Displaying a 'good combination of industry and regulatory knowledge', A&O Shearman is well-positioned to provide 'practical advice' to insurers, reinsurers, banks and intermediaries across a wide range of their advisory, transactional, product-related and litigation insurance needs. Team head Paul Péporté deploys his regulatory expertise to good effect on M&A in the sector, as well as in relation to the distribution of insurance products and the establishment of insurance companies. Pierre Schleimer has vast institutional knowledge in the space, while at a more junior level, counsel Helena Finn  is 'exceptionally knowledgeable' across a plethora of regulatory requirements impacting the industry, including as it relates to capital adequacy requirements and ESG.

With strong industry knowledge and leveraging 'excellent links with the regulator', Arendt & Medernach continues to thrive in the market, regularly acting for many of the world's largest insurance/reinsurance companies on issues relating to their Luxembourg operations. Team head Pierre-Michaël de Waersegger  is steeped in the nuances of the industry and as well as frequently providing standalone regulatory advice, also plays a key role, working alongside the firm's corporate/private equity lawyers, on M&A in the sector. He also advises insurance/reinsurance groups subject to regulatory investigations, as does the 'excellent' Emmanuelle Mousel, who continues to build out her impressive body of work in the sector, including with regard to ESG compliance. Experienced litigator Christian Point often handles disputes in the sector, including as it relates to coverage and liability issues.

Led by corporate and capital markets expert Christian Kremer, Clifford Chance deploys a multi-disciplinary approach to servicing insurance clients. In this context, a good deal of the work is transactional in nature with the team excelling in helping international insurance entities establish operations in Luxembourg, as well as regularly working on big-ticket M&A deals in the sector and on the transfer of portfolios of insurance business. Leveraging excellent ties with the regulator, counsel Udo Prinz is also key to much of the transactional and standalone advisory work handled by the team and is appreciated by clients for his ability to provide 'practical solutions with a reduced legal risk'.

Drawing from the firm's broader finance, regulatory and funds practice areas, CMS' cross-practice insurance offering handles a mix of day-to-day regulatory issues, products-related advice and general corporate work, as well as advising on standalone bespoke projects, including multi-jurisdictional matters involving interaction with other firmwide offices. Vivian Walry has expertise advising banks on the regulatory aspects of marketing insurance products. He co-heads the team alongside Benjamin Bada and Aurélia Viémont.

The nascent insurance team at DLA Piper Luxembourg, which was formed following the arrival of the 'calm and pragmatic' David De Cubber in February 2023 from now defunct boutique firm LexField, has quickly gained traction in the market among insurers, distributors, reinsurance, assets managers and banks, which are appreciative of the team's ability to leverage complementary practice groups (finance and corporate) and the firm's international network. De Cubber, who has also previously served as head of legal at a leading insurance company, heads the team and stands out for 'his exceptional strategic insight and ability to simplify complex legal challenges into actionable steps'.

The 'highly professional, responsive and friendly' team at MOLITOR Avocats à la Cour SARL provides 'practical and strategic advice' to national and international clients in litigation with and against many of the highest-profile insurance companies. Appreciated for his ability to understand 'not only the legal nuances but also the business context of every issue', team head Michel Molitor frequently takes the lead on high-profile matters, including coverage and liability disputes. Although it is better-known for its litigation prowess, the team is also increasingly active on the non-contentious front, with counsel Ariane Wourwoukas, who has deep insight into the sector in part through her previous role in-house at a life insurance company, regularly instructed by clients seeking licensing approvals and on other regulatory matters.