04/06/2026
Law firms Yulchon and Latham & Watkins have advised on the successful acquisition of South Korea-based non-life insurer DB Insurance’s KRW2.5 trillion (USD1.65 billion) 100% stake in US specialty insurer The Fortegra Group from Tiptree and Warburg Pincus.
Yulchon advised on multiple aspects of the deal, with the team led by Hyeon Hwa Shin, Hyo Jeong Doh, and Tehyok Daniel Yi.
“We provided comprehensive counsel across the entire transaction. This included conducting legal due diligence on the target company, structuring the transaction, reviewing acquisition agreements, and securing regulatory approvals,” Yi told Asia Business Law Journal.
Latham & Watkins represented DB Insurance in the transaction, with a corporate deal team led by New York-based Gary Boss, Kirsten Gaeta and Andrew Elken. Andrew Moosmann, Teresa Ella Wendel and Maddy Berg were also team members.
Tim Scott and Alexander Traum advised on insurance regulatory matters, while Eric Kamerman and Megan Alessi assisted on tax and benefits issues, respectively.
Law firms Yulchon and Latham & Watkins have advised on the successful acquisition of South Korea-based non-life insurer DB Insurance’s KRW2.5 trillion (USD1.65 billion) 100% stake in US specialty insurer The Fortegra Group from Tiptree and Warburg Pincus.