Insurance - Transactional and Regulatory

• American Family Mutual Insurance Company, S.I., in connection with the initial public offering of its affiliate Bowhead Specialty Holdings Inc.
• Herbie Re Ltd. as issuer and Fidelis Insurance Group as sponsor in connection with a $150 million catastrophe bond offering via Herbie Re Ltd.
• Hamilton Insurance Group, Ltd. on its initial public offering.
• Fidelis Insurance Holdings Limited in connection with its initial public offering on the New York Stock Exchange
• Lancashire Holdings Limited on its inaugural offering of $450 million aggregate principal amount of 5.625% Fixed-Rate Reset Junior Subordinated Notes due 2041
• CNO Financial in its public offering of $150 million of subordinated debentures
• Equitable Financial in its public offering of $300 million of depositary shares
• W. R. Berkley Corporation in its offering of $300 million aggregate principal amount of 4.125% Subordinated Debentures due 2061
• Essent Group in its $440 million public offering of 13.8 million common shares
• Fidelis Insurance Holdings Limited on its $500 million capital raise implemented by a rights offer and a private placement
• RenaissanceRe Holdings Ltd. in its registered public offering of 6,325,000 common shares (inclusive of the underwriters’ over-allotment option) and a concurrent private placement of 451,807 common shares, for total aggregate proceeds of approximately $1,095,546,015, after underwriting discounts and expenses
• W. R. Berkley Corporation in its $300 million offering of 4.00% Senior Notes Due 2050
• W. R. Berkley Corporation in its $300 million offering of 5.10% Subordinated Debentures Due 2059
• MetLife, Inc. in its public offerings of ¥151.7 billion senior notes
• FIS in its approximately US$8.2 billion (equivalent) multi-tranche senior notes offerings
• The initial purchasers in The Guardian Life Insurance Company of America’s private offering of $350 million aggregate principal amount of 4.850% surplus notes
• The Metropolitan Life Insurance Company in its issuance of $2 billion aggregate principal amount of senior secured notes
• Underwriters in an aggregate $950 million public offering of senior notes by Arch Capital Group Ltd.
• Underwriter in the secondary public offering of common shares by James River Group Holdings, Ltd.
• Aspen Insurance Holdings in its public offering of $250 million of perpetual non-cumulative preference shares
• The Allstate Corporation in connection with its offerings of $550 million 3.280% Senior Notes due 2026 and $700 million 4.200% Senior Notes due 2046
• The underwriters in the $436.5 million offering of depository shares by Arch Capital Group
• The Metropolitan Life Insurance Company in its issuance of $2 billion aggregate principal amount of funding agreement-backed notes
• The Prudential Insurance Company of America in its offering of $350 million of 1.450% Fixed Rate Notes due 2019
• Aspen Insurance Holdings in its underwritten public offering of $250 million of its 5.625% Perpetual Non-Cumulative Preference Shares
• FIS in its $2.5 billion public debt offering
• W. R. Berkley Corporation in its $290 million offering of subordinated debentures
• The underwriters in Radian Group Inc.’s offering of $350 million senior notes
• The lead book-running managers in The Hanover Insurance Group’s offering of $375 million senior notes
• W. R. Berkley Corporation in its $110 million offering of subordinated debentures
• FIS in its public offering of $4.5 billion aggregate of debt securities to finance its $9.1 billion acquisition of SunGard
• DaVinciRe Holdings, a joint venture of RenaissanceRe Holdings Ltd., in its $150 million 144A offering of senior notes
• RenaissanceRe Ltd. and its subsidiary, RenaissanceRe Finance Inc., in the subsidiary’s agreement to sell in an underwritten public offering $300 million aggregate principal amount of 3.700% senior notes, guaranteed by RenaissanceRe Holdings Ltd., and in a subsequent offering of $300 million aggregate principal amount of 3.450% Senior Notes due 2027
• BNP Paribas Securities Corp. as structuring and placement agent in the private placement of C$210 million of asset-backed notes issued by Valins I Limited, marking first Canadian dollar embedded value transaction since 2011
• Munich Re in the 144A offering of $75 million of principal at-risk notes through its Bermuda domiciled Fully Collateralized Reinsurance Sidecar, Eden Re I Ltd.
