Old Mutual U.S. Life Holdings.
  • Macquarie Capital, as financial advisor to Erie Indemnity Company, in Erie Indemnity Company's sale of three wholly owned property and casualty subsidiaries and shares of Erie Family Life Insurance to the Erie Insurance Exchange.
  • GENEX Holdings in its acquisition of assets of International Rehabilitation Associates, a subsidiary of CIGNA Corporation.
  • Sun Life Financial and Sun Life Assurance Company of Canada in Sun Life's sale of its life reinsurance business to Berkshire Hathaway Life Insurance Company of Nebraska.
  • Protective Life Insurance Company in its $628.1 million acquisition, together with Athene Holding Ltd., of Liberty Life Insurance Company, the U.S. life insurance and annuity business of Royal Bank of Canada.
  • Protective Life Insurance Company in its $316 million acquisition of United Investors Life Insurance Company from Liberty National Life Insurance Company, a unit of Torchmark.
  • MBIA Insurance Corporation in its acquisition of the shares of Channel Re, a Bermuda monoline reinsurance company, held by non-MBIA shareholders.
  • Swiss Re Life & Health in its $1.3 billion U.S. individual life retrocession transaction with Berkshire Hathaway and a $1.0 billion XXX financing.
  • Berkshire Hathaway in its $778 million acquisition of future cash flow from Caixa Bank’s life insurance portfolio.
  • Prudential Financial in the combination of its retail securities business, Prudential Securities, with Wachovia Securities to create the third largest brokerage firm in the U.S. and in its $4.5 billion sale of such interest to Wells Fargo.
  • American International Group (AIG) and American International Assurance Company in AIG's agreement with the Federal Reserve Bank of New York to reduce the debt AIG owes the FRBNY by $25 billion and position AIA and American Life Insurance Company for initial public offerings.
  • Pacific Life Insurance Company in its $1 billion offering of surplus notes.
  • Principal Financial Group in its $1 billion offering of common stock.
  • Principal Financial Group in its $750 million offering of senior notes and its $1 billion offering of common stock.
  • Prudential Financial in the sale of its Mexican asset management business to Grupo Actinver.
  • American International Group in its sale of AIG Life Insurance Company of Canada to BMO Financial Group.
  • Cunningham Lindsey in its acquisition of GAB Robins' international businesses (excluding its U.K. operations) and its U.S. forensic engineering firm, EFI Global.
  • Stone Point Capital and shareholders of ZC Sterling in the $575 million sale of ZC Sterling Corporation to QBE Insurance Group Ltd.
  • Swiss Re Life & Health in its $1.5 billion letter of credit-based XXX financing with JP Morgan.
  • The Special Committee of Tower Group’s Board of Directors in Tower’s $530 million acquisition of CastlePoint Holdings.
  • Stone Point Capital in its sale of Signal Holdings to Assurant.
  • Liberty Mutual in its $6.2 billion acquisition of Safeco Corporation.
  • MBIA in a $1 billion investment by Warburg Pincus.
  • MBIA in a $1 billion investment by Warburg Pincus and a $1.15 billion public equity offering.
  • MBIA Insurance Corporation in its $1 billion surplus note offering.
  • AXA Group in its $1.5 billion acquisition of ING Seguros, the Mexican insurance subsidiary of ING Groep.
  • Stone Point Capital in its acquisition of a 51% interest in First Insurance Solutions Group from Fiserv.
  • Liberty Mutual in its $2.7 billion acquisition of Ohio Casualty Group.
  • ACE Limited in its sale of three subsidiaries–American Reinsurance Company, Brandywine Reinsurance Co. (UK) Ltd. and Brandywine Reinsurance Company S.A.–to Randall & Quilter Investment Holdings Limited.
  • Morgan Stanley, as financial advisor, in the demutualization and $523 million initial public offering of Employers Insurance Group, Inc.
  • J.C. Flowers in its purchase of Crump Group, a U.S. wholesale brokering operation, from Marsh, the world's leading risk and insurance services firm.
  • J.C. Flowers in its acquisition of the Retirement and Insurance Services Divisions of The Bisys Group.
  • Misys in the combination of its healthcare business with Allscripts Healthcare Solutions, resulting in Misys owning a 54.5% interest in Allscripts-Misys Healthcare Solutions.
