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Conyers
The National Association of Insurance Commissioners (NAIC) has reaffirmed Bermuda as a Qualified Jurisdiction, ensuring continued efficiency in the cross-border ...
Carey Olsen
Another important step in establishing a captive insurer is choosing the jurisdiction in which it will be established.
Appleby
Optimism is high in the reinsurance industry this year, according to Brad Adderley, partner at offshore law firm Appleby, and there appears to be some confidence that the market's outlook will ...
Appleby
Appleby was instructed by the shareholders of Sandell Holdings Ltd. in connection with the sale of the entire issued share capital of Sandell to Randall & Quilter II
Appleby
This years' rising stars have been nominated by their companies because of their exceptional talents and drive to succeed.
Appleby
The Bermuda insurance market continues to set the standard for the global industry.
Appleby
The market is moving in the right direction on rates but the landscape is becoming increasingly complex.
Appleby
Indeed, cyber's omnipresence across multiple lines of business has been forcing the industry to re-evaluate its traditional approach to risk.
Walkers
The introduction of a new class of insurer in Bermuda, "Collateralised Insurers", is expected to be beneficial to both insurance-linked securities funds' and their investors, according to Sarah Demerling, Partner at law firm Walkers.
Kennedys Law LLP
Welcome to the latest edition of Bermuda Corporate Insurance Brief.
Kennedys Law LLP
The Code will help underpin the jurisdiction's claim to regulatory excellence and adherence to international standards.
Conyers
Amendments to the Insurance Act 1978, which became operative on 5 August, have introduced two new classes of insurer and a new category of insurance intermediary.
Kennedys Law LLP
Bermuda's Economic Substance Act 2018 (ESA) and Economic Substance Regulations 2018 (ESR) came into operation on 31 December 2018.
Kennedys Law LLP
These should be good times for the captive insurance sector and for other self-insurance arrangements.
Walkers
On 5 August 2019, the Insurance Amendment Act 2019 (the "Amendment Act") came into operation, amending the Insurance Act 1978.
Appleby
Bermuda's commitment to providing innovative solutions in the ever-evolving insurance marketplace is well-established.
Appleby
The ILS market has broadly welcomed moves by the Bermuda Monetary Authority (BMA) to create a new collateralised insurance vehicle,
Kennedys Law LLP
Despite competition from other jurisdictions, Bermuda continues to be the domicile of choice for alternative capital capacity, with more than half of the share of the global alternative capital market.
Conyers
Bermuda is the world's largest captive domicile with over 700 active captive licences on its register generating approximately US$54 billion in annual gross written premiums.
Kennedys Law LLP
Bermuda maintains its position as one of the world's leading centres for insurance and reinsurance. Almost all global (re)insurers and brokers have a Bermuda presence providing much needed capacity and services to corporate insureds, ceding insurers and self-insured entities.
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