Martin Membery

Practice Areas

Martin Membery is co-leader of the firm’s global Insurance practice area team and leads the London Insurance and Financial Services group. For over 25 years his practice has exclusively focused on the insurance sector, with a particular emphasis on complex insurance/reinsurance projects, joint ventures, mergers and acquisitions, distribution arrangements, regulatory matters and structuring insurance/reinsurance policies, including the transfer of longevity risk.

Recent experience includes advising:

• Arthur J. Gallagher & Co., a global insurance brokerage, risk management and consulting services firm, in its acquisition of the treaty reinsurance brokerage operations of Willis Towers Watson for US$3.25 billion.

• Munich Re in connection with a reinsurance swap transaction with NN Life of the Netherlands, providing longevity protection in respect of €3.8 billion of pension liabilities referable to over 43,000 pensioners and dependents.

• GIC in connection with a US$1 billion investment in Convex Group, led by GIC and Onex Partners.

• Massachusetts Mutual Life Insurance Company on its acquisition of a shareholding in Rothesay Life.

• Munich Re on a reinsurance swap transaction with the Willis Pension Scheme, providing longevity protection in respect of approximately £1 billion of pension liabilities.

Publications

Martin is a regular contributor to the insurance press and a frequent speaker at industry events and conferences.