• The underwriters in James River Group Holdings, Ltd.’s $231 million Initial Public Offering
• Credit Agricole Securities (USA) as structuring lead and sole book-runner in the placement of $300 million of asset-backed notes issued by Chesterfield Financial Holdings LLC, marking the first securitization of U.S. life insurance embedded value since the financial crisis of 2008
• The underwriters in connection with Assured Guaranty’s $500 million public debt offering
• Lancashire Holdings Limited in its £131 million equity placing of common shares, to raise approximately one-half of the proceeds to fund its acquisition of Cathedral Capital Limited, and the admission of shares on the London Stock Exchange
• FIS in its $1.25 billion public debt offering
• The underwriters in connection with Radian Group’s concurrent common stock and convertible notes offerings with gross proceeds of $712 million
• The Allstate Corporation in its $500 million offering of subordinated debentures
• MetLife, Inc. in connection with the remarketing of $1 billion aggregate principal amount of debentures, the settlement of the related stock purchase contracts and the issuance and delivery of $1 billion of common stock thereunder
• MetLife, Inc. in its $750 million offering of senior notes
• Aspen Insurance Holdings in its $150 million underwritten public offering of perpetual non-cumulative preference shares
• The underwriters in connection with Arch Capital Group Ltd’s $325 million offering of its 6.75% Non-Cumulative Preferred Shares, Series C
• The underwriters in connection with PartnerRe’s $373.75 million offering of 7.25% Series E Cumulative Redeemable Preferred Shares
• Allied World Assurance Company Holdings, Ltd. in connection with its IPO, and various debt offerings and equity repurchase transactions
• The underwriters in connection with PartnerRe Ltd’s $500 million public debt offering
• RenaissanceRe Holdings Ltd. in connection with various offerings of common stock, senior notes, preference shares and trust preferred securities
• W. R. Berkley Corporation in connection with various public offerings of common stock, senior notes and trust preferred securities
• Zurich Financial Services in connection with various Rule 144A convertible debt and trust capital financings
• The underwriters in connection with various bond offerings by Marsh & McLennan Companies, Inc.
• The underwriters in connection with various public debt and hybrid securities offerings by The Allstate Corporation aggregating approximately $6.5 billion
• The underwriters in connection with various public debt and hybrid securities offerings by PartnerRe Ltd. aggregating $1.3 billion
• The underwriters in connection with various public debt and hybrid securities offerings by Arch Capital Group Ltd.
• The underwriters in connection with a public debt offering by MetLife, Inc.

• Starwind Specialty Insurance Services, LLC, a subsidiary of TIH, on its launch of collateralized reinsurer Fractal Re Ltd. 
• IK Partners on the sale of Ascentiel Groupe, a leading digital insurance brokerage platform, to Cobepa.
• Advised the Special Committee of The Westaim Corporation (TSXV: WED) in connection with the creation of an integrated insurance and asset management platform by CC Capital and The Westaim Corporation.
• AIG in the sale of its global individual personal travel insurance and assistance business to Zurich Insurance Group for $600 million plus additional earn-out consideration.
• Arch Insurance North America on its $450 million acquisition of Allianz’s U.S. MidCorp and Entertainment insurance businesses.
• SageSure in its proposed acquisition of GeoVera Advantage Insurance Services, Inc., the managing general agent of GeoVera, and a related client in its proposed acquisition of GeoVera’s insurance carriers.
• Title Resources Group (TRG) in its take-private acquisition of real estate technology company Doma Holdings.  
• Saudi Reinsurance Company on the sale its 49.9% stake in Probitas to Aviva plc for approximately £120 million.
• MGT Partners LLC in its acquisition of CM Select Insurance Company and launch of MGT Insurance.
• American Family Insurance Group in the sale of a majority stake in the attorney-in-fact of Trusted Resource Underwriters Exchange to funds managed by Gallatin Point Capital.
