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Appleby
Bermuda's re/insurance industry has displayed remarkable agility while adapting in response to the COVID-19 pandemic. Leading insurers and reinsurers remain open for business, and continue to...
Appleby
The island of Bermuda may be in lockdown, but that does not mean that it has shut down completely. Rather, some might say that it has a chance to set the benchmark for working from home efficiently.
Appleby
Ivy is sponsored by Global Atlantic and designed to co-invest approximately USD1 billion with Global Atlantic and its subsidiaries in qualifying reinsurance transactions. Global Atlantic and Ivy will co-invest...
Appleby
As insurance and reinsurance linked investing remains popular among investors and an attractive source of protection to cedents
Kennedys Law LLP
The arrival of new entrants to the ILS market has demonstrated continued investor confidence in Bermuda as a domicile.
Kennedys Law LLP
Bermuda captive insurers - January 2020.
Appleby
This year will see a return to growth for the ILS market, with a range of new products helping clients manage new risks more effectively, according to Brad Adderley, partner at Appleby.
Conyers
The National Association of Insurance Commissioners (NAIC) has reaffirmed Bermuda as a Qualified Jurisdiction, ensuring continued efficiency in the cross-border ...
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
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.
Appleby
The ILS market has broadly welcomed moves by the Bermuda Monetary Authority (BMA) to create a new collateralised insurance vehicle,
Conyers
The first half of 2019 saw a notable slow-down in global market activity from the same period last year.
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.
Appleby
Bermuda is a renowned insurance and reinsurance domicile and has enjoyed a long and distinguished history in the area of long-term insurance and reinsurance.
Appleby
The principal legislation governing companies in Bermuda is the Companies Act 1981, as amended (Companies Act), under which the majority of companies in Bermuda are incorporated by registration.
Conyers
In light of COVID-19, the Bermuda Monetary Authority and the Cayman Islands Monetary Authority have implemented continuity arrangements...
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