Linklaters’ insurance group advises the world’s leading financial institutions and insurers on their biggest and most complex transactions.
The firm’s insurance lawyers are renowned for devising innovative restructuring and financing techniques for the sector to help our clients achieve their business goals.
Insurance expertise at Linklaters includes M&A transactions, joint ventures, rights issues, securitisations, demutualisation of insurers, complex capital markets transactions, restructurings and reorganisations including portfolio transfers. We have also participated in lobbying efforts in relation to Solvency II and have discussed the implications of these upcoming reforms with various clients.
Our clients rely on Linklaters to guide them through the changes that continue to affect the insurance industry, so they can overcome the issues they face and take advantage of the opportunities. They gain the benefit of expert advice from global specialists in corporate insurance, M&A, litigation, restructuring and insolvency, capital markets, tax, employment and regulatory matters.
Recent transactions include advising:
- AXA on the acquisition of HSBC's general insurance business in Hong Kong, Singapore and Mexico.
- on the US$20bn offering and listing of AIA Group - the, largest insurance sector IPO ever, the largest Hong Kong offering ever, the largest listing on a single exchange ever and the third largest IPO in the world ever
- New York Life Insurance Company on the sale of its insurance businesses in China, Hong Kong, South Korea and Thailand
- the banks on Aviva’s £5bn Euro Note Programme, the first “Solvency II” MTN Programme by a UK insurer
- Rothesay Life (Cayman) Limited on the £260m acquisition of Paternoster
- Credit Suisse on the Ping An Insurance RMB 29.1bn acquisition of Shenzhen Development Bank
- Meiji Yasuda Life Insurance Company on a strategic alliance with Talanx AG, Germany
- on acquisitions of interests in New China Life Insurance Co Ltd
- Allianz on the issue of €500m convertible Notes with scheduled maturity in 2041 and with contingent mandatory conversion (the first "coco" issued by a European insurer)
- the trustees to the Rolls-Royce Pension Fund on a £3bn longevity swap entered into with Deutsche Bank
