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Swiss Life transfers its German insurance business to Swiss Life Lebensversicherung SE

Published Date
Sep 12 2024
Swiss Life AG, German branch, transferred its entire insurance portfolio to the newly established group company Swiss Life Lebensversicherung SE, based in Garching near Munich, with effect of midnight on August 31, 2024. Swiss Life was supported in this venture by A&O Shearman. 

The reorganization, which has now been successfully concluded, was approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht; BaFin). The entire process ran smoothly and on schedule. It will have no impact on relations with customers, business or sales partners, service providers or employees.

The A&O Shearman team consisted of partner Dr Jan Schröder, counsel Dr Achim Schmid (joint lead) and associate Saber Baratzadeh (all Insurance Transactional and Regulatory, Düsseldorf), counsel Marie-Luise von Buchwaldt and associate Dr Naemi Czempiel (both M&A, Hamburg) as well as counsel Dr Jens Wagner (Corporate, Munich), partner Dr Sebastian Schulz as well as associates Dr Hendric Stolzenberg and Lisa Wantzen (all Employment and Benefits, Frankfurt), partner Catharina Glugla and associate Pascal Schröder (both Data Protection, Düsseldorf), as well as partner Dr Alexander Behrens, counsel Martina Stegmaier and senior associate Niklas Germayer (all Financial Regulatory, Frankfurt).

For more information please contact: Ayfer Ekingen, Frankfurt am Main, Tel: +49 69 2648 5840.