Clare Swirski

International Consultant

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London

Tel: +44 20 7786 3017

Overview

Clare Swirski is an international consultant in the firm’s London office. Her practice focusses on advising insurers and other financial ... Read Full Biography

Experience

- Helios Investment Partners in its launch of Africa Specialty Risk Group, a reinsurance business.
- Third Point Re in its $788 million merger with Sirius Group.
- GreyCastle in its sale to Monument Re, advising on the complex offshore UK / Bermuda life insurance structure. Debevoise also advised on the original establishment of GreyCastle.
- Covéa Group in its $9 billion acquisition of PartnerRe. (Terminated)
- Lovell Minnick in its take-private deal for Charles Taylor, a leading provider of professional services to the global insurance market.
- AmTrust Financial Services in its $830 million reinsurance-to-close deals with Enstar Group in respect of its Lloyd’s operations.
- AmTrust Financial Services in the sale of its domestic and international surety and credit reinsurance operations to Liberty Mutual.
- Hamilton Insurance Group in its acquisition of Pembroke Managing Agency and Ironshore Europe DAC from Liberty Mutual.
- AmTrust Financial Services in the merging of its Lloyd’s business with Canopius. The transaction will create a top-five insurer at Lloyd’s with combined premiums of approximately $2.2 billion.
- AXA in its acquisition of Bermuda-based XL/Catlin Group for $15.3 billion in connection with insurance M&A and regulatory matters.
- Assured Guaranty in its acquisition of a minority interest in Rubicon Infrastructure Advisors.
- Prudential Financial in its minority stake investment in Peak Reinsurance.
- American International Group in its $5.56 billion acquisition of Validus Group, a Bermuda-based, NYSE-listed, (re)insurance company.

Clare Swirski is an international consultant in the firm’s London office. Her practice focusses on advising insurers and other financial institutions on a range of transactional and regulatory matters. Ms. Swirski has over 20 years' experience advising financial institutions on the full range of corporate matters, including share and business acquisitions, joint ventures, reinsurance, longevity transactions, distribution agreements and group reorganisations.Ms. Swirski has also advised multinational insurers on key regulatory developments impacting the sector, including general governance issues, SIMR, with-profits regulation, Solvency II and Brexit issues.Ms. Swirski has played an active role in the development of the regulatory environment for insurers in the UK. She has previously liaised with HM Treasury on changes to Part VII legislation and was a member of a group of City lawyers responding to EIOPA Solvency II consultations. She was also a member of the insurance subgroup of the Financial Markets Law Committee, which most recently considered regulatory issues arising from Brexit.Ms. Swirski has been ranked by Chambers UK and The Legal 500 UK as a Band 1 corporate insurance lawyer for a number of years, with praise for her ability to “steer through complexity” and “come up with creative solutions to interesting problems.” In Chambers UK (2021), she receives praise for her “very detailed grasp of all of the relevant legislation” and for her ability to provide “sharp insights into its ramifications and application.” The guide has previously noted that she offers “very strong technical legal advice” and is “very strong in face-to-face negotiations.” Clients say she is “very proactive, responsive, and has a good problem-solving attitude.” In The Legal 500 UK (2021), where she is recommended for both her corporate insurance and regulatory practice, she is lauded as the “go-to insurance business transfer lawyer.” In previous editions of the guide, she is described as “focused and responsive” and as “a go-to person on Solvency II questions —she really understands the business implications.” She is also ranked by Best Lawyers and Who’s Who Legal as amongst the leading insurance practitioners in the UK.Ms. Swirski has also authored or co-authored a number of notable chapters in insurance regulation handbooks. Recent publications include “Insurance and Reinsurance in the UK,” PLC Global Guides (November, 2020); the UK chapter in the latest Insurance & Reinsurance Practice Guide, published by Chambers & Partners (January, 2020) and “Getting the Deal Through: Insurance & Reinsurance in the UK,” Getting the Deal Through (July, 2019).Ms. Swirski received her B.Sc. Hons followed by a Ph.D. in Molecular Genetics in 1986 from the University of Liverpool, followed by a Fogarty fellowship for post-doctoral work at Stanford University Medical Center, California. She became a Solicitor of the Supreme Court of England & Wales in 1994.