  • The D. E. Shaw Group in its $575 million going private acquisition of the James River Group.
  • Enstar in its $1.2 billion merger with Castlewood.
  • Prudential Financial in a $500 million financing of AXXX reserves.
  • Swiss Reinsurance in the formation of a catastrophe bond program securitizing risks relating to earthquakes in the Mediterranean region and the issuance of $100 million of notes thereafter.
  • First Reserve Corporation in the establishment of Petrel Re and Sirocco Re, two sidecar reinsurers focused on the energy sector.
  • Principal Financial in its $740 million acquisition from Washington Mutual of WM Advisors, manager of approximately $26 billion in assets, including the WM Group of Funds.
  • Cerberus Capital Management in the insurance aspects of its $14 billion acquisition of GMAC and $7.4 billion acquisition of Chrysler Group and related financial services business from DaimlerChrysler.
  • Sedgwick CMS Holdings in its $635 million acquisition of Sedgwick CMS Holdings by Fidelity National Financial, Inc.
  • Stone Point Capital in the formation and initial capitalization of Mercator Risk Services, a newly formed, independent wholesale insurance broker.
  • AXA Financial in the sale of its subsidiary, MONY Realty Capital, to Municipal Mortgage & Equity, LLC.
  • Principal Global Investors, a subsidiary of Principal Financial Group, in its acquisition of majority interest in Columbus Circle Investors.
  • The management team of MMC Capital in its acquisition of MMC Capital, the private equity subsidiary of Marsh & McLennan Companies, which is now named Stone Point Capital LLC.
  • Trident III, L.P. (managed by Stone Point Capital LLC) in its majority investment in ZC Sterling Corporation.
  • Pacific Life Insurance Company in the sale by bulk reinsurance of its small group health care business to PacifiCare.
  • Stone Point Capital and Harbor Point in the formation and initial $1.5 billion capitalization of Harbor Point Limited, a global reinsurance company based in Bermuda, and Harbor Point's acquisition of the ongoing business of Chubb Re, a subsidiary of The Chubb Corporation.
  • SIRVA in the sale of Transguard Insurance Group to IAT Reinsurance Company Limited.
  • AXA Financial in its $1.5 billion acquisition of The MONY Group.
  • Lehman Brothers Holdings, as financial advisor to WellPoint Health Networks, in the $16.5 billion merger of WellPoint Health Networks with Anthem.
  • MBIA, Inc. in the sale of substantially all of the assets of 1838 Investment Advisors to Management Group and Orca Bay Partners.
  • Prudential Financial in the $413 million sale of personal lines property/casualty business (excluding New Jersey) to Liberty Mutual.
  • Protective Life Corporation in a structured financing of excess “XXX” reserves of its life insurance subsidiaries.
  • Phoenix Life Insurance Company in its acquisition by bulk reinsurance of the variable annuity business of Valley Forge Life Insurance Company, a subsidiary of CNA.
  • A leading insurance company in a $2.5 billion securitization of its demutualization closed block, the largest life insurance securitization to date.
  • Swiss Re Life & Health and its subsidiary Reassure America Life Insurance Company in an "embedded value" securitization transaction.
  • Swiss Reinsurance Company in its “Sector Re” structured reinsurance sidecar program.
  • The Chubb Corporation, The Hartford Financial Services Group, MBIA, New York Life, Pacific Life, The Phoenix Companies, Principal Financial Group, Protective Life Corporation, Prudential Financial and another leading insurance company in over $13 billion of offerings since 2002.
  • Demutualizations of John Hancock, Phoenix Home Life, Principal Mutual Holding Company and Provident Mutual (sponsored acquisition by Nationwide Financial Services) and other companies.
  • Benfield in the formation and $1 billion initial capitalization of Montpelier Re Holdings Ltd. and its wholly-owned subsidiary, Montpelier Reinsurance Ltd., together with White Mountain Insurance and other investors.

• Europe

  • Resolution Life in the offering of $500 million 8.25% notes due 2031.
  • Artificial Labs, an insurtech company, in its joint venture with Apollo Underwriting, in respect of their smart follow collaboration.
