Francis R. Monaco

francis.monaco@lw.com

+1.212.906.1850

Ranked — Insurance: Transactional & Regulatory

Chambers USA 2025

"He is really good commercially and at understanding business points of view."

Chambers USA 2025

"His real talent is his commercial perspective - he is solution-oriented in order to get deals done."

Chambers USA 2025

"His keen awareness of important commercial issues and his aptitude in pulling together proposed solutions to reach a reasonable business compromise are highly valued."

Chambers USA 2025

"Frank navigates heavily negotiated points with finesse, offering innovative solutions to facilitate successful deals for both parties."

Chambers USA 2024

"Frank is very approachable, easy to work with and always willing to answer questions and guide my team through understanding complex issues."

Chambers USA 2024

"Frank provides exceptionally good advice and guidance and works to find ways to get transactions completed."

Chambers USA 2023

"Frank is an excellent attorney."

Chambers USA 2022

"He's commercial and easy to work with."

Chambers USA 2022

Profile

Frank Monaco advises clients on complex insurance and reinsurance transactions and related regulatory matters, with a focus on life and annuity reinsurance.

Frank draws on almost three decades of experience and a sophisticated understanding of evolving insurance markets to guide investors and insurers through matters involving:

Life and annuity closed blocks and other block and flow reinsurance transactions
(Re)Insurance M&A
Pension risk transfer transactions
Reserve financings
Regulatory approvals, compliance, and other insurance regulatory consideration

Frank also advises insurers, reinsurers, private equity funds, private credit funds, and asset managers in establishing and capitalizing reinsurance vehicles and structuring-related risk transfer and capital management arrangements.

Before joining Latham, Frank was a partner at another global law firm.

Experience

Frank’s experience includes advising:

Reinsurance Group of America on numerous matters, including:
- A $32 billion reinsurance agreement with Equitable Holdings, Inc to reinsure a diversified block of life insurance products*
- A $3.5 billion coinsurance transaction with American National Insurance Company*
A leading Bermuda-based reinsurer in a capital raise in excess of $1 billion*
A leading Bermuda-based reinsurer on its acquisition of a $900 million block of life insurance business through reinsurance, including transfer of administration and related collateral arrangements*
Multiple private credit funds in the establishment of reinsurance side car vehicles with annuity reserves in excess of $2 billion*
A leading Bermuda-based insurer on its acquisition of a $1.7 billion block of variable annuity business and a $1 billion block of fixed annuities*
A family office in the formation of its onshore insurance platform and its acquisition of a US-based life insurer*
A privately held insurance group in its acquisition of an offshore reinsurer and related reinsurance, transfer of administration, and servicing arrangements*
A Bermuda-based reinsurer on the establishment of a pension risk transfer reinsurance platform, including the related investment management arrangements*

*Matter handled prior to joining Latham