George D. Belcher
George Belcher is a member of the firm’s Insurance Group and global financial institutions practice. He focuses on insurance-related public and private acquisitions and private equity investments, as well as the regulatory issues involved in the insurance sector.

Bio

Mr. Belcher is a member of and attends a number of industry bodies including City Lawyers’ Solvency II Group, City of London Law Society (Insurance Sub-Committee) and the Financial Markets Law Committee (Insurance Sub-Committee).

He frequently advises on EU developments such as Solvency II and IMD2, as well as wider international developments including those related to IAIS and FSB. Mr. Belcher is familiar with the workings of the NAIC, U.S. state collateral requirements and federal initiatives such as the FIO.

Mr. Belcher was seconded to the FSA in 2010 to assist with the legal aspects of the FSA’s implementation of Solvency II. He also has spent time working in the UAE and has considerable experience with insurance law and markets in the Middle East.

Mr. Belcher’s experience since joining Skadden in May 2016 includes advising:

  • Phoenix Group in its acquisition of Abbey Life from Deutsche Bank AG for £935 million;
  • a start-up in the acquisition of an established life insurance brand; and
  • The Travelers Companies, Inc. in its US$490 million acquisition of Simply Business from Aquiline Capital Partners LLC.

His experience prior to joining Skadden in May 2016 includes advising:

  • Scottish Re in the disposal of its international insurance operations to Pacific Life;
  • Munich-American Holding Corporation in its acquisition of Hartford Steam Boiler from AIG;
  • Montpelier Re in its satellite insurance joint venture with Sciemus;
  • Zurich in its due diligence in respect of the RBS insurance group;
  • in reinsurance transactions concerning large annuity books (e.g. for Natixis/ NexGen and Pacific Life Re and Swiss Re);
  • in ISDA-based longevity swaps (e.g. for Securis Investments);
  • Sun Capital in its acquisition of Pearl;
  • Metlife in its acquisition of ALICO;
  • in the establishment of Pension Insurance Company;
  • Apollo in its acquisition of Brit;
  • Ironshore in its acquisition of Pembroke;
  • ANV in its acquisitions of Flagstone and Jubilee;
  • TSM in its disposal of a majority stake to the Electrical Contractors’ Association; and
  • First Reserve in its establishment of the Torus insurance group.

Credentials

Education

  • Legal Practice Course, Guildford College of Law, 2001
  • G.D.L., Guildford College of Law, 2000
  • M.A., History, Universities of Edinburgh (and Salamanca), 1999

Admissions

  • Solicitor, England & Wales

George D. Belcher

European Counsel, Financial Institutions
george.belcher@skadden.com