Peter D. Edgerton

Sidley is representing OneAmerica Financial in the sale of its full-service retirement plan business to Voya. The business comprises 401(k), 403(b), 457, non-qualified deferred compensation, and employee stock ownership plans. The transaction involves approximately US$60 billion of assets under administration. OneAmerica Financial is a leading, national financial services organization. Voya is a leading health, wealth, and investment company. The Sidley team is led by Sean Keyvan (Financial Institutions – Insurance), and includes John White, K.C. Nipper, Cameron Baxendale, Jim Ford, Paul Drake, Josephine Bryan, Lucas Grisham, and law clerk Joshua Jorgensen (Financial Institutions – Insurance), Mark Kaufmann, Kyle Barnett, Dina Kang (Technology Transactions), Peter Edgerton, Wondha Cadet (Tax), Beth Dickstein, Karim Pirani, Lizzy Burns (Employee Benefits and Executive Compensation), Natalie Chan, Allison Ivey Toth (Labor and Employment), Steve McInerney, and Philip Robbins (Privacy and Cybersecurity).~~Sidley is representing OneAmerica Financial in the sale of its full-service retirement plan business to Voya. The business comprises 401(k), 403(b), 457, non-qualified deferred compensation, and employee stock ownership plans. The transaction involves approximately US$60 billion of assets under administration. OneAmerica Financial is a leading, national financial services organization. Voya is a leading health, wealth, and investment company. The Sidley team is led by Sean Keyvan (Financial Institutions – Insurance), and includes John White, K.C. Nipper, Cameron Baxendale, Jim Ford, Paul Drake, Josephine Bryan, Lucas Grisham, and law clerk Joshua Jorgensen (Financial Institutions – Insurance), Mark Kaufmann, Kyle Barnett, Dina Kang (Technology Transactions), Peter Edgerton, Wondha Cadet (Tax), Beth Dickstein, Karim Pirani, Lizzy Burns (Employee Benefits and Executive Compensation), Natalie Chan, Allison Ivey Toth (Labor and Employment), Steve McInerney, and Philip Robbins (Privacy and Cybersecurity).

Sep 11

1 min

Sidley represented Ancient Financial on its launch as a specialized reinsurance and asset management platform focused on the life and annuity sector and in connection with its agreement to acquire F&G Life Re Ltd from F&G Annuity & Life, Inc. (NYSE: FG), which will be renamed Ancient Re Ltd. Ancient Financial has launched as an independent platform focused on life and annuity reinsurance and asset management. In connection with the transaction, F&G will make a minority strategic investment in Ancient Financial and enter into a forward-flow reinsurance agreement with Ancient Re. The Sidley team was led by Joseph Schwartz and included Spencer Slabaugh, Alison Hocevar, and Chuck Daly (Investment Funds); Sean Carney, Paige Levitt, Ian Helmuth, Kyle Barnett, Curt Ostosh, Cole Hunter, Claire Ramsey, Taylor Shuman, Udensi Kalu, and Ryan McLeod (M&A and Insurance); Lauren Gallagher (Employee Benefits and Executive Compensation); Jen Fernandez (Global Arbitration, Trade and Advocacy) and Peter Edgerton, Nathan Enfield, and George Chen (Tax).

Feb 24

1 min

Sidley is advising RGA in a US$4.1 billion reinsurance transaction to acquire a long-term care (LTC) block and a structured settlements block from John Hancock, a subsidiary of Manulife. The blocks comprise US$1.9 billion in LTC liabilities and US$2.2 billion in structured settlement liabilities. Publicly traded RGA is a leading global life and health reinsurer. Manulife is a leading international financial services group. The transaction is one of the few LTC reinsurance trades in recent years, and represents Sidley’s ability to guide clients in their most complex and significant insurance industry transactions. The Sidley team is led by Tony Ribaudo, Mike Devins, and John Grothaus (all Financial Institutions – Insurance), and includes Jennifer Chae, Riley Arnold, Jim Ford (all Financial Institutions – Insurance), Peter Edgerton, Nathan Enfield (both Tax), Steve McInerney (Privacy and Cybersecurity), Stan Boris, Joel Feinberg (both Banking and Financial Services), Andy Shoyer, and Carys Golesworthy (both Global Arbitration, Trade and Advocacy).~~Sidley is advising RGA in a US$4.1 billion reinsurance transaction to acquire a long-term care (LTC) block and a structured settlements block from John Hancock, a subsidiary of Manulife. The blocks comprise US$1.9 billion in LTC liabilities and US$2.2 billion in structured settlement liabilities. Publicly traded RGA is a leading global life and health reinsurer. Manulife is a leading international financial services group. The transaction is one of the few LTC reinsurance trades in recent years, and represents Sidley’s ability to guide clients in their most complex and significant insurance industry transactions. The Sidley team is led by Tony Ribaudo, Mike Devins, and John Grothaus (all Financial Institutions – Insurance), and includes Jennifer Chae, Riley Arnold, Jim Ford (all Financial Institutions – Insurance), Peter Edgerton, Nathan Enfield (both Tax), Steve McInerney (Privacy and Cybersecurity), Stan Boris, Joel Feinberg (both Banking and Financial Services), Andy Shoyer, and Carys Golesworthy (both Global Arbitration, Trade and Advocacy).

