432 results found

Frederica Evans, Client Director for Ocorian Trust Services, discusses all things Bermuda master trusts and sub-trusts from what they are to how they work...

The support which legal services provide for international business and finance is crucial to the successful development of any jurisdiction. The legal profession in Bermuda assists...

Sherman Taylor, Client Director identifies the key elements required to establish an effective captive.

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.

On the back of a robust opening quarter, catastrophe bond issuance remained strong in the secondquarter of 2022, and with interest from new sponsors with novel transactions...

The Bermuda Monetary Authority (BMA) has issued an updated notice regarding the Prior Approval of New Long-Term Block Reinsurance Transactions which expands upon the 2024 guidance...

The hardening of the insurance markets may have reduced the appetite for certain emerging risks but the increasing prevalence of so-called digital assets, including cryptocurrencies and initial coin offerings, ...

Brad Adderley is a partner in the corporate department of Appleby's Bermuda office and has been a member of the insurance team for 20 years

This article will attempt to address the background and basics of Solvency II equivalence: how it came about, how it relates to Bermuda, and why it is good for Bermuda in the overall context of insurance regulation.

There is no denying that technological developments are continually changing the way we live.

The perception that the world's leading offshore financial centres are harmful "tax havens" that facilitate the avoidance of tax in onshore jurisdictions has led to intense pressure for OFCs to adopt onshore-led transparency ...

Insurance-linked securities could be an alternative to traditional reinsurance, and Bermuda is the place to explore the possibilities, says Brad Adderley of Appleby.

For policies issued in the Bermuda market, (re)insureds and (re)insurers typically agree a fairly standardised "Bermuda style' arbitration and governing law clause which requires disputes...

The link between terrorism and the erosion of privity of contract in Bermuda is not immediately discernible.

Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA").

As a service to our clients, Conyers Dill & Pearman has prepared this Insurance Act 1978 Compendium.

In Q3 2015, we saw continuation of the strong industry trends that the Bermuda insurance market has been driving in recent years.