Bermuda is a British Overseas Territory. The modern legal system of Bermuda is established by the Bermuda Constitution Order 1968, an Order in Council of the United Kingdom that established the Supreme Court as the primary...more
12/10/2024
/ Arbitration ,
Bad Faith ,
Bermuda ,
Data Protection ,
Enforcement ,
Foreign Judgments ,
Insurance Acts ,
Insurance Brokers ,
Insurance Claims ,
Insurance Contracts ,
Insurance Litigation ,
Jurisdiction ,
Late Payments ,
Limitation Periods ,
New York Convention ,
Policy Terms ,
Regulatory Agenda ,
Third-Party ,
UNCITRAL ,
Underwriting
This article, the first in a multi-part series on M&A in insurance, considers the change of control regime under the Bermuda Insurance Act 1978 (the “Insurance Act”) as it applies to shareholder controllers of Bermuda...more
Our corporate team outline the latest developments within the corporate and finance market in Bermuda including Bermuda’s Corporate Income Tax Act 2023, Cyber risk management and The Bermuda Monetary Authority's enhancements...more
10/22/2024
/ Annual Regulatory Fees ,
Bermuda ,
Chief Information Security Officer (CISO) ,
Corporate Governance ,
Corporate Taxes ,
Cyber Insurance ,
Cybersecurity ,
Domestic Corporations ,
EIOPA ,
Exclusions ,
Exemptions ,
OECD ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
SBA
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 well as the...more
10/15/2024
/ Audits ,
Bermuda ,
Closed-End Funds ,
Collateral ,
Compliance ,
General-Business ,
Governance Standards ,
Investment Funds ,
Licenses ,
Private Funds ,
Reinsurance ,
Reporting Requirements ,
Securities