INTERACTIVE EDITION In this issue... The most responsive firms of Asia-MENA The Saudi cooperative insurance market the Premier League of insurance? The New Indian Gazettal and what it will mean for China and Hong Kong Financial dispute resolution in Hong Kong: nothing to fear? MAGAZINE FOR THE IN-HOUSE COMMUNITY ALONG THE NEW SILK ROAD l Volume 10 Issue 6, 2012 www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Asian-m e n a Counsel is pleased to annouce the In-House Community Firms of the Year for 2012. The results are based entirely on the nominations and testimonials of the in-house counsel surveyed as part of the sixth annual Asian-m e n a Counsel - In-House Community Representing Corporate Asia & Middle East Survey. A Unique & Objective Methodology Over 18,000 pre-qualified in-house counsel and buyers of legal services were invited to participate in our survey directly and personally online, through a controlled interface, or while attending one of our In-House Congress or Symposium events across the region (over 2,500 in-house counsel attend at least one of our 15 In-House Community events annually). With no obligation, 583 individuals responded to the survey in full (see Figure 1 on page 22 for a full breakdown of our respondents by job title and role). Participants were asked, among other things, for their comments on the quality and value of service they received from external counsel in their jurisdiction, and which firms they prefer to use for various activities. In-house counsel were able to nominate any firm of their acquaintance the poll does not lead their choices in any way whatsoever and hence is unique among legal polls in the region with votes aggregated to select the winning firms in each category. As such, the results do not indicate which law firms have been the most active in any given area, but rather those private practice teams whose service has been of meritable quality and who have been responsive to their clients needs beyond the norm. Where applicable, both domestic and international firms have been recognised as Winners, and where results have been too close to call, joint category winners have been announced. In addition to the winning firms, Honourable Mentions have been awarded to law firms that have also received notable in-house recognition, and in the event of significant votes but no outright winner in a category, we have named all the firms as Honourable Mentions. Congratulations to all those who have played a part in the teams honoured below. CHINA Alternative Investment Funds (including Private Equity) Allbright Law Offices Dacheng Law Offices Gunderson Dettmer Llinks Law Offices AntiTrust / Competition T&D Associates Aviation BANKING & FINANCE Llinks Law Offices Capital Markets Haiwen & Partners Llinks Law Offices Commerce & Finance Law Offices Compliance / Regulatory Jade & Fountain PRC Lawyers Sheppard Mullin Richter & Hampton Squire, Sanders & Dempsey Corporate and M&A Allbright Law Offices DeHeng Law Offices Fangda Partners FenXun Partners Global Law Offices Hylands Law Firm Volume 10 Issue 6, 2012 51

Representing Corporate Asia & Middle East Llinks Law Offices Martin Hu & Partners Paul Hastings Paul, Weiss, Rifkind, Wharton & Garrison Shearman & Sterling Employment Allbright Law Offices Energy & Natural Resources Vinson & Elkins Broad & Bright Law Firm Environmental Insurance Grandall Law Firm Intellectual Property CCPIT Patent & Trademark Law Office Hogan Lovells International International Arbitration Fangda Partners Litigation & Dispute Resolution Dacheng Law Offices DeHeng Law Offices Global Law Offices Kang Da Law Firm Maritime & Shipping Yao Liang Law Offices Real Estate / Construction Allbright Law Offices Dacheng Law Offices Fangda Partners Restructuring & Insolvency Dacheng Law Offices Taxation Most Responsive International Firms of the Year Most Responsive Domestic Firms of the Year Dacheng Law Offices Global Law Offices Jincheng, Tongda & Neal HONG KONG Akin Gump Strauss Hauer & Feld Ogier Stephenson Harwood AVIATION Mayer Brown JSM BANKING & FINANCE Davis Polk & Wardwell Cleary Gottlieb Steen & Hamilton Ropes & Gray Shearman & Sterling Simpson Thacher & Bartlett Deacons Mayer Brown JSM Reed Smith Richards Butler 52 ASIAN-Mena COUNSEL www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Eversheds Milbank, Tweed, Hadley & McCloy Ropes & Gray Skadden, Arps, Slate, Meagher & Flom Slaughter and May Mayer Brown JSM Tanner De Witt Deacons Bird & Bird Deacons Jones Day Hogan Lovells Pinsent Masons So Keung Yip & Sin Squire Sanders Stephenson Harwood Islamic Finance LITIGATION & DISPUTE RESOLUTION Holman Fenwick Willan Minter Ellison Reed Smith Richards Butler Stephenson Harwood Holman Fenwick Willan Ince & Co Eversheds MFB Deacons Mayer Brown JSM Bingham McCutchen Gall Hogan Lovells Eversheds Holman Fenwick Willan Deacons INDIA J. Sagar Associates Nishith Desai Associates Khaitan & Co Luthra & Luthra Nishith Desai Associates AVIATION BANKING & FINANCE Wadia Ghandy & Co Bharucha & Partners Juris Corp Volume 10 Issue 6, 2012 53

