The highly regarded financial institutions group at Clifford Chance LLP is commended for its ‘excellent London insurance market knowledge, including the complexities of the joint venture’. Its expertise spans across life, non-life, M&A, reinsurance, regulatory and ILS transactions. Practice head Ashley Prebble oversees the group and specialises in Part VII transfers, complex reinsurance agreements, distribution agreements and regulatory matters. Cheng Li Yow plays an important role in supporting the group and focuses her practice on non-contentious reinsurance matters, including reinsurance regulatory advice. Imogen Ainsworth advises both financial institutions and financial investors on M&A, portfolio transfers and pension de-risking solutions. James Cashier is highlighted for his work in the Lloyd’s market and Hilary Evenett is also a well-known name.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘I have known this team since the mid-1990s. During that time they have achieved a consistently high performance notwithstanding some changes of personnel. They have an impressive capacity to execute even the biggest deals effectively and efficiently. They know the law and how to apply it in practical situations.’
‘Hilary Evenett is a veteran of the practice. She has a refreshingly open, honest, accessible and collaborative approach to her practice. No stuffiness and a wealth of experience of the law and regulatory practice.'
'Ashley Prebble is extremely personable, bright and engaging.’
‘Very strong team with depth and breadth, with lots of expertise in the insurance space.’
‘James Cashier is exceptional - great lawyer and very easy to deal with, very knowledgable and commercially oriented.’
‘I work with Ashley Prebble and his team on large complex transactions because Ashley is an incredibly versatile lawyer with a wide range of experience and skills. He has a unique ability to distil complex issues into a pragmatic action. As a consequence he is an ideal partner to the business and is always received well by senior executives and board members.’
‘Strong industry knowledge and problem-solving capabilities with all-round legal expertise.’
‘Excellent London insurance market knowledge, including the complexities of the joint venture, how it is structured, what it does and its place in the ecosystem.’
Key clients
- Admiral Group plc
- Athora Group
- AXA
- bolttech
- Cinven
- Generali
- Inigo Limited
- Legal & General
- Lloyd's of London
- LV=
- Monument Re
- RiverStone International
- RSA
- Swiss Re
- The Manufacturers Life Insurance Co
- The Prudential Insurance Company of America
- Zurich
Work highlights
- Advised Generali on its successful acquisition of Liberty Seguros.
- Advised separately on both limbs of a $12bn cross-border longevity risk transfer transaction with a Dutch life insurer, NN Life, consisting of $9bn with PICA and $3bn with Swiss Re.
- Advised bolttech on the acquisition of Digital Care Asset Holdings Limited.
Lawyers
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Practice head
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Ashley Prebble