Skrine has been a trusted legal advisor to both Malaysian and foreign leading insurers and reinsurers on complex corporate transactions, regulatory and commercial matters, and advisory works. We also act for insurers and reinsurers in the resolution of any disputes.
We understand clients’ commercial and regulatory challenges, and we combine our knowledge of legal and regulatory requirements to address clients’ concerns pertaining to the robust regulatory landscape and changing customers’ demands and expectation. We have consistently advised insurers and reinsurers on corporate governance structure, regulatory requirements and approvals, outsourcing arrangements, bancassurance arrangements, distribution channels, digitalisation, data protection and customer privacy related matters.
From the corporate transaction perspective, we have a proven track record of successfully representing and acting for insurers and reinsurers in mergers & acquisitions, sale of business portfolio, joint venture, corporate restructuring and establishment of branch and/or subsidiary. We take pride in our ability to understand clients’ commercial needs to constantly develop strategised and practical solutions for our clients in the insurance and reinsurance sectors.
Our partner, Cheng Kee Check, acts regularly in these corporate transactions.
On the contentious side, we often provide practical legal advice and act for clients in various high stakes disputes, litigious and non-litigious, inter alia, insurance and reinsurance claims and coverage disputes, duties of insurers and insureds, disputes with policyholders, disputes as to contractual clauses in insurance and reinsurance contracts, and applications for interpleader relief where our clients are faced with different competing claims to certain insurance proceeds.
Our disputes partner, Loo Peh Fern, is recognised for her experience and practice in the field of insurance and reinsurance. She was nominated as a global-leading practitioner in 2018, is listed in the Who’s Who Legal for Insurance and Reinsurance, and received favourable reviews in the Legal 500 Asia-Pacific.