• Bamboo Ide8 Insurance Services, LLC in its approximately $285 million sale of a majority stake to White Mountains Insurance Group, Ltd.
• iA Financial Corporation in its acquisition of Vericity, a leader in direct-to-consumer life insurance solutions.
• Warburg Pincus in the launch of Prismic Life Reinsurance, Ltd. with Prudential Financial, Inc. 
• Japan Post Insurance in its strategic partnership with KKR and Global Atlantic Financial Group
• Zurich Insurance Group in the sale of an annuity portfolio of approximately $2.6 billion in reserves held in Chile to Ohio National Seguros de Vida S.A.
• The management and employees of TigerRisk Partners in its acquisition by Howden Group
• Delaware Life Insurance Company in its sale of Delaware Life Insurance Company of New York to Nassau Financial Group
• First American Financial Corporation on its acquisition of Mother Lode Holding Company, a provider of title insurance, underwriting and escrow services for real estate transactions with 17 operating subsidiaries throughout the U.S.
• Truist Insurance Holdings in its approximately $3.4 billion acquisition of BankDirect Capital Finance
• Aquiline Capital Partners in its majority investment in Distinguished Programs, a national insurance program manager
• CVS and Aetna International on the preferred partnership deal involving Aetna International’s International Private Medical Insurance business outside of the Americas, Thailand and India
• Blackstone in its landmark strategic partnership with Resolution Life, pursuant to which Blackstone and other investors will acquire Resolution Life in a transaction that will establish the company as a leading participant in the global life insurance and annuity consolidation business. 
• Volante Group in its sale of a majority stake to Acrisure
• Alleghany Corporation on its proposed $11.6 billion acquisition by Berkshire Hathaway
• Searchlight Capital Partners in its sale of Global Risk Partners, a leading UK-based insurance brokerage business
• QBE in its sale of Westwood Insurance Agency to BRP Group, Inc.
• Sixth Street in its insurance platform Talcott Resolution’s agreement to reinsure $25 billion of liabilities from Principal Financial Group
• Sixth Street in its agreement alongside Resolution Life to reinsure a $35 billion fixed index annuity portfolio of Allianz Life
• Velocity Risk Underwriters, LLC in its acquisition by Oaktree Capital Management, L.P.
• Centerbridge Partners in its acquisition of a controlling stake in Realogy's title insurance underwriter, as part of a strategic agreement to form a title insurance underwriter joint venture with Realogy
• Weinberg Capital Partners on its announced sale of its majority stake in Résilians to Motion Equity Partners
• Truist Insurance Holdings in its acquisition of Constellation Affiliated Partners
• Allstate in connection with the pending $2.8 billion sale of Allstate Life Insurance Company to entities managed by Blackstone
• Homeowners of America (HOA), a Managing General Agent (MGA) and insurance carrier hybrid, in its acquisition by Porch Group
• Sixth Street, a leading global investment firm, in its acquisition of Talcott Resolution Life Insurance Company from a consortium of investors
• Zurich Insurance Group and its subsidiary Farmers Group, Inc. in the $3.94 billion acquisition by Farmers Group of MetLife’s property and casualty business
• Allstate in connection with its approximately $4 billion acquisition of National General Holdings
• Equitable Holdings, Inc. in the sale of its Corporate Solutions life reinsurance subsidiary and related agreement to reinsure a legacy variable annuity block (approximately $12 billion of general account reserves) to Venerable Holdings
• Voya Financial, Inc. in the sale of its life insurance operations to Resolution Life Group Holdings Ltd. For approximately $1.25 billion
• Truist Insurance Holdings in its acquisition of Wellington Risk Holdings, an Insurtech that operates as a managing general agent in the admitted residential property markets
• Stone Point Capital in its exchange agreement with Enstar involving Atrium and StarStone U.S.
