Insurance
Asia-Pacific Guide 2024 : Japan
Band 1
Email address
[email protected]Contact number
+81 3 6250 6200About
Provided by Nishimura & Asahi
We advise on a wide range of insurance regulatory matters including applications for insurance business licenses, sales regulations (including bancassurance regulations), and responses to inspections by supervisory agencies. We have attorneys who have worked at the Financial Service Agency (FSA) and we have experience in requesting the FSA to amend regulations on behalf of clients.
We hold an impressive record of achieving excellent results for our clients in complex insurance (including both primary insurance and reinsurance) disputes and litigation matters of every kind, such as insurance coverage disputes concerning insurance policies. In particular, we are very experienced in advising on reinsurance disputes.
We offer a broad range of legal services relevant to insurance companies in the areas of M&A, demutualisations, the incorporation of branches of foreign insurance companies and the transfer of insurance contracts. Recently, we had the opportunity to handle a number of cross-border M&A transactions, both inbound and outbound.
Chambers Review
Nishimura & Asahi has a first-rate practice with a solid reputation for advising insurers on a broad spectrum of transactions, and with particular skill in handling cross-border acquisitions and financing. The team additionally handles reinsurance disputes and advises on the development of insurance products. The firm is adept in tackling regulatory matters with a proven track record of interaction with the FSA and is equally capable of offering insurance-related litigation services. Several team members possess prior experience either as in-house counsel at insurance companies or as secondees to the FSA. Its clients include Tokio Marine & Nichido Fire Insurance, Sompo Holdings and AI Corporation.
Work Highlights
- Nishimura & Asahi advised Japan Post Holdings on its acquisition of a 7% stake in Aflac for an estimated USD2.7 billion as part of a strategic alliance.
Strengths
Provided by Chambers
"Nishimura & Asahi lawyers are very supportive from a client perspective in solving complicated problems."
"Nishimura & Asahi is the best in class for cross-border insurance M&A."
"Nishimura & Asahi lawyers are very supportive from a client perspective in solving complicated problems."
"Nishimura & Asahi is the best in class for cross-border insurance M&A."
Notable Practitioners
Shinichi Takahashi is often looked to as a senior practitioner in the market and lends his many years' experience as a leading transactional and regulatory insurance lawyer to the department's ranks. His broad practice also encompasses insurance and reinsurance disputes.
Takuya Oshida often advises on cross-border acquisitions and strategic investments. In addition to insurance-related M&A, he is also frequently sought after for his advice on insurance regulations.
"Takuya Oshida is a highly skilled veteran in insurance M&A."
Ranked Lawyers at
Nishimura & Asahi
Japan
Industries
Provided by Nishimura & Asahi
Insurance