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Indemnity clauses represent a contractual transfer of risk between parties to a transaction, the purpose of which is to prevent loss to one of the parties or to compensate that party for losses...

Bermuda has seen a steady increase in new captives being formed as well as new structures, risks and geographies being covered.

Transformative IT projects are not for the faint of heart, as they carry with them high probabilities of cost overruns, material delays and unacceptable service deficiencies.

Bermuda's regulatory regime for trust business has recently been enhanced. A framework for the supervision of relevant private trust companies has been introduced and this month new filing

The first half of 2016 has been a significant period for the Bermuda insurance sector.

Group captive insurers offer organisations a collaborative approach to risk financing by pooling capital, diversifying risk, and leveraging collective purchasing power.

The Bermuda Monetary Authority ("BMA") released a consultation paper, Operational Resilience and Outsourcing Code ("CP") on 14 January 2025, which outlines standards that the BMA has designed to bolster the financial service sector's ability to pre-empt, adapt, manage, recover from, and learn from operational disruptions.

In part one of this two-part series about artificial intelligence contracts, I discussed the ways that contracts can mitigate, if not avoid, many of the risks associated with the development and use...

The recent Bermuda decision of "Stiftung Salle Modulable v. Butterfield Trust" contains important points relevant to the question of litigation funding, as well as to practitioners of private international law and trusts.

Bermuda is a popular domicile for limited purpose insurers, being insurance companies established for purposes of self-insurance, as well special purpose...

The company should also acknowledge and address the concerns of any counterparty with respect to any costs associated with a failed transaction.

Bermuda now has an effectively bifurcated regulatory regime for (re)insurance in the run-up to Solvency II, writes Michael Frith.

Simplified Due Diligence (SDD) and Reduced Due Diligence (RDD) are critical features of a modern, risk-based anti-money laundering framework. They offer regulated financial institutions...

In HSBC v Vigilante et al [2024] SC (Bda) 74, the Supreme Court of Bermuda struck out proceedings for delay, in what appears to be the first reported (or otherwise electronically available) civil case in Bermuda struck out because of the contumelious conduct of the claiming party.

In a recent Supreme Court decision the Chief Justice has made an important ruling with potentially wide implications.

Bermuda is a sophisticated, innovative and well-regulated jurisdiction for insurance.

We are pleased to present Conyers' 2018 Norway Practice Bulletin. This annual publication underscores the importance of the Norwegian market to our Bermuda corporate practice.