• Aquiline Capital Partners on the recapitalization of StarStone U.S., a specialty property & casualty insurance carrier
• Spinnaker Insurance Company, a licensed national property and casualty insurer, in its acquisition by Hippo Insurance Services
• Fidelity National Financial, the nation's largest title insurance company, in its acquisition of FGL Holdings for $2.7 billion
• Zurich Insurance Group in its agreement to sell its U.S. Corporate Life and Pensions (Group Benefits) business to Aflac
• RenaissanceRe on the sale of RenaissanceRe (UK) Limited, its UK run-off business, to AXA Liabilities Managers
• Searchlight Capital Partners in its acquisition of Global Risk Partners, a leading UK-based insurance brokerage business
• Global insurance organization American International Group in its agreement to sell a 76.6 percent interest in Fortitude RE to The Carlyle Group and Tokyo-based T&D Holdings for approximately $1.8 billion
• BNP Paribas Cardif in the negotiation of a long-term bancassurance strategic alliance in Latin America with Scotiabank
• The Special Committee of the Board of Directors of EMC Insurance Group Inc. in connection with Employers Mutual Casualty Company’s $356 million acquisition of all of the remaining shares of EMCI
• Protective Life Corporation on the $1.2 billion acquisition of Great-West Life & Annuity Insurance Company’s individual life insurance and annuity business
• Hospitals Insurance Company and FOJP Service Corporation in their sale to The Doctors Company for $650 million
• Neuberger Berman in its acquisition of insurance-linked strategies manager Cartesian Re (developed as a portfolio company of Cartesian Capital Group) and affiliated reinsurer Iris Re
• RenaissanceRe Holdings Ltd., global provider of reinsurance and insurance, in its $1.5 billion deal to acquire Tokio Marine Holdings Inc.’s reinsurance platform, which includes Tokio Millennium Re AG and Tokio Millennium Re (UK) Limited
• Glatfelter Insurance Group, one of the largest privately owned insurance brokers in the United States, in its acquisition by global insurer American International Group, Inc.
• Nephila Holdings Limited, the pre-eminent insurance-linked securities manager in the world, in its agreement to be acquired by Markel
• Aspen Insurance Holdings Limited in its agreement to be acquired by certain investment funds affiliated with Apollo Global Management, a leading global alternative investment manager, for $2.6 billion
• J.C. Flowers & Co LLC on its establishment of a London wholesale broking platform and the acquisition of two London brokers, SSL Insurance Group and Endeavour Insurance Services
• Zurich Insurance Group in its acquisition of the individual and group life insurance businesses and the long-term savings operations of EuroAmerica in Chile
• Zurich Insurance Group in its agreement to acquire 19 travel assistance providers in Latin America, positioning its Cover-More Group as the leader in global travel insurance and assistance in the region
• The Special Committee of the Board of Directors of AmTrust Financial Services, Inc. in sale to Stone Point Capital, the CEO and the Karfunkel Family
• Zurich Insurance Group in its agreement to acquire Australian insurer QBE in Latin America for $409 million
• Perella Weinberg as financial advisor to AIG in a $5.6 billion acquisition of reinsurer Validus
• Voya Financial in its agreement to sell its Closed Block Variable Annuity segment (with account value of approximately $35 billion) and fixed and fixed indexed annuities business (with account value of approximately $19 billion) to an investor group including affiliates of Apollo Global Management LLC and Athene Holding, Ltd.
• Aetna, one of the leading diversified health care benefit companies in the United States, in its $1.45 billion agreement to sell its U.S. group life and disability business to The Hartford
• Assurant, Inc., a premier global provider of risk management solutions, in its $2.5 billion acquisition of The Warranty Group, a leading global provider of protection plans and related programs
• Alleghany Corporation in the $150 million sale of Pacific Compensation Insurance Company, an underwriter of workers' compensation insurance, to CopperPoint Mutual Insurance Company
• MetLife, Inc. in the separation of its U.S. retail business and its spin-off of Brighthouse Financial, Inc., creating two independent, publicly-traded companies
• Aegon in its deal to sell its two largest U.S. run-off businesses, pursuant to which Aegon's Transamerica life subsidiaries will reinsure $14 billion of liabilities to affiliates of Wilton Re US Holding Inc.
