Sale of Cobalt Solutions
We are acting for AMP on the sale of Cobalt Solutions, its runoff vehicle, in conjunction with the transfer to Enstar of the balance of the former GIO insurance book.
ISR Claims
We are acting for both insurers and reinsurers in New South Wales, Queensland and Western Australia in relation to major ISR claims arising from the significant rainfall and flooding in Australia in early 2008, with particular impact on insureds in the minerals and energy sector.
Supreme Court Proceedings
We are acting for the insurers of a prominent national law firm in a matter recently determined in the Supreme Court of New South Wales which raises for the first time the effect of certain important defences in the Civil Liability Act (NSW).
Home Lending Insurance Claims
We are acting for a number of insureds and insurers affected by a significant rise in claims in the home lending insurance market including advice relating to restructuring, reinsurance, capital and regulatory issues and claims settlement and general strategic advice.
D&O Issues - Protecting directors of leading companies
We regularly review the directors’ and officers (D&O) policies of leading public companies, identify any gaps in the cover and recommend and negotiate policy amendments to deal with these gaps.
Claim against reinsurer, Global
We acted for major international life insurer Metlife on a substantial claim against its reinsurers, Global. Proceedings were filed in the Supreme Court of New South Wales to recover the outstanding amount.
Acquisition of locally authorised general insurer
We acted for Calliden Group Limited in relation to the acquisition of the local general insurance businesses of Australian Unity.
Establishment of Local Lenders Mortgage Insurer
We acted for Mortgage Guaranty Insurance Corporation in relation to the establishment of its local lenders mortgage insurance business.
Acquisition of locally authorised general insurer
We acted for Fortress Investment Group LLC in relation to the Australian aspects of the worldwide acquisition of the insurance operations of Alea London Limited.
“Insurance is a particular area of strength…”
Asia Pacific Legal 500 2006-2007