Debevoise & Plimpton LLP is advising Fortitude Re in its $28 billion reinsurance transaction with The Lincoln National Life Insurance Company (Lincoln Financial Group). For more information, please see the company’s press release.

The Fortitude Re Group manages approximately $72 billion in general and separate account insurance reserves and administers more than 4.5 million insurance policies.

The Debevoise team was led by insurance M&A partner Alexander Cochran and counsel Megan Arrogante and included partner Marilyn Lion, associates Susie Kim and Alexandra Grady and law clerk Saraya Ivanova, investment management counsel Cate Bae and associate Brett Johnson, tax partner Daniel Priest, counsel Adam Namm and law clerk Oliva Daniels, banking counsel Emilie Hsu and finance law clerk Vlad Krasner.