Drawing upon a ‘very sound knowledge of the law’ and a commercial mindset developed over many years’ experience handling work in the sector, Linklaters can provide ’very practical legal advice' to banks and insurance companies across a wide range of transactional and advisory work in the space. Team head Matthew Middleditch regularly handles M&A in the sector and has also developed a strong reputation advising on regional multi-jurisdictional bancassurance transactions, often working in collaboration with lawyers in key local offices including Singapore. Christopher Yip is also a key member of the multi-disciplinary team and regularly handles M&A, commercial and capital markets work in the sector.
Testimonials
Collated independently by Legal 500 research team.
- 'The team has a very sound knowledge of the law and is therefore able to give very practical legal advice.'
Key clients
- The Hongkong and Shanghai Banking Corporation Limited
- The Bank of East Asia Limited
Work highlights
- Advised HSBC on its negotiation of a 15-year term bancassurance partnership with Allianz SE covering six Asian jurisdictions including China, Taiwan, Indonesia, Malaysia, Philippines and Sri Lanka, pursuant to which HSBC will act as Allianz's distributor for life and/or non-life insurance products in the jurisdictions.
- Advised the Bank of East Asia on the sale of its general insurance unit, Blue Cross (Asia-Pacific) Insurance Limited, and its interest in a joint venture carrying on healthcare services provider business, Blue Care JV (BVI) Holdings Limited, to AIA and the formation of a 15-year exclusive bancassurance partnership with Blue Cross for Hong Kong.