Debevoise & Plimpton LLP has advised Swiss Re in a strategic partnership with Resolution Life in support of its transaction with Farmers New World Life Insurance Company (FNWL), a subsidiary of Zurich Insurance. Pursuant to the agreement, Resolution Life will retrocede all of the reinsured term life insurance liabilities of FNWL to Swiss Re. For more information, please see Resolution Life’s press release.
Swiss Re is a provider of reinsurance, insurance and other forms of insurance-based risk transfer.
The Debevoise team was led by insurance M&A counsel Megan Arrogante and included partners Alexander Cochran and Andrew Jamieson and associate Katie Power, tax partner Michael Bolotin and associate Sabrina Hsieh and litigation associate Michael Roberts.