Yulchon’s insurance team is co-led by Young Su Shin, known for his corporate and financial expertise, and Hyeon Hwa Shin. The team has a strong reputation for offering a comprehensive range of insurance services, including transactional, regulatory, investment, dispute resolution as well as restructuring and insolvency relating to insurance or insurers. The team is bolstered by experts in the team from the Financial Supervisory Services and Financial Services Commission.
Testimonials
Collated independently by Legal 500 research team.
‘They don't hesitate to contact and communicate with clients and always give quick responses.’
‘Yulchon LLC was committed to reviewing and executing relevant legal issues in the merger consultation between insurance companies, including the licensing process of the Financial Supervisory Authority.’
‘Hyun Hwa Shin provided legal advice and helped in the operation of the company. They handled legal matters in a stable manner and were of practical help.’
‘I think they provide the best legal services as one perfectly harmonised team, all together with lawyers, accounts and former financial regulators. Especially, they have got two former regulators in recent years, who have the eminent capacity in the area of license and permit for insurance business.’
Key clients
- Allianz Group
- Prudential Group.
- AIA Group
- Liberty Global Transaction Solutions
- AIG Insurance Hong Kong Limited
- ABL Life Insurance Co., Ltd.
- Carrot General Insurance Co., Ltd.
- DB Insurance Co., Ltd.
- DB Life Insurance Co., Ltd.
- DGB Life Insurance Co., Ltd.
- Financial Supervisory Service / Financial Services Commission (Korean Government)
- Fubon Hyundai Life Insurance Co., Ltd.
- Hana Life Insurance Co., Ltd.
- Hanwha Insurance Co., Ltd.
- Hanwha Life Financial Service Co., Ltd.
- Hanwha Life Insurance Co., Ltd.
- Hyundai Marine & Fire Insurance Co., Ltd.
- KB Insurance Co., Ltd.
- KB Life Insurance Co., Ltd.
- KDB Life Insurance Co., Ltd.
- Korea General Insurance Association
- Korea Insurance Institute
- Korea Life Insurance Association
- Korean Reinsurance Co., Ltd.
- Kyobo Life Insurance Co., Ltd.
- Kyobo Lifeplanet Life Insurance Co., Ltd.
- LINA Life Insurance Co., Ltd.
- Lotte Insurance Co., Ltd.
- Meritz Fire & Marine Insurance Co., Ltd.
- MetLife Insurance Co., Ltd.
- Mirae Asset Life Insurance Co., Ltd.
- NH Life Insurance Co., Ltd.
- Samsung Fire & marine Insurance Co., Ltd.
- Samsung Life Insurance Co., Ltd.
- Seoul Guarantee Insurance Company Ltd.
- Shinhan Life Insurance Co., Ltd.
- Tongyang Life Insurance Co., Ltd.
Work highlights
- Advised DB Insurance Co., Ltd. on the acquisition of controlling stakes in two of the top 10 property insurance companies in Vietnam.
- Advised Samsung Life Insurance on its purchase of a 20% equity interest in Meridiam SAS, a French infrastructure investment manager.
- Acted for KB Insurance Co., Ltd. in a lawsuit filed by a beneficiary of an insurance policy for insurance proceeds.
Lawyers
Practice head
The lawyer(s) leading their teams.
Young Su Shin, Hyeon Hwa Shin