Experience

• • American Coastal Insurance Corporation in its sale of Interboro Insurance Company to Forza Insurance Holdings.
  • 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.
  • Resolution Life in its strategic partnership with Blackstone, including a $500 million strategic investment, for its life insurance and annuity consolidation business.
  • Chubb in the negotiation of a long term distribution agreement with NuBank in Brazil, Mexico and Colombia.
  • The Travelers Companies in the acquisition of the technology and development teams of Trōv, a digital insurance provider and one of the first and leading insurtech companies.
  • Global Atlantic, a retirement and life insurance company, in its recapitalization of Drawbridge Realty’s $1.7 billion portfolio of office properties.
  • AXAR Capital Management LP in a purchase agreement for the acquisition of Pavonia Life Insurance Company of Michigan from Global Bankers Insurance Group.
  • Covéa in its $9 billion acquisition of Partner Re, the largest deal in the insurance sector in 2021.
  • Covéa in the reinsurance of 30% of all in-force business carried by SCOR’s Irish Life entities as of December 31, 2020.
  • Covéa in its $750m investment in Lorenz Re, a Bermuda reinsurance company established to enable PartnerRe to participate in the investor backed collateralized reinsurance market.
  • Global Atlantic, a retirement and life insurance company with $70 billion in investable assets, in its $4.4 billion sale to KKR.
  • Prudential Financial in its $1.9 billion sale of Prudential Life Insurance of Korea to KB Financial Group.
  • New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
  • Chubb in the acquisition of Banchile Seguros de Vida and Segchile Seguros Generales from a subsidiary of Quiñenco S.A. and other minority investors.
  • Prudential Financial in its $2.35 billion acquisition of Assurance IQ.
  • 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.
  • Travelers in the sale to Porto Seguro of renewal rights in certain lines of property and casualty insurance business in Brazil.
  • 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.
  • AXA in its acquisition of Bermuda-based XL/Catlin Group for $15.3 billion in connection with insurance M&A and regulatory matters.
  • American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.
  • Bedrock Insurance in its proposed acquisition of Ashmere Insurance, a workers’ compensation specialty insurance company. (Terminated)
  • 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)
  • Kuvare in its acquisition of United Life Insurance Company.
  • 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)
  • Exor as insurance M&A counsel in its contested $6.9 billion acquisition of PartnerRe, a Bermuda-based reinsurance company.
  • AXA in its agreement with SulAmérica to acquire 100% of its Large Industrial and Commercial risks insurance business in Brazil.
  • 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.
  • Global Atlantic, a retirement and life insurance company, in the sale of Ariel Re, its Bermuda and Lloyd’s insurance and reinsurance businesses to BTG Banco Pactual.
  • Diamond Castle in the restructuring of, and secondary sale of interests in, Diamond Castle Partners IV. In the transaction, investment funds managed by Goldman Sachs Asset Management, Intermediate Capital Group and other syndicate investors committed capital to a newly formed Diamond Castle-managed fund that acquired most of the portfolio of Fund IV, and Fund IV limited partners elected either to participate in the longer term potential of the portfolio by rolling their interests into the new fund or to effectively sell their interests to the buying syndicate.
  • AXA in its acquisition of 51% of Mercantil Colpatria’s insurance operations in Colombia for COP 672 billion.
  • 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.
  • Goldman Sachs in the formation, separation and disposition of Global Atlantic Financial Group.
  • New York Life Insurance in the sale of New York Life Insurance Taiwan Corporation, its Taiwan life insurance subsidiary, to Yuanta Financial Holding.
  • 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.
  • Prudential Financial in its sale of Afore XXI, a Mexican private pension manager, to Banorte.
  • 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.
  • Prudential Financial in the sale of its real estate brokerage and relocation business to Brookfield Residential Property Services.
  • Harbinger Group in its $350 million acquisition of Old Mutual U.S. Life Holdings.
  • Prudential Financial in its $4.8 billion acquisition of Japan-based AIG Star Life Insurance and AIG Edison Life Insurance from American International Group.
  • BM&F Bovespa in its $620 million investment in and joint venture with CME Group to form Global Preferred Strategic Partners.
  • Syncora Holdings and its subsidiary, Syncora Guarantee, in the subsidiary's comprehensive $6 billion restructuring relating to its transactions with various financial institutions that were counterparties to its credit default swaps and holders of residential mortgage-backed securities that it guaranteed.
  • Stone Point Capital in its acquisition of a 51% interest in First Insurance Solutions Group from Fiserv.