Partner
CurrentRepresentative insurance-related tax matters include:- Global Atlantic in its $10 billion block reinsurance agreement with Manulife across the latter’s U.S. and Japan businesses- Liberty Mutual Insurance in its $2.5 billion sale of Liberty Seguros, S.A. to Generali Group; the $1.5 billion sale of its Liberty Seguros’s personal and small commercial businesses in Brazil, Chile, Colombia and Ecuador to HDI International AG, a subsidiary of Talanx Group; the sale of its Pembroke Managing Agency Limited, Ironshore Europe DAC businesses and Visionary operations to Hamilton Insurance Group; the $3.3 billion sale of Liberty Life Assurance Company of Boston to Lincoln National Corporation; the establishment of a $160 million collateralized reinsurance program involving the formation of special purpose insurer Limestone Re Ltd.; and its $3 billion acquisition of Ironshore Inc. from Fosun International Limited- Principal Life Insurance Company in its $25 billion reinsurance transaction with an affiliate of Sixth Street and its insurance platform, Talcott Resolution Life Insurance Company, to reinsure $16 billion of fixed retail annuity and $9 billion of life insurance- Liberty Mutual Holding Company in its acquisition of State Auto Group- Safe Auto Insurance Group in its $300 million acquisition by The Allstate Corporation- Principal Financial Group in its cooperation agreement with affiliates of Elliott Management Corporation, pursuant to which two new independent directors, Maliz Beams and Alfredo Rivera, will be added to Principal’s boardOther notable representations include:- Duke Energy Corporation in the $2.8 billion sale of its unregulated utility scale commercial business to Brookfield Renewable- Mars, Incorporated in its $1.3 billion acquisition of Heska Corporation and $9.1 billion acquisition of VCA Inc.- A-Street in its $150 million investment in Great Minds PBC