DEPARTMENT PROFILE

Yulchon LLC

Insurance

1 ranked lawyersBand 2South KoreaAsia-Pacific 2021 View ranking table
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ranked lawyers
chambers review
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ranked lawyers

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What the team is known for

Frequently engaged to defend a broad range of clients in local and cross-border contentious claims. Draws on a group of highly experienced insurance experts including business practitioners and financial regulatory advisers. Acts for insurers on overseas investments and regulatory issues, and also well placed to assist with insurance product development and insurance policy implementation. Experienced in insurance company M&A matters and advising clients on establishing new business operations.

Strengths

A pleased source reports that the team's "in-depth understanding of their clients' business" enables them to provide "high-quality, expert legal advice" and "practical and helpful solutions."

Work highlights

Acted for Catalina Holdings on its acquisition of Asia Capital Reinsurance Group.

Notable practitioners

Young Su Shin heads the firm's insurance practice group and maintains a wide-ranging practice advising insurance companies and government entities on both contentious and advisory mandates. "He impressed me with his ability to provide proactive, practical and realistic advice, based on his outstanding expertise and great communication skills," notes an appreciative client.

Department Information

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Overview

Although Yulchon’s insurance team was formed in 2012, it has rapidly grown into a top level insurance and reinsurance practice team in Korea and offers a comprehensive range of insurance services, including transactional, regulatory, investment, dispute resolution, claims coverage, tax, competition and restructuring and insolvency. With 30 professionals including lawyers, former government officials and industry experts all specializing in a full range of insurance and reinsurance practice in Korea. 

Our insurance team represents all types of players in the insurance and reinsurance market by offering a full range of insurance services, including regulatory advice to insurance companies, sophisticated insurance and reinsurance arrangements, issuance and coverage of insurance products, M&As, and restructurings and insolvencies of insurers. We also represent insurance and reinsurance companies in various types of insurance disputes as well as insurance coverage litigations and international arbitrations, and provide a broad range of assistance relating to all types of insurance and reinsurance including property and casualty, life, accident and health, management and professional liability, financial lines, surety and guaranty insurance. 

Members

Kim, Sun Kyoung

Lee, Hyung Ki

Shin, Hyeon Hwa

Shin, Young Su

Clients

ACE European Group

Chubb Group of Insurance Companies

Dongbu Insurance

Hanwha General Insurance

Korea General Insurance Association

Korea Life Insurance Association

Korean Reinsurance

Lotte Insurance

Mirae Asset Life Insurance

Seoul Guarantee Insurance

Industries

Banks

Charities / Not for Profit

Commercial & Professional Services

Financial Services

Government

Health Care

Insurance

Private Clients / Individuals

Insurance Department

Yulchon LLC

firm
Department location

Parnas Tower 38F

521 Teheran-ro

Gangnam-gu

Seoul

Seoul

South Korea

06164

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Ranked Lawyers

Chambers Research is conducted by 200 Research Analysts, across 200 jurisdictions and provides nearly 6,000 rankings tables. Annually we collect hundreds of thousands of responses from clients, the majority via in-depth interview. Learn more about our methodology.

South Korea

Insurance


Young Su Shin
Band 2