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In what proved to be a late Christmas present for the board of International Investments Enterprises Ltd (IIEL), Harneys Bermuda successfully invoked the now seldom relied upon quia timet, "because he fears" jurisdiction of the Supreme Court of Bermuda.

Bermuda's mature, sophisticated regulatory environment has aided its development into a world-leading hub for reinsurance and insurance-linked securities (ILS) business...

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

With defaults and insolvencies on the rise due to difficult trading conditions caused by, amongst other things, the global pandemic, lenders and secured parties (a "Secured Party")...

There are different types of instruments on the BSX that include 145 listed Insurance Linked Securities (ILS) vehicles in Bermuda with an aggregate value of 18.3 billion USD.

In financing transactions, it is common for companies of a borrowing group to provide some sort of security.

It is a fundamental principle of Bermuda company law that the share capital of a company should be maintained.

A Bermuda company (including a limited liability company) may be registered as a segregated accounts company (a "SAC") under the Segregated Accounts Companies Act 2000...

Insurance-linked securities (ILS) are instruments by which insurance risk is transferred to capital markets.

Until 2018, ABS transactions in the aviation sector followed a largely similar structure.

A company wishing to launch an ICO can incorporate within the typical timeframe of 24 to 48 hours using Bermuda's usual incorporation procedures.

When a person who owns shares in a Bermuda company dies, the person's shares must be transferred into the name of his or her beneficiary. This is true whether the shares are in a local company, or in an exempted company.

Following execution of the security document(s), the secured party will want to ensure that particulars of the security are filed with the Registrar of Companies in Bermuda (the "Registrar").

The Grand Court of the Cayman Islands in Fortunate Drift Limited v Canterbury Securities, Ltd (FSD 227 of 2018) has provided helpful guidance...

The purpose of this Memo is to generally set out the requirements of Bermuda's ICO legislation as at the date hereof and does not speak to any future date.

The appetite for mergers and acquisitions, both in the (re)insurance and capital markets spaces, continues to grow with little sign that the pace will let up any time soon.

On 9 April 2026, the BMA released a consultation paper ('Consultation Paper'), which builds on the Stakeholder Letter issued on 30 March 2026, and provides additional context and information regarding...