  • Artificial Labs, an insurtech company, in its £8 million Series A+ funding round.
  • MTech Capital in its insurtech follow-on investment in Thinksurance, a consultation platform for commercial and industrial insurance based in Germany.
  • MTech Capital in its investment in digital health platform Peppy Health, as part of a Series B funding round.
  • MTech Capital in its insurtech investment in pet insurance provider Napo, as part of a Series A funding round.
  • Compre, the Bermuda headquartered international legacy group, in its agreement with SUNZ Insurance Company to acquire a workers’ compensation legacy portfolio.
  • AIA Group in its $600 million offering of 4.95% notes, due 2033.
  • A global private equity fund in its investment into a global reinsurer’s Lloyd’s of London platform, through the provision of Funds at Lloyd’s for the relevant Syndicate using the innovative insurance risk transformation structure, London Bridge 2 PCC Limited.
  • Compre, the Bermuda headquartered international legacy group, in its agreement with SiriusPoint on a reinsurance Loss Portfolio Transfer covering approximately $1.3 billion of reserves.
  • Helios Underwriting, the unique investment vehicle which acquires and consolidates underwriting capacity at Lloyd's, in raising approximately £12.5 million through a placing of, and a subscription for, new ordinary shares.
  • Intact Financial Corporation, the largest provider of property and casualty insurance in Canada and a leading provider of global specialty insurance, in its minority investment in Cartan Trade, the French new credit insurance provider.
  • Intact in its investment in insurtech company Urban Jungle, as part of its Series A funding round.
  • Canopius, a Centerbridge Partners portfolio company and a leading global specialty (re)insurer, in its $780 million loss portfolio transfer agreement with RiverStone International.
  • Asta Capital and its shareholders, the market leading third party managing agent at Lloyd’s, in its sale to Davies Group.
  • PGIM in its acquisition of Montana Capital Partners, a European-based private equity secondaries asset manager.
  • Compre in its reinsurance to close of Syndicate 3330’s 2018 year of account, and the purchase of AXA DBIO II’s Corporate Member.
  • Compre in the launch of its Lloyd’s legacy syndicate 1994, and its strategic partnership with Apollo to manage syndicate 1994, and to work with Compre to build its Lloyd’s legacy platform.
  • Compre in its reinsurance to close transaction of Apollo syndicate 1969’s 2017 and prior years of account.
  • Elliott Management Corporation, Wand Partners and Paraline Group in the investment by Bain Capital Credit in Beat Capital.
  • Lovell Minnick in its take-private deal for Charles Taylor, a leading provider of professional services to the global insurance market.
  • AmTrust Financial Services in its $830 million reinsurance-to-close deals with Enstar Group in respect of its Lloyd’s operations.
  • AmTrust in the merging of its Lloyd’s business with Canopius. The transaction will create a top-five insurer at Lloyd’s with combined premiums of approximately $2.2bn.
  • AmTrust Financial Services in the merging of its Lloyd’s business with Canopius. The transaction will create a top-five insurer at Lloyd’s with combined premiums of approximately $2.2 billion.
  • HarbourVest Partners in its role in the £1.2 billion take-private acquisition of UK insurer esure.
  • Assured Guaranty in its acquisition of a minority interest in Rubicon Infrastructure Advisors.
  • Canada Pension Plan Investment Board in its $1.1 billion acquisition of Ascot from American International Group.
  • MBIA in the sale of its UK subsidiary to Assured Guaranty.
  • AmTrust Financial Services in its $219 million acquisition of ANV Holding, a Lloyd's platform.
  • PartnerRe in its €750 million debut Eurobond offering of 1.25% notes due 2026.
  • The initial purchasers in Liberty Mutual's €750 million debut Eurobond offering of 2.75% notes due 2026.
  • Prudential Financial, as the primary investor in LeapFrog Strategic African Investments (LSAI), in LSAI’s $180 million investment in Ghanaian financial services market leader Enterprise Group.
  • Prudential Financial in its $350 million partnership with LeapFrog Investments, targeting investments in life insurance companies in Africa.
  • A subsidiary of Berkshire Hathaway in its acquisition of Hartford Life International Limited, an Irish domiciled variable annuity writer, for approximately $285 million.
