Next Generation Partners

Firms To Watch: Insurance: foreign firms

Led by Ray Liu from Beijing, the insurance team at Dorsey & Whitney LLP is noted for its expertise in disputes, particularly product liability and wrongful death litigation, in addition to transactional matters.

Insurance: foreign firms in China

Clyde & Co LLP

Covering a full range of contentious and non-contentious insurance mandates, Clyde & Co LLP displays extensive expertise when acting for reinsurers, brokers, and banks. The firm routinely handles complex disputes, from alleged misrepresentation claims leading to securities class actions to the breaching of duties by board members. Operating out of Shanghai, Ik Wei Chong heads the insurance and dispute resolution practices, specialising in international trade, shipping, and energy issues. Victor Yang is a commercial litigation and international arbitration expert, concentrating on complex investments, while Christian Liu focuses on shipping-related and liability insurance cases.

Responsables de la pratique:

Ik Wei Chong


Autres avocats clés:

Victor Yang; Christian Liu


Baker McKenzie

The Baker McKenzie FenXun practice is well equipped to handle multi-jurisdictional restructurings for major insurers and advise insurtech groups in establishing their platforms. The team regularly supports clients on sophisticated M&A and group restructurings, alongside focusing on Chinese insurance JV regulations, with Hong Kong-based Martin Tam continuously representing large insurers in corporate transactions and investigations. In Beijing, Ada Hu has extensive experience in the financial sector, being knowledgeable on compliance management affairs, while in Hong Kong, Tina Li and Jovita Law are also highlighted as key contacts.

Responsables de la pratique:

Martin Tam


Autres avocats clés:

Ada Hu; Tina Li; Jovita Law


Principaux clients

Allianz


China Merchants Insurance


CMB Wing Lung Insurance


Government of the Hong Kong Special Administrative Region


MetLife


Standard Chartered Bank


Swiss Reinsurance Company Ltd.


Zurich Insurance


Principaux dossiers


  • Restructuring transaction between China Merchants Insurance and CMB Wing Lung Insurance which are within the China Merchants Bank (CMB) Group.

Clifford Chance LLP

Housing an insurance practice which is well placed to draw on the expertise of the corporate, regulatory, and litigation departments, Clifford Chance has an expanding client-base of global insurance brokers and reinsurers. From Hong Kong, Amy Ho heads the practice, specialising in management buyouts and complex auction bids, while Ling Ho heads the IP group in Asia, showcasing demonstrable expertise across the pharma and tech sectors. Rocky Mui is a strong regulatory lawyer, and Jonathan Wong acts for financial institutions and investors. Other key contacts in the group include Vipavee Map Kaosala and Andre Da Roza.

Responsables de la pratique:

Amy Ho


Autres avocats clés:

Ling Ho; Rocky Mui; Jonathan Wong; Vipavee Map Kaosala; Andre Da Roza; Ryan Wong


Principaux clients

AIA


Principaux dossiers


  • Advised AIA Group Limited (AIA) (1299.HK) on its US$2.638 billion automatic guaranteed discounted volume weighted average price share buy-back programme.

Herbert Smith Freehills Kramer LLP

Demonstrating in-depth knowledge across all aspects of the aerospace, TMT, and financial services sectors, the Hong Kong-based Herbert Smith Freehills Kramer LLP team advises domestic and international insurance companies on the gamut of contentious and non-contentious issues. The group is frequently involved in insurance-focused public and private M&A and capital markets transactions, as the lead Gareth Thomas has in-depth experience of acting for corporate clients, financial institutions, and international insurers. Also in Hong Kong, Jocelyn Heng primarily focuses on commercial arbitration and commercial litigation affairs.

Responsables de la pratique:

Gareth Thomas


Autres avocats clés:

Jocelyn Heng


Principaux clients

Marsh


Willis Towers Watson


Jardine Lloyd Thompson (JLT)


Linklaters

Fielding a team of specialists in multi-jurisdictional M&A, insurance regulation, and pre-IPO fundraisings, Linklaters has vast experience of acting for international banks and global insurance corporations. The outfit leverages its expertise in foreign investment, employment, and restructuring matters to deliver a bespoke service on all contentious and advisory elements of insurance law. Based in Hong Kong, Matthew Middleditch heads the group, being an expert in cross-border joint ventures and bancassurance arrangements, while Betty Yap concentrates on strategic investments. Roger Cheng and Tiffany Yan are also cited as key contacts.

Responsables de la pratique:

Matthew Middleditch


Autres avocats clés:

Betty Yap; Roger Cheng; Tiffany Yan


Principaux clients

Ageas Insurance International NV


FWD Group


Alliance Bank Malaysia


CIMB Thai Bank Public Company


HSBC


Principaux dossiers


  • Advised Ageas on its strategic investment in Taiping Pension, the pension insurance arm of China Taiping, a leading PRC state-owned insurance group listed on the Hong Kong Stock Exchange.
  • Advised FWD Group, a Hong Kong-headquartered insurance group, on its additional capital contribution to PT Asuransi BRI Life (BRI Life), the life insurance arm of PT Bank Rakyat Indonesia (Persero) Tbk (BRI), increasing its stake in BRI Life to approximately 44%.
  • Advised Alliance Bank Malaysia Berhad on the renewal of its long-term exclusive distribution agreement with Manulife Insurance Berhad relating to the sale of life insurance products through Alliance Bank Malaysia Berhad’s network.

Norton Rose Fulbright

With Ai Tong at the helm, the Shanghai-based team at Norton Rose Fulbright covers the full spectrum of insurance and reinsurance matters, primarily focusing upon insurtech, compliance, and joint venture transactions. The practice has a broad remit of expertise, covering data privacy, employment, and D&O liability insurance affairs, with Tong bringing vast insight into complex corporate restructurings, strategic investments, and regulatory matters. Alongside insurance entities, the firm acts on behalf of clients across the banking, fintech, and asset management spheres.

Responsables de la pratique:

Ai Tong


Les références

‘The firm’s lawyers have excellent language and professional skills. In recent years, the firm has also cooperated with excellent local firms to better meet the needs of clients.’

‘Tong Ai is an experienced lawyer, responsive and considerate in his legal advice.’

Principaux clients

AON


AXA


Beazley


China Reinsurance and its subsidiaries/affiliates


CITIC Securities (Hong Kong) and Ping An of China Capital (Hong Kong)


Chubb


Fusion Specialty


Gen Re


HSBC and its subsidiaries and affiliates


Principaux dossiers


  • Advising joint sponsors on proposed Hong Kong IPO of Zhongmiao Innovation Technology, an innovative InsurTech firm backed by Fortune 500 company Haier Group.
  • Advised a leading multinational financial institution group on its PRC FinTech company on its strategic investment into a PRC FinTech company, whose businesses comprise of credit lending support, factoring and lending, insurance business referrals, and SAAS platform services.
  • Advising a global insurance and financial group on a variety of matters in China, Hong Kong and worldwide, including but not limited to the multi-jurisdictional legal and regulatory review project for corporate and management operational structures, as well as annual review programme involving anti-money laundering, anti-bribery and corruption, corporate governance, employment, competition, intellectual property, data privacy, technology, outsourcing, cyber and Insurtech, and ESG.