Clifford Chance and Allen & Overy advise as Allianz buys £500m stake in UK insurer LV=

German insurance giant signs joint venture deal with LV= to create the UK's third largest personal insurer

Magic circle duo Clifford Chance (CC) and Allen & Overy (A&O) are advising as German insurance giant Allianz strikes a joint venture deal with LV=.

Allianz will pay £500m for a 49% stake in the UK insurance company’s general insurance business, valued at just over £1bn.

This premium content is reserved for
Legal Week Subscribers.

Subscribe today to get ALL ACCESS and 15% off!

A premium subscription gives you access to all articles and provides:

  • Trusted insight, news and analysis from the UK and across the globe
  • Connections to senior business lawyers within the leading law firms and legal departments
  • Unique access to ALM’s unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week’s UK Top 50 and Global 100 rankings
  • The Legal Week Daily News Alert, Editor’s Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
  • Optimized access on all of your devices: desktop, tablet and mobile
  • Complete access to the site’s full archive of more than 56,000 articles

Subscribe Now For All Access

For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651