  • TIAA-CREF in its partnership with Henderson Group PLC to create TIAA Henderson Real Estate Limited, a new global real estate investment management company.
  • Omega Insurance Holdings Limited in the partial cash offer by Haverford (Bermuda) to acquire up to 25% of Omega's common shares listed on the London Stock Exchange. (Terminated)
  • Hardy Underwriting in its £143 million acquisition by CNA Financial.
  • Hanover Insurance in its £313 million public bid for Chaucer Holdings.
  • Novae Group plc on its return of £32.9 million of surplus capital to shareholders through an innovative B and C share scheme.
  • Hardy Underwriting Group plc in its redomiciliation to Bermuda by Scheme of Arrangement under s.425 of the Companies Act and the admission of Hardy Underwriting Bermuda Limited to listing on the London Stock Exchange.
  • Stone Point Capital and Lockton in their $170 million acquisition of the international insurance broking operations of Alexander Forbes Limited.
  • First Reserve Corporation in its establishment of Syndicate 2243 at Lloyd’s in partnership with C.V. Starr.
  • Benfield in its $1.75 billion merger with Aon.
  • Catlin Underwriting Agencies in its £591 million acquisition of Wellington Underwriting.
  • Aetna in its acquisition of the Middle Eastern, Pacific and UK operations of Goodhealth Worldwide.
  • Catlin Group in its share placing through JPMorgan and UBS to raise £38 million from institutional investors in the U.S. and the UK.
  • Catlin Group in its £190 million initial public offering and London Stock Exchange listing.
  • Novae Group in its £100 million Tier 2 debt raising and offering on the London Stock Exchange.
  • Novae Group in its £103 million rights issue and admission to listing on the London Stock Exchange.
  • Omega Insurance Holdings Limited in the partial cash offer by Haverford (Bermuda) to acquire up to 25% of Omega's common shares listed on the London Stock Exchange.
  • SVB Holdings in the sale of its majority stake in Fusion Insurance Services Limited to Towergate Underwriting Limited.
  • CBS Private Capital in the sale of its Lloyd’s agency business to Hampden Private Capital.
  • Benfield in its $30 million investment in Glacier Re Holdings s.a.r.l., the Luxembourg holding company of the recently established Swiss-based start-up reinsurance company Glacier Reinsurance AG.
  • AXA Group and its main shareholder, FINAXA, in their €5 billion merger.
  • GoshawK Insurance in its sale of the reinsurance business of Rosemont Re to a consortium of private equity investors led by Don Kramer.
  • GreyCastle in its sale to Monument Re, advising on the complex offshore UK / Bermuda life insurance structure. Debevoise also advised on the original establishment of GreyCastle.
  • Rubicon Corporation in the sale of Link Underwriting Agency to the Guardian Insurance Group.
  • Prudential Financial in the sale of PRICOA Property Investment Management Limited, part of its real estate and investment advisory business in Europe, in a management buyout.
  • Benfield in the acquisition by Crawley Warren (USA), a wholly-owned subsidiary of Benfield Group, of an additional 43% interest in International Space Brokers, a unit of Frank Crystal & Co.
  • Benfield in its $179 million acquisition of E.W. Blanch Holdings.
  • BNP Paribas and other underwriters in more than €1.3 billion of offerings by SCOR of shares and convertible bonds listed on the Premier Marché of Euronext Paris.
  • Benfield in its £157 million initial public offering of common shares, listed on the London Stock Exchange.
  • Citigroup and Crédit Suisse in the €1.7 billion initial public offering and listing on Euronext Paris of shares by Paris Re Holdings Limited, a Stone Point Capital portfolio company.
  • Stone Point Capital in the sale of Danish Re (Bermuda) Limited and all related subsidiaries of the Danish Re Group Worldwide to The Imagine Group.
  • Pacific Life Insurance in its acquisition of the International Life Reinsurance segment of Scottish Re Group Limited.
  • Swiss Reinsurance in the formation of a catastrophe bond program securitizing risks relating to earthquakes in the Mediterranean region and the issuance of $100 million of notes thereafter.

• Asia

  • AIA Group in its $1.25 billion offering of subordinated securities, consisting of $500 million of 4.950% subordinated dated securities due 2035 and $750 million of 5.400% subordinated dated securities due 2054.