• Aquiline Capital Partners in its agreement to acquire Simply Business, the UK’s biggest business insurance provider, and in its subsequent sale of Simply Business to Travelers
• Aeolus, its founder and management team in the acquisition of a controlling interest in Aeolus by Elliott Management
• Allied World in its acquisition by Fairfax Financial for $4.9 billion in cash and stock
• Ironshore Inc. in its pending acquisition by Liberty Mutual Group Inc.for approximately $3 billion
• QBE Insurance Group Limited in its pending transaction with Enstar Group Limited to reinsure QBE’s U.S. multi-line property and casualty business
• Allstate in its agreement to acquire SquareTrade, a provider of consumer electronics and appliance protection plans, for $1.43 billion
• Argo Group, an international underwriter of specialty insurance and reinsurance products, in its pending acquisition of Ariel Re, a global underwriter of insurance and reinsurance business, for approximately $235 million in cash
• Genworth Financial in its $2.7 billion pending acquisition by China Oceanwide; the transaction includes an additional $1.1 billion capital contribution
• Medical Liability Mutual Insurance Company (MLMIC) in its pending acquisition by National Indemnity Company, a Berkshire Hathaway subsidiary
• RenaissanceRe Holdings Ltd. in its acquisition of 595,238 common shares of Kingstone Companies, Inc. through a private placement
• MetLife in the sale of its national distribution sales force
• BB&T Corporation in its pending acquisition of Swett & Crawford from Cooper Gay Swett & Crawford for $500 million in cash
• Aquiline Capital Partners in its majority investment in Wellington Insurance Group, an insurance risk distribution and financial services organization
• Zurich Insurance Group in its agreement to acquire Rural Community Insurance Services (RCIS) from a financial institution for up to $1.05 billion
• Centerbridge Partners in its acquisition of Superior Vision Corporation, a leader in managed vision care, from Nautic Partners
• Genworth Financial in its sale, via reinsurance, of a block of term life insurance to Protective Life Insurance Company
• BB&T Insurance in its acquisition of a stake in Miller Insurance Services, a top five Lloyd’s broker
• Assurant in the $940 million sale of its employee benefits business to Sun Life Financial
• HCC Insurance Holdings, Inc., a world leading specialty insurer, in its $7.5 billion deal to be acquired by Tokio Marine Holdings, Inc., Japan's largest insurance group
• Private equity firm First Reserve in the approximately $267 million sale of its stake in Enstar, the owner and manager of diversified insurance companies, to Canada Pension Plan Investment Board
• BB&T Insurance Holdings Inc., a subsidiary of BB&T Corporation, in its deal to significantly increase its partnership interest in AmRisc, LP and in BB&T Corporation’s related deal to sell American Coastal Insurance Company to certain members of the AmRisc management team
• American International Group, Inc. in its acquisition of a controlling interest in NSM Holdings, Inc.
• Credit Suisse Securities as financial advisor to Montpelier Re Holdings Ltd. in Montpelier’s $1.8 billion agreement to be acquired by Endurance Specialty Holdings Ltd.
• RenaissanceRe Holdings Ltd. in its acquisition of Platinum Underwriters Holdings, Ltd. for total consideration of approximately $1.9 billion
• New York Life in its pending acquisition of 60 percent of John Hancock Financial’s closed block comprised primarily of participating whole life insurance, comprising 1.3 million policies encompassing more than $11 billion in liabilities
• New York Life in its pending sale of New York Life Retirement Plan Services (RPS) to John Hancock
• Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc., in its agreement to sell 100% of the issued and outstanding shares of Radian Asset Assurance Inc. to Assured Guaranty Corp., a subsidiary of Assured Guaranty Ltd.
• Dai-ichi Life Insurance Company, Limited in its $5.7 billion acquisition of Protective Life Corporation
• The Catlin Group as part of the investor group in Westaim Corp.’s acquisition of a 42.5 percent stake in Houston International Insurance Group
• The Wright Insurance Group, LLC in its $602.5 million sale to Brown & Brown, Inc.
