ARTICLE · 25 APRIL 2020

Bermuda Corporate Insurance Brief - April 2020

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Welcome to the latest edition of Bermuda Corporate Insurance Brief. Headlines in this edition include:

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Welcome to the latest edition of Bermuda Corporate Insurance Brief

Headlines in this edition include:

Clarifications and enhancements regarding adjustments of statutory capital and surplus under the Insurance Act 1978
An overview of the advantages of and process for registering a captive insurer in Bermuda
Recent developments bolstering Bermuda's global position in the captive arena
Update on economic substance scope and filing requirements
Update on the appointment of Bermuda's Privacy Commissioner
Outline of the process of effecting an amalgamation or a merger in Bermuda
The race to become the jurisdiction of choice for international arbitrations

Adjustment of insurers' statutory capital and surplus - clarifications and enhancements

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances. Kennedys operates in Bermuda in association with Kennedys Chudleigh Ltd.

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