Representing Corporate Asia & Middle East J. Sagar Associates J. Sagar Associates Kanga & Co J. Sagar Associates Khaitan & Co Nishith Desai Associates Vaish Associates Wadia Ghandy & Co Bhasin & Co Rajinder Narain & Co Rajinder Narain & Co PRA Law Offices Wadia Ghandy & Co Anand & Anand W.S. Kane & Co Arjun T. Bhagat & Co Economic Laws Practice ISLAMIC FINANCE Clasis Law LIFE SCIENCES Nishith Desai Associates LITIGATION & DISPUTE RESOLUTION Wadia Ghandy & Co Bharucha & Partners Luthra & Luthra Trilegal Clasis Law Kanga & Co Phoenix Legal Khaitan & Co Tiwari & Associates KPMG Lakshmikumaran & Sridharan Deloitte Touche Tohmatsu Economic Laws Practice J. Sagar Associates Nishith Desai Associates Eversheds Reed Smith J. Sagar Associates Wadia Ghandy & Co Advaya Legal India Law Services Khaitan & Co Nishith Desai Associates Phoenix Legal S.N. Gupta & Co INDONESIA Makes & Partners Adnan Kelana Haryanto & Hermanto Ignatius Andy Law Offices AVIATION Bahar & Partners BANKING & FINANCE 54 ASIAN-Mena COUNSEL www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Melli Darsa & Co Makes & Partners Melli Darsa & Co Roosdiono & Partners (ZICOlaw) Makes & Partners O Melveny & Myers (in association with Tumbuan & Partners) Bahar & Partners Milbank, Tweed, Hadley & McCloy Kemalsjah & Associates Hiswara Bunjamin & Tandjung (in association with Herbert Smith) Widyawan & Partners AKSET Law (in association with Ginting & Reksodiputro) Ignatius Andy Law Offices Melli Darsa & Co Volume 10 Issue 6, 2012 Oentoeng Suria & Partners ENVIRONMENTAL AAP Law Firm AMR Partnership Acemark Soemadipradja & Taher Hiswara Bunjamin & Tandjung (in association with Herbert Smith) KarimSyah Law Firm ISLAMIC FINANCE KarimSyah Law Firm LITIGATION & DISPUTE RESOLUTION Adnan Buyung Nasution & Partners Adnan Kelana Haryanto & Hermanto ASP & Associates Hiswara Bunjamin & Tandjung (in association with Herbert Smith) Lubis Santosa & Maramis Stephenson Harwood Wiriadinata & Saleh Law Offices Makes & Partners Melli Darsa & Co Roosdiono & Partners (ZICOlaw) O Melveny & Myers (in association with Tumbuan & Partners) Christian Teo Purwono & Partners Indonesian Law Alliance Webb Henderson Herbert Smtih O Melveny & Myers Stephenson Harwood 55

Representing Corporate Asia & Middle East Oentoeng Suria & Partners Tumbuan & Partners JAPAN Alternative Investment Funds (including Private Equity) Nishimura & Asahi Mitsui Company Anderson Mōri & Tomotsune GJBJ Tokyo Aoyama Aoki Koma Law Office (Gaikokuho Joint Enterprise) Iwata Godo Law Firm Kuroda & Partners Nagashima Ohno & Tsunematsu AVIATION Fitzpatrick & Hunt, Tucker, Collier, Pagano, Aubert Banking & Finance Mori Hamada & Matsumoto Morrison & Foerster Simpson Thacher & Bartlett Sullivan & Cromwell Nishimura & Asahi Nagashima Ohno & Tsunematsu Davis Polk & Wardwell Iwata Godo Law Firm Jones Day Morrison & Foerster Nishimura Asahi Shearman & Sterling Anderson Mōri & Tomotsune Mori Hamada Matsumoto Nagashima Ohno & Tsunematsu TMI Associates ENVIRONMENTAL Nishimura & Asahi TMI Associates Yuasa and Hara Kotto Dori Law Office Nagashima Ohno & Tsunematsu Litigation & Dispute Resolution Iwata Godo Law Firm GJBJ Tokyo Aoyama Aoki Koma Law Office (Gaikokuho Joint Enterprise) Anderson Mōri & Tomotsune Morrison & Foerster Abe, Ikubo & Katayama Law Firm Morrison & Foerster Iwata Godo Law Firm Kotto Dori Law Office Jones Day Chadbourne & Parke Morrison & Foerster Nagashima Ohno Tsunematsu Nishimura Asahi Anderson Mōri & Tomotsune Mori, Hamada & Matsumoto TMI Associates Yuasa and Hara MALAYSIA Rahmat Lim & Partners AVIATION BANKING & FINANCE Chooi & Company 56 ASIAN-Mena COUNSEL www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Chooi & Company Kadir Andri & Partners Adnan Sundra & Low Rahmat Lim & Partners Kamilah & Chong (in association with Rajah & Tann) ENVIRONMENTAL Raja, Darryl & Loh Azmi & Associates Haryati Deepak Henry Goh Rahmat Lim & Partners Wong Jin Nee & Teo Zain & Co ISLAMIC FINANCE Adnan Sundra & Low Kadir Andri & Partners LIFE SCIENCES LITIGATION & DISPUTE RESOLUTION Chooi & Company Albar & Partners Kadir Andri & Partners Rahmat Lim & Partners Adnan Sundra & Low Haryati Deepak Nixon Peabody (US) Ashurst Trowers & Hamlins SINGAPORE WongPartnership Drew & Napier.Wong & Leow Volume 10 Issue 6, 2012 57

