Experience

• • 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.
  • Brookfield Reinsurance in its $10 billion reinsurance agreement with American Equity Investment Life Insurance Company.
  • Prudential Financial in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • 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.
  • Assurant in the $1.3 billion sale of its Global Preneed business to CUNA Mutual Group.
  • The Independent Order of Foresters in its sale of Foresters Life Insurance and Annuity Company and Foresters Financial Holding Company, Inc. to Nassau Life Insurance Company, a subsidiary of Nassau Financial Group, L.P.
  • Principal Financial Group in its $1.2 billion acquisition of Wells Fargo & Company’s Institutional Retirement & Trust business.
  • Jackson National Life Insurance in its agreements to reinsure John Hancock Life Insurance’s Group Payout Annuity business.
  • 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.
  • Canada Pension Plan Investment Board in its $1.8 billion acquisition of Wilton Re, a U.S. life insurance and reinsurance provider.
  • Global Atlantic, a retirement and life insurance company, in its acquisition of the life insurance business of Aviva USA.
  • The Principal Financial Group in its acquisition of AFP Cuprum S.A., a pension manager in Chile.
  • TIAA-CREF in its partnership with Henderson Group PLC to create TIAA Henderson Real Estate Limited, a new global real estate investment management company.
  • 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.
  • Harbinger Group in its $350 million acquisition of Old Mutual U.S. Life Holdings.
  • Phoenix Life Insurance Company in a reinsurance transaction with Nomura Financial involving its demutualization closed block.
  • Pacific Life Insurance Company in numerous reserve financing facilities.
  • New York Life in its $1 billion offering of surplus notes.
  • Pacific Life Insurance Company in its $1 billion offering of surplus notes.
  • Principal Financial Group in its $750 million offering of senior notes and its $1 billion offering of common stock.
  • An insurance company in a $3.5 billion 30 year letter of credit facility to finance XXX and AXXX reserves.
  • Swiss Re and other lenders in the development of a $500 million 5-year surplus loan note facility for Farmers Insurance Exchange, a California interinsurance exchange.
  • A leading insurance company in a $2.5 billion securitization of its demutualization closed block, the largest life insurance securitization to date.
  • Provident Mutual in its $1.5 billion sponsored demutualization and acquisition by Nationwide Financial Services.
  • Morgan Stanley, as financial advisor, in the demutualization of EIG Mutual Holding Company, a Nevada insurance company.
  • 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.
  • Principal Financial Group in its $550 million offering of non-cumulative perpetual preferred stock and its $500 million offering of senior notes.
  • Pacific Life Insurance Company in the sale by bulk reinsurance of its small group health care business to PacifiCare.
  • Phoenix Life Insurance Company in the sale of broker-dealer subsidiaries to Linsco/Private Ledger Financial Services.
  • Pacific Life Insurance Company in the establishment of a $3 billion global funding agreement-backed medium term note program and an €8 billion retail European funding agreement-backed note program, the first of its kind.
  • 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.