Argo Group, an underwriter of specialty insurance products in the property and casualty market, signed a sale agreement of its Italian operations (ArgoGlobal Assicurazioni) to the Swiss group Philantra. The deal is subject to customary regulatory approvals.
The cross-border Hogan Lovells team advising Argo Group was led in Italy by corporate partner Francesco Stella with the support from counsel Silvia Lolli, (regulatory insurance), senior associate Martina Di Nicola (corporate), counsel Serena Pietrosanti (tax) and senior associate Maria Cristina Conte (tax). The UK team was led by corporate partner Jonathan Russell with the support from Catherine Lah, Eustace Will, Aaron Burchell, and Adela Komorowska. The Hogan Lovells team was advised by Walder Wyss for Swiss law issues and collaborated closely with Argo Group’s in-house team led by Stewart Muirhead, Head of Legal UK and EMEA.
Fivelex Studio Legale advised Philantra, with a team consisting of Francesco Di Carlo (co-managing partner, corporate m & a – finance, banking and insurance), Flavio Acerbi (salary partner, corporate m & a – finance, banking and insurance) and Debora Gobbo (senior associate, finance, banking and insurance), and for the aspects of English law by the law firm Crowell & Moring, with a team composed of Simon Evers (partner, corporate practice), Mark Meyer (European insurance practice).