Insurance Market
Insurance Market
Our team of lawyers provides high level advice on insurance markets deals. We work with major insurers and reinsurers, as well as major insured companies and their insurers and brokers, and assist them in their transactions.
Various issues include the analysis of insurance legislation and interactions with different state authorities:
- creation and registration of insurance companies;
- legal assistance in qualifying which events have the features of an insurance event;
- analysis of the insurance rules and draft rules of insurance, standard forms of insurance contracts, insurance policies, etc., approved by an insurer with respect to their compliance with current legislation and the demands of efficiency;
- legal advice on issues arising in the insurance and re-insurance sector;
- advice on currency law;
- drafting of agreements, contracts, and participation in negotiations when entering into agreements and contracts;
- advice on the interaction with the Financial Supervision Agency and other government authorities;
- participation in the development of an internal insurer’s documents;
- representation of a client in court, economical courts, administrative courts; analysis of the legal views of disputing parties, prediction of the possible results of a dispute settlement.
Recent Experience:
- advice to an underwriter on issues relating to
Kazakh satellite insurance;
- advice to a large US insurance company regarding
the determination of an insured event;
- advice to an insurance broker on issues of
carrying out insurance broker activities within the Republic of Kazakhstan
and working on an insurance broker agreement;
- advice on the types of permitted
activities of an insurance broker;
- advice to an insurance broker in intergroup
financing;
- advice to a foreign insurance company on
reinsurance regulation;
- advice to the Bank of China on insurance and
reinsurance regulation;
- advice to an insurance broker on the regulation
of activities, including the possibility of such an insurance broker to
keep a fiduciary account of its clients; and
- arafting an insurance agreement for a large
insurance company.
Publications:
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RATING
"The team is noted for
its strength in banking and finance matters"
"The
team has particular expertise in banking and finance"
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