Experience

• • Resolution Life, a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies, in the reinsurance of $35 billion in fixed indexed annuities from Allianz Life.
  • Manulife, a Canadian multinational insurance company and financial services provider, in its reinsurance deal with Venerable, a provider of risk transfer solutions to variable annuity issuers, releasing approximately $2 billion in capital.
  • Prudential in the sale of its retirement plan business to Empower for a total transaction value of $3.55 billion.
  • American International Group in its strategic partnership with Blackstone Group for its Life & Retirement business.
  • New York Life in its $6.3 billion acquisition of Cigna’s Group Life and Disability Insurance business.
  • Assurant in the $1.3 billion sale of its Global Preneed business to CUNA Mutual Group.
  • Nassau Financial Group in the issuance of $100 million of non-cumulative perpetual preferred equity to Wilton Re and Stone Point Credit.
  • 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.
  • Alaska National Insurance Company in its acquisition by Copperpoint Insurance Companies.
  • Japan Post Holdings in its purchase of a strategic stake of approximately 7% of outstanding common shares of Aflac.
  • AXA and AXA Equitable Holdings on the initial public offering of AXA Equitable Holdings on the New York Stock Exchange for approximately $4 billion, and AXA Equitable Holdings in its offering and sale of $3.8 billion of senior notes.
  • Syncora Holdings, as insurer of power revenue bonds issued by PREPA, Puerto Rico’s troubled electric utility, in the highly-publicized and complex restructuring negotiations relating to PREPA’s $8.3 billion of funded debt.