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Eversheds Sutherland (International) LLP

Work 020 7919 4500
Fax 020 7919 4919
154280 CHEAPSIDE 8

Hugo Laing

Work +44 20 7919 4881
Eversheds Sutherland

Work Department

Hugo is a corporate insurance partner in the financial institutions group at Eversheds. Hugo specialises in transactions (M&A, Part VIIs, distribution arrangements and risk transfer transactions) in the insurance market as well as the wider financial institutions sector.

Hugo acts for insurers, reinsurers, brokers/ intermediaries, investment banks, private equity houses and pension scheme trustees. Hugo also advises on the full range of regulatory and company law relevant to (re)insurers with a particular focus on Solvency II.

Hugo has worked on some of the largest and most complicated bulk annuity and longevity transactions to date.

Recent experience (including experience from previous firm) includes:

  • Acting for a leading UK insurance company on insurance longevity swaps for UK pension schemes and associated reinsurance arrangements with global reinsurers.
  • Acting for a leading UK insurance company on a large collateralised bulk purchase annuity arrangement with a UK pension scheme and associated reinsurance arrangements.
  • Acting for a UK insurance company on a transfer of engagements under the Friendly Societies Act 1992.
  • Acting for a UK mutual on the sale of its life insurance business.
  • Advising a large commercial insurance group on the reorganisation of its European businesses, involving a number of portfolio transfers (Part VIIs) and a cross-border merger under the Cross-Border Mergers Regulations.
  • Advising a leading global investment bank on a VIF monetisation of a portfolio of Spanish and Portuguese life insurance policies.
  • Advising on bancassurance agreements for an international bank.
  • Advising on the sale of a firm of independent financial advisors.



London: Insurance

Insurance: corporate and regulatory

Within: Insurance: corporate and regulatory

Eversheds Sutherland (International) LLP's practice covers the full breadth of transactional and regulatory advice, and also boasts a strong technology team acting on FinTech and InsurTech corporate transactions. The ‘responsive and personableHugo Laing ‘has deep knowledge of the law’; he handled high-profile matters including advising Legal & General on longevity insurance covering £800m of pensioner longevity risk in the Scottish Hydro-Electric Pension Scheme, the first transaction to use Legal & General’s “UK-based pass through" structure to transfer longevity risk to the end reinsurer. The team also advised Markel on an unusual matter involving its acquisition of EC Insurance Company, a specialty line insurer providing insurance to contractors and affinity groups. Manchester-based Paula Gaddum is also a key member of the team.

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