Representing Corporate Asia & Middle East BANKING & FINANCE WongPartnership.Wong & Leow.Wong & Leow WongPartnership.Wong & Leow Ashurst.Wong & Leow TSMP Law Corporation.Wong & Leow Amica Law ATMD Bird & Bird UniLegal Infinitus Law Corporation WongPartnership Drew & Napier Haridass Ho & Partners Stephenson Harwood ISLAMIC FINANCE Duane Morris & Selvam LITIGATION & DISPUTE RESOLUTION Drew & Napier Drew & Napier VoskampLawyers RHTLaw Taylor Wessing Ashurst WongPartnership.Wong & Leow88 Drew & Napier WongPartnership SOUTH KOREA AVIATION Banking & Finance Yoon & Yang Hwang Mok Park 58 ASIAN-Mena COUNSEL www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Kim, Choi & Lim ENVIRONMENTAL Cho & Partners Lee International IP & Law Group Muhann Patent & Law Firm ISLAMIC FINANCE LIFE SCIENCES TY & Partners Litigation & Dispute Resolution Hwang Mok Park Holman Fenwick Willan Jipyong Jisung Hwang Mok Park Yoon & Yang s Jones Day s THAILAND Siam Premier Weerawong, Chinnavat & Peangpanor Banking & Finance Hunton & Williams LawPlus LS Horizon LS Horizon Weerawong, Chinnavat & Peangpanor Siam Premier Siam Premier Weerawong, Chinnavat & Peangpanor Hunton & Williams Volume 10 Issue 6, 2012 59

Representing Corporate Asia & Middle East SCG Legal Siam Premier Weerawong, Chinnavat & Peangpanor Seri Manop & Doyle Hunton & Williams ENVIRONMENTAL Tilleke & Gibbins Satyapon & Partners Ltd Watson, Farley & Williams Litigation & Dispute Resolution Siam Premier Pramuanchai Law Office Hunton & Williams Weerawong, Chinnavat & Peangpanor PwC Hunton & Williams PwC LawPlus LS Horizon Weerawong, Chinnavat & Peangpanor UNITED ARAB EMIRATES Hogan Lovells King & Spalding Fulbright & Jaworski Banking & Finance Ashurst Fulbright & Jaworski Patton Boggs Eversheds Shearman & Sterling ENVIRONMENTAL Holman Fenwick Willan Salih El Amin 60 ASIAN-Mena COUNSEL www.inhousecommunity.com

Asian-m e n a Co u n s e l In-House Community Survey 2012 Reed Smith ISLAMIC FINANCE LIFE SCIENCES SNR Denton Litigation & Dispute Resolution King & Spalding Jones Day Berwin Leighton Paisner Galadari & Associates SNR Denton SNR Denton Most Responsive Domestic Firms of the Year Galadari & Associates Top category winners by jurisdiction JURISDICTION FIRM Category WINS China Domestic 8 International 4 Hong Kong Domestic Deacons 1 International 7 India Domestic 9 International = = Indonesia Domestic 8 Japan Domestic Nishimura & Asahi 2 Malaysia Domestic 11 International 2 Singapore Domestic 8 International (Baker & McKenzie.Wong & Leow) 4 South Korea Domestic 15 Thailand Domestic 5 International 11 UAE Domestic 10 International 6 Most Responsive Firm in most jurisdictions: Baker & McKenzie 2 2 Volume 10 Issue 6, 2012 61