  • AIA Group in its $1 billion offering of 5.375% subordinated dated securities due 2034.
  • KKR and Global Atlantic, a retirement and life insurance company, in their strategic partnership with Japan Post Insurance.
  • Chubb in its 15-year exclusive bancassurance distribution agreement with Hang Seng Bank.
  • Sun Life in its 15-year exclusive bancassurance partnership with Dah Sing Bank.
  • AIA Group in its acquisition of MediCard Philippines, a leading Health Maintenance Organisation (HMO) in the Philippines providing health insurance and healthcare services.
  • AIA in its acquisition of Blue Cross Insurance Limited from Bank of East Asia.
  • AIA Australia in its sale of its superannuation and investment business to Resolution Life.
  • AIA in its pan-Asian health insurtech joint venture with Discovery.
  • AIA Group in its investment in Tiki, an all-in-one e-commerce platform in Vietnam, and entry into an exclusive 10 year partnership, the first of its kind between a life insurer and a digital platform in Vietnam.
  • AIA Malaysia in its investment in TNG Digital Sdn. Bhd., owner of Touch ‘n Go eWallet, Malaysia’s largest e-wallet provider, and entry into a long term strategic partnership.
  • AIA in its $1.86 billion equity investment in China Post Life.
  • AIA in its acquisition of BEA Life Limited and 15-year exclusive bancassurance partnership with The Bank of East Asia in Hong Kong and Mainland China.
  • Prudential in its sale of Prudential of Taiwan to Taishin Financial.
  • AIA in its strategic partnership with Practo, India’s leading digital healthcare platform.
  • AXA in its $4.8 billion reinsurance transaction with Global Atlantic Financial Group.
  • Prudential Financial in its $1.9 billion sale of Prudential Life Insurance of Korea to KB Financial Group.
  • FWD in the acquisition of Vietcombank – Cardif Life Insurance and entry into a long-term distribution partnership.
  • AIA on a partnership with the Max-Aya Group in Myanmar.
  • AIA in its potential investment in, and distribution arrangement with, Gojek, a Southeast Asian multi-service super-app ecosystem.
  • FWD in its acquisition of MetLife Hong Kong.
  • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in its revised AUS$3.0 billion acquisition of AMP Life.
  • AIA in its cornerstone investment in a Chinese healthcare online start-up, WeDoctor, and related preferred distribution arrangements.
  • AIA Group in its $500 million offering of 3.90% notes due 2028.
  • Prudential Financial in its minority stake investment in Peak Reinsurance.
  • AIA Group in the 15-year extension of its exclusive regional bancassurance agreement with Public Bank, extending the partnership to 2037.
  • AIA Vietnam in its exclusive bancassurance agreement with VPBank.
  • AIA Group in its strategic bancassurance partnership with Bangkok Bank to distribute its insurance products in Thailand.
  • AIA Group in its AUS$3.8 billion acquisition of CommInsure and Sovereign, the life insurance businesses of the Commonwealth Bank of Australia in Australia and New Zealand, and related 20 year bancassurance agreements.
  • Prudential Financial in its life insurance joint venture with CT Corp in Indonesia.
  • AIA Group in its $500 million offering in Taiwan of 4.47% senior unsecured fixed rate notes due 2047.
  • American International Group in its sale of its Japan life insurance business to FWD.
  • FWD in a 15-year bancassurance agreement with An Binh Bank in Vietnam.
  • FWD in the sale of its Hong Kong Mandatory Provident Fund (MPF) and Occupational Retirement Schemes businesses to Sun Life Hong Kong Limited, and a 15-year strategic distribution agreement allowing FWD’s tied agency to distribute Sun Life’s MPF and ORSO products in Hong Kong.
  • Standard Chartered in a 15-year distribution partnership providing Manulife the exclusive right to offer its Mandatory Provident Fund (MPF) product to Standard Chartered’s customers in Hong Kong, and the acquisition by Manulife of Standard Chartered’s existing MPF and Occupational Retirement Schemes Ordinance businesses.
  • American International Group in its sale of a $1.2 billion stake in PICC Property and Casualty by means of a block trade.
