Leading insurance M&A and portfolio transfer expertise
We regularly advise on the sale and purchase of insurance companies and portfolios, intra-group portfolio transfers, as well as on strategic investments in companies in the insurance sector. We also act for both managers and investors in relation to new insurance start-ups and the subsequent investor exits from those businesses.
Expert advice
We are proud to have been involved in innovative, market leading transactions such as advising Berkshire Hathaway Group on its strategic relationship with IAG, one of the largest quota share reinsurances ever.
Experienced team
We have the bench strength and expertise to advise on the most complex transactions. Our work advising Royal London on two parallel transfers of life insurance business relating to 3m policies and assets of over £22bn was shortlisted for Insurance Team of the Year by Legal Business.
Cross-border focus
We are able to draw on the expertise of our insurance team around the globe to advise on deals such as Japanese Insurance Company Nippon Life's acquisition of 80% of shares in MLC, a subsidiary of National Australia Bank.
Our experience includes advising:
- Generali on the sale of Generali Worldwide and Generali Link to Life Company Consolidation Group
- Swiss Re on the acquisition of a book of business in Hong Kong from a major international insurer, to be effected by reinsurance followed by portfolio transfer
- AIA Group on its AUD 3.8 billion acquisition of 100% of Commonwealth Bank of Australia’s life insurance business in Australia (CommInsure Life) and New Zealand (Sovereign)
- Ageas on the auction and subsequent joint venture and 20 year bancassurance arrangement with East West Bank, the Philippines
- Aviva Europe Se on the sale and purchase by Bankia, S.A., (as purchaser) of 50% of the insurance companies CAJA GRANADA VIDA COMPAÑÍA DE SEGUROS Y REASEGUROS, S.A., CAJAMURCIA VIDA Y PENSIONES DE SEGUROS Y REASEGUROS, S.A.
- Sacobank (a major Vietnamese bank) on their 20 year exclusive life bancassurance partnership agreement with Dai-ichi Life
- Punter Southall Group on the sale of its actuarial, investment consulting and administration businesses, to Xafinity in consideration for cash and shares, and the simultaneous acquisition of HR Trustees from Xafinity
