Eugene Benger is Counsel in Simpson Thacher’s Insurance Transactional and Regulatory team. He advises domestic and international insurers, reinsurers, asset managers and other strategic investors on insurance regulatory matters, including holding company transactions, insurer investments, insurance capital charges and general regulatory compliance and enforcement. Gene has extensive experience with complex and novel insurance regulatory issues, having served as General Counsel for Insurance at the New York State Department of Financial Services, where he advised the Superintendent and other Department officials on applications to acquire control of insurers, administrative proceedings against licensees, insurer reorganizations and receiverships and Freedom of Information Law requests and appeals.
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Work Highlights
Notable experience prior to joining Simpson Thacher includes advising:
- Blackstone as the largest shareholder of FGL Holdings in the sale of FG to Fidelity National Financial for $2.7 billion
- Blackstone-managed entities in the $2.8 billion acquisition of Allstate Life Insurance Company from The Allstate Corporation
- Legal & General plc in the $2.3 billion sale of its U.S. protection business to Meiji Yasuda Life Insurance Company
- Prudential Financial, Inc. in the sale of its full-service retirement plan recordkeeping and administration business to Empower Retirement for a total transaction value of $3.55 billion
- New York Life Insurance Company, the largest mutual life insurance company in the United States, in its acquisition of Cigna Corporation’s group life and disability insurance business for $6.3 billion
- MetLife, Inc. in the $3.94 billion sale of its auto and home business, Metropolitan Property and Casualty Insurance Company and certain wholly owned subsidiaries, to Zurich Insurance Group subsidiary Farmers Group, Inc.
Education
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St. John's University, 2001 J.D.
summa cum laude
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Brooklyn College of the City University of New York, 1998 B.A.
magna cum laude
Clerkships
- United States District Court, Eastern District of New York, 2002-2003
Admissions
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New York 2002
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New Jersey 2001
Eugene Benger is Counsel in Simpson Thacher’s Insurance Transactional and Regulatory team. He advises domestic and international insurers, reinsurers, asset managers and other strategic investors on insurance regulatory matters, including holding company transactions, insurer investments, insurance capital charges and general regulatory compliance and enforcement. Gene has extensive experience with complex and novel insurance regulatory issues, having served as General Counsel for Insurance at the New York State Department of Financial Services, where he advised the Superintendent and other Department officials on applications to acquire control of insurers, administrative proceedings against licensees, insurer reorganizations and receiverships and Freedom of Information Law requests and appeals.
Notable experience prior to joining Simpson Thacher includes advising:
- Blackstone as the largest shareholder of FGL Holdings in the sale of FG to Fidelity National Financial for $2.7 billion
- Blackstone-managed entities in the $2.8 billion acquisition of Allstate Life Insurance Company from The Allstate Corporation
- Legal & General plc in the $2.3 billion sale of its U.S. protection business to Meiji Yasuda Life Insurance Company
- Prudential Financial, Inc. in the sale of its full-service retirement plan recordkeeping and administration business to Empower Retirement for a total transaction value of $3.55 billion
- New York Life Insurance Company, the largest mutual life insurance company in the United States, in its acquisition of Cigna Corporation’s group life and disability insurance business for $6.3 billion
- MetLife, Inc. in the $3.94 billion sale of its auto and home business, Metropolitan Property and Casualty Insurance Company and certain wholly owned subsidiaries, to Zurich Insurance Group subsidiary Farmers Group, Inc.
Gener received his J.D., summa cum laude, from St. John's University School of Law in 2001 and his B.A., magna cum laude, from Brooklyn College, City University of New York in 1998. Gene is admitted to practice in New York and New Jersey.