Sean M. Keyvan

Examples of Sean’s experience include representation of:

Insurance M&A

• Admiral Group in the sale of its U.S. operations to J.C. Flowers (pending).
• OneAmerica Financial in the sale of its full-service retirement plan business to Voya, involving approximately US$60 billion of assets under administration.
• Blue Cross Blue Shield of Michigan in its affiliation with Blue Cross and Blue Shield of Vermont.
• American International Group in the sale of Crop Risk Services to American Financial Group for approximately US$240 million.
• Prudential Financial, Inc. in the sale of a US$31 billion portion of its in-force legacy variable annuity block for US$2.2 billion to Fortitude Re, Bermuda’s largest multi-line reinsurer.
• Hagerty in its merger with Aldel Financial Inc., resulting in a combined publicly traded company with a market capitalization of approximately US$3.13 billion, including a US$704 million fully committed PIPE.
• Kemper Corporation in its US$370 million acquisition of American Access.
• Sirius International Insurance Group in its strategic merger with Third Point Reinsurance, creating a US$3.3 billion company.
• Cigna in the US$6.3 billion sale of its group life and disability insurance business to New York Life.
• American International Group in the US$476 million strategic minority investment by The Carlyle Group in Fortitude Re, and Fortitude Re in its subsequent US$2.2 billion sale by American International Group to The Carlyle Group and T&D Holdings.
• Sirius International Insurance Group in its merger with Easterly Acquisition Corp., resulting in a combined publicly traded company with a market capitalization of approximately US$2.2 billion.
• American International Group in the multi-billion dollar sale of its legacy life settlements portfolio to leading alternative investment management firms.
• Sirius International Insurance Group in its acquisition of a majority interest in Phoenix Holdings for US$700 million from the Delek Group (terminated).
• Sirius International Insurance Group in the acquisition of International Medical Group.
• Sirius International Insurance Group in the acquisition of ArmadaCorp Capital.
• Reinsurance Group of America in its acquisition of Aurora National Life Assurance Co. from Swiss Re.
• Hartford Financial Services in the sale of its Japanese variable annuity business to ORIX Corp. for approximately US$1.4 billion.
• Hartford Financial Services in the sale of its retirement plans business to Massachusetts Mutual Life Insurance.
• QBE North America in the sale of its Lender Placed Insurance Business to National General.
• Cigna in its acquisition of Great American Supplemental Benefits Group.
• Medical Protective Corporation (a Berkshire Hathaway company) in its acquisition of Princeton Insurance Company.
• American International Group in the sale of its 21st Century Insurance Group to Farmers Insurance Group, a unit of Zurich Financial Services, a transaction with a total enterprise value of over US$2 billion.
• American International Group in the sale of its credit life business operations.
• General Electric in the sale of its auto warranty insurance companies and business to Wachovia Corporation.
• American International Group in its acquisition of GE’s Japanese life and U.S. auto and home insurance businesses for approximately US$2.2 billion.
• American International Group in its acquisition of Royal & Sun Alliance’s Japanese insurance operations.
• General Electric in its sale of Medical Protective Company (GE’s professional liability insurance company) to Berkshire Hathaway.
• Lumbermens Mutual Casualty Company in the sale of its personal lines insurance business to Unitrin.

Finance Companies

• General Electric in the sale of its corporate credit card business to American Express for approximately US$2.2 billion.
• GE Capital in its acquisition of the retail finance portfolio of Citibank for approximately US$1.6 billion.
• General Electric in its sale of its SBA loan portfolio and business to Merrill Lynch Bank USA and Bank of the West.

Private Equity/Fund Formation

• Swiss Re in its investment in Life Insurance Fund Elite and its joint venture with InsCap Management as co-manager of the fund.
• Silver Creek Capital in its investment in IR Holding, the holding company for St. James Re Limited, a Bermuda reinsurer.
• AIG Global Investment Group in the formation of AIG PineStar Capital LP, a private equity fund of funds, and the acquisition by PineStar of a portfolio of approximately 150 private equity interests from Dresdner Bank (total limited partnership commitments of approximately €1.1 billion).