Work Area: Insurance & Reinsurance

BNP Paribas buys stake in Magazine Luiza’s insurance division

Vinson & Elkins LLP in New York and Washington, DC and Machado Meyer Advogados in São Paulo have helped the insurance division of BNP Paribas buy out Brazilian retailer Magazine Luiza from the companies’ insurance joint venture, a deal worth 1 billion reais (US$201 million).

01 June 2023

HFW Brazilian cooperation firm merges with DR&A

Brazil’s Costa & Albino Advogados in Cooperation with Holman Fenwick Willan LLP has combined with DR&A Advogados, creating an insurance boutique.

09 May 2023

US insurer Gallagher expands in Brazil

Veirano Advogados has helped the Brazilian subsidiary of US insurance broker Arthur J Gallagher acquire local counterpart Interbrok.

11 January 2023

Machado Meyer poaches two partners from Mattos Filho

Machado Meyer Advogados has reinforced its insurance practice by recruiting two partners from fellow Elite firm Mattos Filho.

15 December 2022

Chalfin Goldberg adds insurance partner in São Paulo

Brazilian firm Chalfin, Goldberg & Vainboim Advogados has bolstered its insurance and disputes offerings by hiring a partner from Ernesto Tzirulnik Advocacia.

06 December 2022

Representations and Warranties Insurance in Latin American M&A: A Long-awaited Alternative in the Face of Current Challenges

Featured in The Guide to Mergers & Acquisitions - Third Edition

In recent years, RWI has gradually entered the cross-border transactional space and become an important risk allocation tool in cross-border M&A deals.

02 December 2022

Portuguese insurer hires Rodrigo Elías to consolidate in Peru

The Peruvian subsidiary of Portuguese insurer Fidelidade has enlisted Rodrigo, Elías & Medrano Abogados to increase its stake in local counterpart La Positiva Seguros y Reaseguro, following a successful tender offer worth 396 million soles (US$99 million).

18 October 2022

Bustamante Fabara adds seven directors

Ecuador’s Bustamante Fabara has promoted seven associates to director, strengthening several of its practice areas.

17 October 2022

French insurer acquires Brazilian assets

French insurance group CNP Assurances has hired the São Paulo offices of Cleary Gottlieb Steen & Hamilton LLP and Mattos Filho to purchase five insurance companies from Brazil’s Caixa Seguridade and Icatu for 907 million reais (US$178 million).

23 September 2022

Reinsurer IRB Brasil raises US$230 million in equity offering

IRB Brasil Resseguros has hired Hogan Lovells LLP in São Paulo and New York and Mattos Filho in São Paulo to raise 1.2 billion reais (US$230 million) in an equity offering, following multi-million dollar losses in the second quarter of the year.

15 September 2022

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