Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 18 NOVEMBER 2016

Bermuda Public Companies Update - November 2016

Conyers
Conyers
Contributor
Conyers

Conyers

For over 25 years Conyers’ London office has provided time-zone sensitive advice and support to our...

View firm profile
Explore more from Conyers

We are pleased to present the latest edition of our Bermuda Public Companies Update which features a recap of significant transactions involving Bermuda public companies listed on the NYSE and Nasdaq for the period of Q2 through Q3 2016.

BermudaInsurance
Marcello Ausenda
Marcello Ausenda
Author LinkedIn connections

We are pleased to present the latest edition of our Bermuda Public Companies Update which features a recap of significant transactions involving Bermuda public companies listed on the NYSE and Nasdaq for the period of Q2 through Q3 2016.

The year to date has been a generally poor one for new listings in the US and worldwide and is the slowest since 2009 globally. In 2015 there were a total of 196 IPOs on the principal US exchanges. As of the end of Q3 2016 there have been only 87 IPOs. Some hope, however, can be derived from Q3 2016 activity, which was the strongest quarter for IPOs thus far in 2016, with 40 IPOs raising US$6.6 billion (even though IPO activity and proceeds still fell short of the levels seen during the same period in prior years). An influx of deals in September indicated that investor appetite for new issuances may be strong.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

View source

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

BMA Sets Out Phased Path To A Bermuda Insurance Resolution Regime

The Bermuda Monetary Authority has published a consultation paper outlining the first phase of a resolution regime for the commercial insurance sector, designed to align with international standards. The framework establishes the BMA as the Resolution Authority with five core objectives and defines which insurers will fall within scope. This phased approach raises important questions about governance, recovery planning, and the practical implications for domestic insurers and Internationally Active Insuranc
BermudaInsurance
Appleby
Appleby
Article

The Long Game: How Bermuda Became The World’s Life Reinsurance Capital

Bermuda has emerged as the dominant global hub for life and annuity reinsurance, now holding over $900 billion in US life and annuity liabilities and accounting for 84% of all US reserves ceded offshore. This analysis examines how the island's sophisticated regulatory framework, purpose-built infrastructure, and commercially engaged regulator have created a structural advantage that extends beyond its traditional catastrophe reinsurance roots into long-dated life business from the US, UK, and Asia.
BermudaInsurance
Appleby
Appleby
Article

Supervision Rules For Internationally Active Insurance Groups Being Proposed By BMA

The Bermuda Monetary Authority is implementing new Insurance (Internationally Active Group Supervision) Rules 2026 to align Bermuda's regulatory framework with international standards for Internationally Active Insurance Groups set by the IAIS. These proposed rules introduce enhanced governance, risk management, and reporting requirements for IAIGs domiciled in Bermuda, with final rules expected in Q4 2026 following a consultation period that closed on September 30, 2026.
BermudaInsurance
Appleby
Appleby
Article

Proposed Supervision Rules For Internationally Active Insurance Groups

The Bermuda Monetary Authority has completed its consultation on proposed new rules for the supervision of Internationally Active Insurance Groups, introducing enhanced qualitative requirements aligned with the Common Framework for the Supervision of IAIGs. These proposals would establish strengthened standards for corporate governance, risk management, liquidity oversight, and supervisory reporting for insurance groups operating across multiple jurisdictions.
BermudaInsurance
Conyers
Conyers
Article

New Police Clearance Requirement For Key Persons Of Bermuda Direct Long-Term Insurers And Insurance Intermediaries

The Bermuda Monetary Authority has introduced a new Police Clearance Certificate requirement for Key Persons of regulated financial institutions, effective October 2026. This regulatory change strengthens vetting processes and aligns Bermuda with international standards by requiring additional criminal history documentation during approval processes. In-scope insurers must now navigate new compliance obligations for controllers, officers, and other designated Key Persons.
BermudaInsurance
Conyers
Conyers
Article

The Cayman Islands Makes Its Mark At The NAIC 2026 Summer National Meeting

The Cayman Islands has formally applied for Qualified Jurisdiction Status with the NAIC, marking a pivotal moment for its insurance sector. As regulators advance significant changes to risk-based capital requirements for offshore reinsurance and intensify scrutiny of private credit investments, stakeholders face a transforming regulatory landscape that will reshape capital treatment and competitive positioning.
Cayman IslandsInsurance
Conyers
Conyers
Article

Stablecoin Regulation 2026: Key Takeaways From Stablecoin Week And The Clarity Act Vote

The failure of the Digital Asset Market Clarity Act in the US Senate leaves cryptocurrency market participants navigating regulatory uncertainty, while major blockchain networks accelerate infrastructure development to integrate traditional banks onto stablecoin payment rails. Cross-border payments emerge as a dominant use case, with stablecoins offering faster, cheaper international settlements than correspondent banking, though compliance frameworks must evolve to match real-time transaction speeds.
Cayman IslandsFinance and Banking
Conyers
Conyers
Article

Hong Kong’s Uncertificated Securities Market Regime: What Cayman Islands And Bermuda Issuers Need To Know

Hong Kong's uncertificated securities market regime, launching November 2026, eliminates paper share certificates for listed securities, requiring electronic title holding through approved registrar systems. Cayman Islands and Bermuda issuers must transition within five years, necessitating constitutional document amendments and new operational procedures. Companies need to appoint approved securities registrars, plan shareholder approvals, and ensure compliance before their assigned transition dates.
Hong KongCorporate/Commercial Law
Conyers
Conyers
Article

SGX Mainboard & Catalist Public Companies Report L H1 2026

Singapore's capital markets are experiencing a significant transformation driven by the MAS-led Equity Market Development Programme, which has injected S$6.5 billion in liquidity and sparked a revival in IPO activity. With over 20 companies preparing to go public and new cross-border listing infrastructure connecting SGX with Nasdaq, the market is showing signs of meaningful structural reform and growing institutional confidence.
SingaporeFinance and Banking
Conyers
Conyers
Article

BVI Annual Returns: Preparation For Upcoming Deadline – 30 September 2026

BVI companies must file annual returns containing balance sheets and income statements with their registered agents. Companies with a December 31 year-end face a September 30, 2026 deadline, while others must file within nine months of their financial year-end. Conyers offers preparation services starting at $1,500 for simple holding companies and provides secure online filing through their client portal.
British Virgin IslandsCorporate/Commercial Law
Conyers
Conyers