Transactions

MinterEllison is the market leader in advising clients to conclude life insurance transactions successfully under Part 9 of the Life Insurance Act and Division 3A of the Insurance Act. We have a thorough understanding of all of the legal and regulatory issues that need to be addressed in these transactions.

We have successfully executed more than 25 schemes for both life insurance and general insurance. This depth of experience provides a detailed understanding of the requirements of APRA and the Courts. We understand how to prepare scheme documentation to ensure a successful outcome.

We have built up strong working relationships with APRA officials and have a detailed understanding of the issues of particular interest and concern to the regulator. This includes knowledge of the timing from APRA’s perspective.

The number of transactions MinterEllison’s team has successfully undertaken provides a level of assurance that all of the issues will be effectively and efficiently addressed throughout the transaction. One unique aspect of our service offering in this area is the close working relationship we have with the actuaries when they are preparing and reviewing the necessary actuarial reports that form the basis of the scheme documents. Our knowledge of schemes can assist the actuaries in drafting the report to meet all of the Court’s requirements.