Debevoise & Plimpton LLP is advising Global Atlantic in connection with the retrocession of approximately $5 billion of long-term care reserves assumed from Manulife’s U.S. business. For more information, please see the company’s press release.

The Debevoise team is led by insurance M&A partner Nicholas Potter and counsel Megan Arrogante and includes associates Rory Heller, Joey Kaminsky and Katie Power.