In a market that is seeing greater consolidation, higher risks and stricter regulation, it is unsurprising that insurers can run into difficulties. Accurate, realistic and, above all, rapid advice is essential to implementing a successful rescue strategy, while further down the line insolvency proceedings require an in-depth knowledge of the local regulatory framework. At Deacons we offer all these things and more.
Our market leading practices in both insurance and insolvency in Hong Kong have been ranked highly in the major independent legal directories – Legal 500 Asia-Pacific and Chambers Global – while three representative offices in the PRC give us invaluable knowledge and contacts in mainland China. So you can rely on the deep knowledge of the market and the legal and regulatory environment acquired over many years as one of Hong Kong’s leading law firms.
What really sets us apart, however, is our focus on understanding our clients’ priorities and commercial imperatives. We have assisted clients in the insurance sector with all aspects of restructuring and reorganisation. Our experienced lawyers have advised on asset protection, and the management of claims and run-off, as well as guiding clients through the complexities of insolvency procedures.
If you would like more information on how we can help you, please feel free to get in touch.