Bob is a corporate finance lawyer in the corporate and regulatory insurance team based in London with a particular focus on discontinued insurance businesses, restructurings and regulation. He also has a growing practice in the specialist Lloyd’s market.
Bob was promoted to partner in 2012 which Legal 500 has described as a “boost to the regulatory side of the practice”. He is a frequent speaker at industry events and has co-authored a chapter on closing books of business in Research Handbook on International Insurance Law and Regulation, published by Edward Elgar.
Bob’s main client relationship responsibilities are for XL Catlin, AIG, a major UK motor insurer and a number of run-off aggregators.
Bob is well known for complex and high profile transactions, including the recent completion of the restructuring and cross-border merger of Markel’s Irish insurance company into its London market insurer, advising in connection with the pre-pack administration and break-up of the PI law firm Parabis and completing the sale, by way of share sale and reinsurance, of Chaucer’s UK motor business to Markerstudy.
Bob has previously spent 9 months on secondment to the FSA, where he was working on the implementation of the Solvency II Directive and he remains at the forefront of developments relating to the Solvency II regime. Bob has a unique ability of reducing the most complex of concepts to readily intelligible language for clients and colleagues alike.
The last couple of years have been notable for the absence of financings of Airbus and Boeing aircraft supported by the European Export Credit Agencies and US Eximbank. Airlines have had to look to other sources of finance for new aircraft in recent years, and the large manufacturers have had to monitor carefully the expected funding sources for some of their pipeline of deliveries..
January 09, 2018
The recovery of global economies depends as much on stimulating growth through investment as it does on fiscal policies..
May 03, 2016
Eight Norton Rose Fulbright lawyers across EMEA have been recognised in Euromoney’s “Rising Stars 2016” guide..
July 22, 2016
Bob Haken discusses the potential benefit for insurers of issuing contingent capital bonds to meet new capital requirements..
October 01, 2013