  • American International Group in the sale of a $750 million stake in PICC Property and Casualty by means of a block trade in Hong Kong.
  • AIA Insurance Lanka, a subsidiary of Hong Kong-based life insurer AIA Group, in the sale of its stake in AIA General Insurance Lanka to Janakashi Insurance.
  • AXA in the sale of its mandatory pension business in Hong Kong to the Principal Financial Group.
  • AIA Group in the establishment of its $5 billion Rule 144A Global Medium Term Note Programme and subsequent offerings.
  • AIA Group in its landmark exclusive bancassurance partnership with Citibank to distribute its insurance products to 11 countries in the Asia Pacific region. This was the largest ever bancassurance deal in Asia.
  • American International Group in its $6.45 billion sale of ordinary shares of AIA Group.
  • American International Group in the restructuring of Chartis' interest in PICC and a cornerstone investment in PICC's Hong Kong initial public offering.
  • American International Group in the proposed sale of up to 90% interest in International Lease Finance Corporation to a consortium of Chinese investors in a transaction with an implied enterprise value of $27 billion. (Terminated)
  • AIA Group in its $1.7 billion acquisition of ING's insurance businesses.
  • AIA Group in the $109 million acquisition of Sri Lanka’s leading insurance company, Aviva NDB Insurance, from Aviva and Sri Lanka’s National Development Bank.
  • New York Life Insurance Company in the sale of New York Life Insurance Taiwan Corporation, its Taiwan life insurance subsidiary, to Taishin Financial Holding Co.
  • American International Group in its $6 billion sale of a portion of its controlling stake in AIA Group.
  • American International Group in the tender offer by Chartis Japan Capital to acquire the remaining shares of Fuji Fire and Marine Insurance Co.
  • Prudential Financial in its strategic cooperation with Fosun Group, China’s leading private investment company, to establish a $600 million private equity fund and a related joint venture in the PRC.
  • American International Group in its $2.16 billion sale of its 97% interest in Nan Shan Life Insurance Company to Ruen Chen Investment Holding Co. and Pou Chen Corporation.
  • American International Group and AIA Group in AIA’s spin-off from AIG and $20.51 billion initial public offering and listing in Hong Kong, constituting the largest IPO in Hong Kong’s history and the world’s largest IPO in the insurance sector.
  • Prudential Financial in its $4.8 billion acquisition of Japan-based AIG Star Life Insurance and AIG Edison Life Insurance from American International Group.
  • MassMutual in the sale of its interest in its Taiwan-based affiliate, MassMutual Mercuries Life Insurance Co.
  • American International Group in the proposed sale of AIA Group Limited to Prudential plc for $35.5 billion. (Terminated)
  • Prudential Financial in the $425 million sale of its South Korean investment and fund management business, Prudential Investment & Securities Co. Ltd. and Prudential Asset Management Co., to Hanwha Securities Co.
  • American International Group in its proposed $2.2 billion sale of Nan Shan Life Insurance Company, Ltd., the Taiwan life insurance company, to Primus Financial Holdings Limited and China Strategic Holdings Limited. This transaction was named “Deal of the Year” by Asian Counsel.
  • Prudential Financial in matters relating to The Gibraltar Life Insurance Company, a subsidiary of Prudential Financial, in its acquisition of Yamato Life.
  • China Life Insurance as U.S. counsel in its $3.62 billion listing of 1.5 billion A Shares on the Shanghai Stock Exchange.
  • American International Group in the acquisition of Central Insurance Co., a Taiwan property and casualty insurance company, in the first “going private” transaction in the financial services sector in Taiwan.
  • Prudential in its purchase, as part of a consortium with Carlyle, of 25% of China Pacific Life Insurance, in conjunction with a matching investment by controlling shareholder China Pacific Insurance (Group).
  • Prudential Financial in the acquisition by Prudential Life Insurance Company, a wholly owned subsidiary of Prudential Financial, of Aoba Life Insurance Company.
  • China Life in its nearly $3.5 billion global initial public offering and listing on the New York Stock Exchange, the largest IPO worldwide in 2003.
  • Prudential Financial in its acquisition of Kyoei Life Insurance Company in one of the first major investments by a U.S. life insurance company in the Japanese market.