Chambers Review
Provided by Chambers
Insurance: Non-contentious (International Firms) - China
What the Team is Known For
Debevoise & Plimpton is a broadly respected practice that enjoys prominence for transactional work and regulatory advice. The law firm regularly assists international and domestic clients with sales, acquisitions and bancassurance matters, and regularly attracts such instructions from across the Asia-Pacific region. Clients benefit from the strength of the firm's international presence in the sector, with notable teams in the USA and London. It has particular expertise advising clients in the life insurance sphere.
Strengths
The firm has technical knowledge on insurance and reinsurance at a local and cross-border level; combined with the ability to see commercial risks in an appropriate way.
They have experience in insurance. They have seen these deals a lot and are able to advise on what is normal and what is not and what to push on. They are very good at negotiations.
Work Highlights
Debevoise & Plimpton advised AIA Group on its acquisition of New Medical Centre Holdings in Hong Kong.
Notable practitioners
Edwin Northover is well reputed for his deft handling of bancassurance and life insurance matters, and has an acclaimed practice in insurance-related mergers and acquisitions, advising on both the buy side and sell side of such transactions. He is also notable for his expertise in the growing field of insurtech.
Edwin has been on insurance transactions for many years. He is a go-to person for insurance M&A and one of the best in the market. He does a lot in Hong Kong and other parts of Asia as well.
Edwin is incredibly knowledgeable in the region and in the sector.
Jan Buschmann is recognised for his expertise in insurance and reinsurance regulatory matters. An international counsel based in the firm's Hong Kong office, he is also well placed to advise on M&A transactions across the Asia-Pacific region.
Jan Buschmann is just a really unflappable guy. He is very calm, very logical and very good at technical insurance and regulatory work.
Jan is very thorough and sophisticated. His work in regulatory compliance is of good quality.