Nov 21

1 min

Sidley represented National Life Group (NLG) in a US$4.9 billion reinsurance transaction with 26North Reinsurance Holdings (26N Re). Under the transaction, Life Insurance Company of the Southwest (LSW), a member company of NLG, has agreed to cede a seasoned and diversified block of multi-year guarantee and fixed index annuity products to 26N Re. In addition, 26N Re has agreed to provide quota share reinsurance for future fixed annuities issued by LSW. NLG, through one of its companies, is a minority owner in the 26N Re subsidiary reinsuring the policies ceded by LSW. The Sidley team was led by Jon Kelly and Vince Onorato (both Financial Institutions – Insurance), and included Andrew Holland, law clerk Cameron Baxendale (both Financial Institutions – Insurance), Peter Edgerton (Tax), Dan Spies, Allison Hocevar (both Investment Funds), and Eileen Liu (Employee Benefits).~~Sidley represented National Life Group (NLG) in a US$4.9 billion reinsurance transaction with 26North Reinsurance Holdings (26N Re). Under the transaction, Life Insurance Company of the Southwest (LSW), a member company of NLG, has agreed to cede a seasoned and diversified block of multi-year guarantee and fixed index annuity products to 26N Re. In addition, 26N Re has agreed to provide quota share reinsurance for future fixed annuities issued by LSW. NLG, through one of its companies, is a minority owner in the 26N Re subsidiary reinsuring the policies ceded by LSW. The Sidley team was led by Jon Kelly and Vince Onorato (both Financial Institutions – Insurance), and included Andrew Holland, law clerk Cameron Baxendale (both Financial Institutions – Insurance), Peter Edgerton (Tax), Dan Spies, Allison Hocevar (both Investment Funds), and Eileen Liu (Employee Benefits).

May 8

1 min

Sidley is representing LWCC, Louisiana’s largest workers’ compensation insurance carrier, in its acquisition of Prescient National. Prescient National is a North Carolina-based, AM Best “A” rated, high-performing national workers’ compensation insurance company. The Sidley team is led by Sean Carney and Nicole Mouzakiotis (both Financial Institutions – Insurance), and includes Sara Africano, Scott Goldstein, Michael Bay, Paul Drake, and Jordan Papai (Financial Institutions – Insurance); Peter Edgerton, Tyler Replogle, and Alice Qin (Tax); Eileen Liu and Paige Garcia (Employee Benefits and Executive Compensation); Elizabeth McCloy and Brandon Bryer (Real Estate); Natalie Chan, Teresa Reuter, and Allison Ivey Toth (Labor, Employment and Immigration); Steve McInerney and Philip Robbins (Privacy and Cybersecurity); Stephen Fronk, Paul Kariyawasam, and Adia Brantley (Technology and Life Sciences Transactions); Maureen Crough and Sarah Jehl (Environmental); and Edward Sharon (Antitrust and Competition).~~Sidley is representing LWCC, Louisiana’s largest workers’ compensation insurance carrier, in its acquisition of Prescient National. Prescient National is a North Carolina-based, AM Best “A” rated, high-performing national workers’ compensation insurance company. The Sidley team is led by Sean Carney and Nicole Mouzakiotis (both Financial Institutions – Insurance), and includes Sara Africano, Scott Goldstein, Michael Bay, Paul Drake, and Jordan Papai (Financial Institutions – Insurance); Peter Edgerton, Tyler Replogle, and Alice Qin (Tax); Eileen Liu and Paige Garcia (Employee Benefits and Executive Compensation); Elizabeth McCloy and Brandon Bryer (Real Estate); Natalie Chan, Teresa Reuter, and Allison Ivey Toth (Labor, Employment and Immigration); Steve McInerney and Philip Robbins (Privacy and Cybersecurity); Stephen Fronk, Paul Kariyawasam, and Adia Brantley (Technology and Life Sciences Transactions); Maureen Crough and Sarah Jehl (Environmental); and Edward Sharon (Antitrust and Competition).

Dec 18

1 min