• Alea Group Holdings (Bermuda) Ltd in its sale to Catalina Holdings (Bermuda) Ltd.
• Homesite Group, Inc. in its $616 million sale to American Family Insurance
• RenaissanceRe Holdings Ltd. in the sale of RenRe Energy Advisors Ltd., its U.S.-based weather and energy unit, to Munich Re
• Lancashire Holdings Limited in its £266 million pending acquisition of Cathedral Capital Limited and related Lloyd’s managing agency and syndicates
• Protective Life Corporation in its $1.06 billion acquisition of MONY Life Insurance Company and the reinsurance of certain business of MONY Life Insurance Company of America from affiliates of AXA S.A.
• Aviva plc in its $1.8 billion sale of Aviva USA Corporation, its U.S. life and annuities business and related asset management operations, to Athene Holding Ltd, a life insurance holding subsidiary of Apollo Global Management LLC
• Ariel Re in the sale of its insurance and reinsurance operations to Arrow Corporate Member Holdings LLC, a subsidiary of Goldman Sachs Reinsurance Group
• Zurich Financial Services Group in its $1.67 billion acquisition of a controlling interest in Banco Santander SA’s Latin America insurance businesses
• WRM America Holdings LLC in its $210 million acquisition of Fidelity National Financial’s flood insurance business
• Allied World Assurance Company Holdings, AG in its proposed $8.5 billion merger agreement with Transatlantic Holdings, Inc.
• RenaissanceRe Holdings Ltd. in the sale of its U.S. insurance business to QBE Holdings, Inc.
• Aspen Holdings, Inc. (doing business as FirstComp) in its acquisition by Markel Corporation
• Converium Holding Ltd in its acquisition by Scor S.A.
• American Bankers Insurance Group Inc. in its acquisition by Fortis (Cendant)
• Farmers Group Inc. in its acquisition of Bristol West Holdings, Inc.
• Farmers Group Inc. in its $1.9 billion acquisition of AIG’s personal auto group
• Zurich Life in its acquisition by Bank One Corporation
• Allied World Assurance Company Holdings in its acquisition of Darwin Professional Underwriters, Inc.
• Royal Sun Alliance Insurance Group in its acquisition of Codan
• Allied World Assurance Company Holdings, Ltd in its $563.4 million share repurchase from a founding shareholder
• W. R. Berkley Corporation in connection with various acquisitions, ventures and investments
• Swiss Re Holding Corporation in its acquisition of Underwriters Re Group
• Munich Re/ERGO in its acquisition of BBV Italia S.p.A.

• RenaissanceRe in connection with its formation and ongoing representation
• PartnerRe, Ltd. in connection with its formation and initial private placement and public offering of securities (reported to include the largest initial public offering in history for a start-up reinsurance company)
• Aeolus Ltd. in connection with its formation and ongoing representation
• Allied World Assurance Company Holdings, Ltd., including in connection with its concurrent initial public offering and a public offering of investment grade notes
• Arch Capital Group Ltd.

• The Fidelis Partnership and Fidelis Insurance Group in connection with the launch of Lloyd’s Syndicate 3123
• Baloise Belgium NV in an approximately €900 million collateralized reinsurance transaction with RGA 
• Prudential Financial, Inc. on its agreement to reinsure a $12.5 billion guaranteed universal life block with Somerset Re
• Prudential Financial, Inc. on its agreement to reinsure a $10 billion block of variable annuities with an affiliate of Constellation Insurance Holdings, Inc.
• Equitable Holdings, Inc. (NYSE: EQH) in its $12 billion agreement with Venerable Holdings to reinsure a legacy variable annuity block
• Stone Point Capital in its exchange agreement with Enstar involving Atrium and StarStone U.S.
• Assured Guaranty in its agreement to reinsure Syncora’s insured portfolio in $14.5 billion transaction
• Protective Life Corporation in its agreement to acquire Liberty Mutual’s individual life and annuity business in a $3.3 billion multi-party transaction involving Liberty Mutual Group and Lincoln Financial Group
• Aegon in its deal to sell its two largest U.S. run-off businesses, pursuant to which Aegon's Transamerica life subsidiaries will reinsure $14 billion of liabilities to affiliates of Wilton Re US Holding Inc.
