Theodoulos Charalambous

Theo Charalambous counsels insurers, brokers and private equity sponsors on mergers and acquisitions, disposals, investments, reorganizations, alternative transaction structures and multijurisdictional regulatory matters.

Mr. Charalambous’ experience includes advising:

• InEvo Re (established by Macquarie Asset Management) on its first pension risk transfer life reinsurance transaction
• Blackstone on the establishment of Syndicate 2478, a reinsurance syndicate at Lloyd’s that will be a multiyear participant on AIG’s outwards reinsurance program. Syndicate 2478 will be supported by third-party capital from funds managed by Blackstone through the London Bridge 2 PCC structure and Blackstone will act as investment manager for syndicate assets
• a European MGA consolidation platform on its acquisition of a Benelux insurance intermediation business
• Pollen Street and Markerstudy in the agreed upon acquisition of Collingwood, a U.K./Gibraltar-based broker/carrier group
• Corebridge Financial, Inc. on the £460 million sale of its U.K. life insurance business to Aviva plc
• Intact Financial Corporation and its subsidiary Royal & Sun Alliance Insurance Limited on their US$648 million acquisition of the brokered commercial lines operations of Direct Line Insurance Group plc
• Willis Towers Watson on its US$4 billion sale of Willis Re to A. J. Gallagher
• a major U.K.-based carrier-broker in connection with the acquisition of a Gibraltar carrier-broker group
• Argo Group International on the US$125 million sale of Argo Underwriting Agency and Lloyd’s Syndicate 1200 to Westfield Insurance
• Sompo International on its sale of Lloyd’s Syndicate 5151 business to Riverstone
• Acrisure, LLC on its acquisition of Volante Global, a specialty Lloyd’s managing general agent
• U.K.- and Gibraltar-based insurers on a series of regulatory capital issuances and reinsurances in connection with reorganizations of regulated carrier and broker groups involving regulatory clearances in Germany, the Netherlands, Turkey, Korea, Taiwan, Hong Kong, Singapore and Indonesia