Rajab S. Abbassi, P.C. Profile, Deals & Rankings

Rajab Abbassi's representative experience includes advising:

Mergers and Acquisitions

Aegon in the $1.4 billion sale of Transamerica Reinsurance to SCOR.
Aetna in its $1.45 billion agreement to sell its U.S. group life and disability business to The Hartford.
Aspen Insurance Holdings Limited in its $2.6 billion sale to certain investment funds affiliated with Apollo Global Management.
Aviva in its $2.5 billion sale of Aviva USA to Athene Holding.
Allstate in its $1.74 billion sale of Lincoln Benefit Life Company to Resolution Life Holdings.
Old Republic in the $140 million sale of its mortgage insurance business to Arch Capital Group.
Zurich Insurance Group in its acquisition of the individual and group life insurance business and the long-term savings operations of EuroAmerica in Chile.

Reinsurance and Insurance Transactions

Aegon in its deal to sell its two largest U.S. run-off businesses, reinsuring $14 billion of liabilities to affiliates of Wilton Re US Holding Inc.
Protective Life in its agreement to acquire Liberty Mutual’s individual life and annity business in a $3.3 billion multi-party transaction involving Liberty Mutual Group and Lincoln Financial Group.
Wilton Re in the reinsurance of $11 billion guaranteed universal life insurance block from Prudential Financial.

Private Equity and Investments

Bain Capital Insurance in a $350 million preferred equity investment in SelectQuote.
Centerbridge Partners on a $315 million equity funding round for Pie Insurance.
Further Global Capital Management in its investment in the parent company of LegalShield.
S.A.C. Capital in the sale of SAC Re to an investor group led by Two Sigma.

Strategic Partnerships and Joint Ventures

Consortium consisting of Bain, Carlyle, Centerbridge, and Gallatin Point in their agreement to exchange their existing preferred shares in Sirius International Insurance Group for a combination of cash and newly issued preferred shares in Third Point Reinsurance valued at $260 million upon the completion of the merger transaction between Sirius Group and Third Point Re.
Royalty Risk Management Company and its shareholders in the formation, structuring, and initial funding of WRM America Holding Company, LLC, a joint venture with Aquiline Capital Partners.
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.

Rajab S. Abbassi, P.C.