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William D. Torchiana


William D. Torchiana

New York +1-212-558-4056 +1-212-558-4056 +1-212-558-3588 +1-212-558-3588
Paris +33-1-7304-1000 +33-1-7304-1000 +33-1-7304-1010 +33-1-7304-1010
[email protected]

William Torchiana joined Sullivan & Cromwell in 1986 and has been a partner in the Firm’s Financial Services Group since 1995. He has broad-based experience in transactional and regulatory matters involving international and domestic insurance and reinsurance companies and other financial institutions. In addition to domestic and cross-border corporate finance transactions, Mr. Torchiana has advised a number of foreign financial institutions on their acquisitions of U.S. and non-U.S. insurers and reinsurers.

Mr. Torchiana was the managing partner of the Firm’s Paris office from 2004-2018.

Professional Activities and Community Involvement

  • Member, Insurance Policy Advisory Committee (IPAC) (2022 - 2025 term), United States Federal Reserve
  • ​Chair, International Bar Association (IBA) Insurance Law Committee (2020-2021 term)
  • ​Past Insurance Committee Member, ABCNY
  • Past Chairman, Board of Trustees, The American Library in Paris
  • President, American Library in Paris USA Foundation
  • Member, Board of Governors, American Hospital of Paris


M&A, Private Equity and Insurance Regulatory Assignments
  • The transfer of certain Allianz’s investment assets totaling $120 billion and related portfolio management teams to Voya
  • The acquisition of Sound Harbor Partners by Allianz Global Investors
  • The acquisition of Chubb Ltd. by ACE
  • The sale of Paris Re to PartnerRe Ltd.
  • The acquisitions by ING Group of Equitable, ReliaStar and Aetna
  • The sale by ING Group of its Latin American insurance, pensions and wealth management businesses
  • The acquisition by AXA of Winterthur Group from Credit Suisse
  • The acquisitions by Anthem of Trigon Healthcare and WellPoint
  • The pre-demutualization investment in MONY by Goldman Sachs-affiliated funds
  • The investment by Allianz SE in Hartford Financial Services
  • The sale by Ford of Ford Life Insurance Company
  • The sale by AXA of its reinsurance business to a private equity consortium
  • The sale by BBVA of its pension businesses in Peru, Mexico, Chile and Colombia and of BBVA USA Bancshares, Inc., including its U.S. banking subsidiary, BBVA USA
  • The largest insurance company public offering in the United States (Allstate)
  • U.S. listings or global offerings by ING Group (Netherlands), Allianz (Germany) and SCOR (France)
  • The first mutual holding company IPO and subsequent demutualization (AmerUs Group)
  • Numerous other public offerings, Rule 144A offerings, demutualizations, conversions and other transactions involving U.S. and non-U.S. insurance and reinsurance companies
  • The privatizations of UAP (France) and INA (Italy)
  • Financings for insurers and reinsurers in Bermuda, Latin America, Europe and other non-U.S. jurisdictions
  • Offshore insurance/reinsurance securitization and derivative transactions involving the transfer of catastrophe, mortality and life/health risks to the capital markets by Aura Re, Atlas Re, Blue Fin Ltd., Mosaic Re, Osiris Capital plc, Pacific Re, Trinity Re and others


  • Chambers Global: France, Corporate/M&A (2014, 2015, 2016, 2017, 2018)
  • Named a 2013 “Dealmaker of the Year” by The American Lawyer for his role advising ING Group in a series of worldwide divestitures
  • IFLR1000: Financial and Corporate (2010, 2014, 2015, 2016, 2017, 2018)
  • The Legal 500 EMEA: Insurance: Regulatory and Corporate (2012, 2013, 2014, 2015, 2016, 2017)
  • The Legal 500 United States: Insurance: non-contentious (2016, 2017, 2018)
  • European Legal Experts: Corporate/M&A (2008, 2010)
  • European Legal Experts: Banking & Finance (2002, 2005, 2006, 2007, 2008)
  • European Legal Experts: Corporate and Commercial (2004, 2005, 2006, 2007)
  • PLC Which Lawyer? Yearbook: M&A and Corporate Finance (2001-2002, 2002-2003, 2003-2004)
  • PLC Global Counsel Mergers & Acquisitions Handbook (2001, 2002, 2003-2004, 2004-2005)
  • New York Super Lawyers (2010)