Vietnam > Insurance
Baker & McKenzie’s broad insurance practice spans policies, regulations and transactions. The team recently advised a North American insurer on the establishment of a life insurance company joint venture and a 100%-owned non-life insurance company. The group also advised a major Asian insurer in the implementation of an innovative ‘drivers’ club’ system, including an insurance option, to be offered to all purchasers of a global motorbike brand. Special counsel Simon Taylor is an insurance specialist and head of the practice.
Russin & Vecchi, LLC’s highly regarded practice has a substantial track record advising on equitisation, and its clients include major international insurers investing via M&A and share purchases into the Vietnamese insurance sector. Nguyen Huu Minh Nhut is recommended.
Vilaf is known for its expertise in representing P&I clubs in maritime disputes as well as its capacity to advise on the full gamut of insurance claims. Clients include AIG, Prudential and Manulife. Pham Si Hai Quynh and Nguyen Duy Linh are the key figures.
Freshfields Bruckhaus Deringer advises Prudential Vietnam on day-to-day regulatory issues relating to its life insurance business and investment activities, and similarly assists Zurich with Vietnamese regulatory matters. Milton Lawson and managing partner Tony Foster are recommended.
Leadco Legal Counsel advised PetroVietnam Insurance, one of the largest state-owned insurers, on its successful restructuring from a complicated joint stock company into a group of companies. The team provides legal advice to all PetroVietnam Insurance operations.
VCI Legal provides general insurance services as part of its financial and corporate practices. Managing partner Phung Anh Tuan is the key contact.
Vision & Associates provides a range of insurance services, including policy reviews and general regulatory advice relating to life insurance and statutory insurance. Pham Nghiem Xuan Bac is recommended.
YKVN advised PetroVietnam Insurance, one of the largest state-owned insurance companies in the country, on its sale of a strategic stake to a foreign investor. Truong Nhat Quang and Vu Dzung are recommended, along with formidable insurance litigator Luu Tien Dzung.
Allens has a track record of insurance and reinsurance work, representing syndicates, intermediaries and insureds on claims throughout Asia. Bill Magennis has significant experience in the sector.
DFDL is able to provide general insurance advice as part of its financial and corporate practice. New managing partner Jérôme Buzenet is recommended.