We advised Allianz Direct, a digital insurer of the Allianz Group, on its new insurance distribution partnership with ING, a global financial institution.

The partnership will offer companies and entrepreneurs in the Netherlands access to a wide range of Allianz Direct business insurance products, including auto, van, and corporate and professional liability insurance. 

Lawyers in our Madrid office led the transaction, with support from our Amsterdam office and our insurance, intellectual property, and privacy and cybersecurity practices.

We advised Enstar Group Limited, a global insurance and reinsurance group, on its ground-up loss portfolio transfer deal with subsidiaries of QBE Insurance Group, an Australian-listed insurance and reinsurance company.

The transaction involved the assumption of US$1.9 billion of net loss reserves by Enstar and provides approximately US$900 million of additional cover with respect to a portfolio of businesses in North America and Europe.

Lawyers in our London and Philadelphia offices led the transaction.

We advised HDI International, Talanx Group’s international retail division holding company, on its US$1.48 billion acquisition of Liberty Mutual’s personal and small commercial insurance businesses in Brazil, Chile, Colombia, and Ecuador.

The acquisition makes Talanx Group the third-largest insurer by premium income in the Latin America property and casualty market.

Lawyers in our Düsseldorf and New York offices led the transaction, with support from our Brussels, Frankfurt, Mexico City, Northern Virginia, Philadelphia, São Paulo, and Washington, D.C. offices and our antitrust, capital markets, intellectual property, and tax practices.

We advised Marsh McLennan, a global professional services firm, on the sale of Mercer’s U.S. health and benefits administration business and UK pension administration businesses to Aptia, a new company formed by Bain Capital Insurance.

The businesses provide services to over five million people across over 1,100 clients.

Lawyers in our London and New York offices led the transaction, with support from our Washington, D.C. office and our antitrust, commercial, employee benefits, employment, finance, intellectual property, privacy and cybersecurity, real estate, regulatory, and tax practices.