Pinsent Masons advises Arch Re on cross-border insurance business transfer
01 Dec 2025 | 09:10 am |
Multinational law firm Pinsent Masons has advised two subsidiaries of Arch Re – Southern Rock Insurance Company Limited (Southern Rock) and Alwyn Insurance Company Limited (Alwyn) – on the successful completion of an insurance business transfer under Part VII of the Financial Services and Markets Act 2000.
The transfer, which is scheduled to take effect on 31 December 2025, will move Southern Rock's remaining claims and expired policies to Alwyn. Both companies are Gibraltar-incorporated subsidiaries of Arch Re.
Alongside the UK Part VII process, Southern Rock will also transfer its Gibraltar business to Alwyn under Part 23 of the Financial Services Act 2019 (Gibraltar).
The Pinsent Masons team advising on the Part VII transfer was led by Partner Peter McCusker, with support from Partner Hammad Akhtar and Associate Priyanjoli Bose. ISOLAS LLP advised on the Part 23 Transfer in Gibraltar, with the team led by Partner Christian Caetano.
Pinsent Masons Partner Peter McCusker commented: “This transaction highlights the post-Brexit complexity of transferring UK insurance business between Gibraltar based carriers. Successfully navigating the Part VII and Part 23 regimes required close collaboration with regulators and advisers in both jurisdictions.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons advised La Banque Postale and Bpifrance
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
Pinsent Masons advises INDY Cinema on its acquisition by VERSANT
Multinational law firm Pinsent Masons has advised international cinema technology business INDY Cinema (INDY) on its acquisition by New York-based VERSANT, an industry-changing media and entertainment company.
Pinsent Masons and Central Saint Martins unveil new exhibition celebrating emerging artists
Multinational law firm Pinsent Masons, in collaboration with the world-renowned art and design college Central Saint Martins (CSM), University of the Arts London has announced the winner of its inaugural Prize celebrating emerging creative talent at an exhibition at its London headquarters, Crown Place.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advised La Banque Postale and Bpifrance
Multinational law firm Pinsent Masons in Paris advised La Banque Postale and Bpifrance in connection with the financing of the repowering of two wind farms (Marsanne and Grand Bois) owned by funds managed by Octopus Energy Generation, for an amount exceeding €83 million.
Pinsent Masons advises Aviva on Part VII transfer of former AIG Life protection business
Multinational law firm Pinsent Masons has advised the Aviva Group on the successful High Court-sanctioned transfer of the entire insurance business of Aviva Protection UK Limited (formerly AIG Life) to Aviva Life & Pensions UK Limited, under a Part VII insurance business transfer scheme.
Pinsent Masons advises on 350 million securitisation of Spanish mortgage loans
Multinational law firm Pinsent Masons has advised Balbec Capital LP on its €350 million Rule 144A/Reg S RMBS public securitisation.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]