Magdi Adab

• Aon on a number of transactions transferring the renewal rights over certain books of business to third parties
• Aon on numerous transactions in the UK, US and globally, including various MBOs
• Aon on the strategically significant acquisition of Henderson Insurance Brokers Limited, a leading insurance intermediary group in the North of England
• ARAG on the acquisition of DAS Legal Expenses from ERGO, a member of the Munich Re group
• Arcadian on the sale of a majority interest and investment by Lee Equity Partners
• Ariel Re Capital Partners on the establishment and fund raising related to a commingled investment vehicle which has raised funds from third party capital to be invested through the London Bridge 2 structure
• Ariel Re on its capital raise transactions for each year of account including from incumbent and new third-party financial investors, via/ direct participation or via/ London Bridge 2
• Atrium Syndicate 609 on its loss portfolio transfer agreement with Enstar Syndicate 2008 for the 100% quota share reinsurance related to certain lines of 2023 and prior business
• AXA on its acquisition of UK insurance intermediary, Global Insurance Management.
• Baloise Belgium NV in respect of an approximately €900 million collateralized asset intensive reinsurance transaction with RGA
• BdB, a Lloyd’s wholesale brokerage and MGA platform with operations in the UK and the EU, on its sale to Brown & Brown Inc
• Carbon Underwriting, a Lloyd’s coverholder, on the sale of a minority interest to Apiary
• Compre on a number of legacy transactions including with Generali, QBE, Partner Re, Baloise, Ethias, AmTrust, Covea, Hannover and AG Insurance
• Generali on the sale of the renewal rights to its UK Employee Benefits business to Unum and related Part VII transfer of the remaining GEB UK policies and claims to Unum (subject to court and regulatory approval)
• Liberty Mutual and Asta on the RITC of Syndicate 1980’s 2019 and prior years of account with RiverStone and related transitional arrangements
• Liberty Mutual and Hamilton on the RITC of Syndicate 4000’s 2018 and prior years of account with Riverstone and related transitional arrangements
• Liberty Mutual on the structuring and implementation of its Brexit reorganization involving a complex SE merger and seat transfer of LMIE to Luxembourg and set up and authorization of its UK branch
• Oaktree on the establishment of its Lloyd’s reinsurance syndicate to participate on Allianz’s outwards reinsurance program, on a multi-year basis
• Pacific Life Re on a funded flow reinsurance transaction with a Japanese ceding insurance company
• Pelican Ventures on its joint investment with J.C. Flowers and Berkshire Hathaway into the Lloyd’s market involving the acquisition of the Ariel Re platform and simultaneous corporate member support to Apollo Management
• QBE (as interim in-house counsel) on various matters including its casualty sidecar George Street Re
• Saudi Re in relation to its acquisition of a 49.9% stake in Probitas (Bermuda) Limited, the holding company of the Lloyd's corporate member Probitas Corporate Capital and Lloyd's Syndicate 1492 and on the subsequent sale to Aviva plc
• Trium Cyber on its capital raises with multiple investors by way of both direct equity investments into the Trium corporate member and the placement of third-party reinsurance FAL and letters of credit
• Zurich on the sale of its Russian business to management

*Magdi advised on some of these matters prior to joining Willkie.