• Zurich Insurance Group in the reinsurance to RGA of a $2.3 billion block of Zurich’s in-force annuity business
• Swiss Re Corporate Solutions Ltd in its agreement to establish a joint venture with Bradesco Seguros, creating a leading commercial large-risk insurer in Brazil
• Kinesis and its sponsors, Kinesis Capital Management and Lancashire, on the establishment of Kinesis and its multiple tranche equity funding commitments by investors to Kinesis as a market-facing collateralized reinsurer and segregated accounts fund
• ING in the sale of its annuity business to Global Atlantic
• Aspen Insurance Holdings Limited in the set up of its new capital markets division, Aspen Capital Markets, and in connection with the offering of $65 million aggregate principal amount of participating notes by the division’s first sidecar, Bermuda-domiciled special purpose insurer, Silverton Re , as well as in the $85 million renewal of the Silverton Re sidecar in 2015
• Berkshire Hathaway in connection with a reinsurance transaction in which Berkshire Hathaway reinsured $4 billion of guaranteed minimum death benefit and guaranteed minimum income benefit exposure of Cigna
• RenaissanceRe Holdings Ltd. in connection with various joint ventures and sidecar transactions, including DaVinci Re, RispondeRe (Live Cat back-up facility), Starbound Re, Timicuan Re, Channel Reinsurance Ltd., and others
• RenaissanceRe Holdings Ltd. in connection with its investment in Essent Group Ltd., the first private mortgage insurance company established in the United States since the start of the current financial crisis, and in connection with its investment in Platinum Underwriters Holdings, Ltd.
• The lead arranger and bookmaker in connection with a $500 million reinsurance sidecar established by CIG Reinsurance Ltd.
• Marsh Inc. in connection with the creation of MaRI (Marsh Risk Innovations), a first-of-its-kind insurance facility designed to provide additional capacity to the depleted property catastrophe insurance market
• The lead arranger and bookmaker in connection with a $730 million sidecar established by AIG involving the issuance of both debt and equity

• Truist Insurance Holdings in its acquisition of Kensington Vanguard National Land Services

Insurance and Reinsurance Companies

• Formation and licensing of insurance and reinsurance companies
• Insurance regulatory filings incident to insurance company mergers and acquisitions and other change of control transactions, restructurings, conversions, significant reinsurance transactions and affiliate transactions
• Insurance holding company act compliance, statutory investment and securities lending compliance, anti-trust advice, and McCarran Ferguson Act advice

Insurance Producers and Reinsurance Intermediaries

• Formation and licensing of producers, managing general agents and reinsurance brokers, and insurance regulatory filings incident to mergers and acquisitions, other change of control transactions, and conversions
• Advice on various compliance issues including anti-rebating laws, electronic delivery of insurance policies, fiduciary funds requirements, unauthorized insurance transactions, compensation disclosure, premium finance compliance, referral arrangements and commission sharing limitations

Insurance Investors and Insurance Groups

• Acquisition of life settlements, advice on life settlement and viatical settlement requirements and regulatory developments
• Filing control disclaimers on behalf of insurance company investors pursuant to state insurance holding company acts, advice on financial guaranty insurance and related products, and general assistance to non-insurers with respect to referral arrangements and captive insurance companies
• Representation of creditors and policyholders in insurer insolvency and conversion proceedings including advice on guaranty fund coverage

• The New York State Insurance Department with respect to the demutualization of the Equitable Life Assurance Society of the United States
• A financial adviser to the Massachusetts Division of Insurance with respect to the demutualization of State Mutual Life Insurance Company of America
• The New Jersey Commissioner of Insurance in his capacity as the Rehabilitator of Mutual Benefit Life Insurance Company in connection with the sale of Mutual Benefit’s group life, accident and health, disability and dental insurance businesses
• An insurance trust with approximately 500,000 certificate holders in the demutualization of The Prudential Insurance Company of America