A&O Shearman provides clients with a strong offering in the non-contentious corporate insurance space through a combination of its regulatory expertise, in-depth understanding of insurance businesses, and core transactional expertise; able to leverage the wider firm’s capabilities in M&A, capital markets, and banking on both a national and global level, the team is particularly well-placed to handle complex, cross-border mandates. The practice has an established capacity in handling major longevity swap and longevity risk transfer transactions, deploying a team of genuine specialists in the insurance space in addition to drawing upon the support of corporate teams. Philip Jarvis acts as the global head for insurance, employing his extensive experience in the full range of insurance transactions and products. Kate McInerney is the other key contact 0n account of her notable track record in in longevity de-risking and significant de-risking and M&A transactions more generally.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘A top practice in the longevity risk transfer market led by Philip Jarvis, who is somewhat of a legend in this area. Apart from the depth of market expertise, we have appreciated the value contributed in terms of strategic thinking to achieve successful negotiations and willingness to effectively engage with budget issues.’
Key clients
- Direct Line Group
- Trustee of the Barclays Bank UK Retirement Fund
- Peak Re
- Cinven
- Rothesay Life
- Hiscox
- Athene
- PIC
- Dai-ichi Life Holdings
- Athora
Work highlights
- Advised Direct Line Insurance Group plc, a UK publicly listed insurance company, on its strategic reinsurance agreements for capital management purposes.
- Advised the Trustee of the Barclays Bank UK Retirement Fund on a longevity swap covering £7 billion of its pensioner liabilities with The Prudential Insurance Company of America.
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Practice head
The lawyer(s) leading their teams.
Philip Jarvis, Kate McInerney