The operating provisions of the corporate income tax regime for Bermuda legislation will be effective for fiscal years beginning on or after 1 January 2025. This will apply to "Bermuda Constituent Entities" of an "In Scope...more
Catastrophe bonds using industry-loss triggers have become increasingly popular among ILS investors and cedant sponsors.
Industry loss catastrophe bonds pose less adverse selection risk from the point of view of...more
9/3/2024
/ Bermuda ,
Business Losses ,
Catastrophe Bonds ,
Indemnity ,
Insurance Industry ,
Investors ,
Money Market Funds ,
Natural Disasters ,
Net Operating Losses ,
Risk Assessment ,
Underwriting
Read the full advisory All authorised and registered Bermuda investments funds having a financial year end at December 31 should be finalising their annual filings with the Bermuda Monetary Authority, which are due by June...more
Further to the Bermuda Monetary Authority's ("BMA") consultations with respect to proposed enhancements to the regulatory regime for commercial insurers and insurance groups, the following legislation will become operative on...more
2023 was a fairly gloomy year for global M&A activity and the insurance sector did not emerge unscathed, recording its lowest deals count since 20201. The good news, however, is that insurance M&A activity appears poised for...more
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 (as amended) (the "SAC Act") to enable it to establish...more
Our global investment funds teams work closely with the leading managers, instructing counsel and service providers around the world, giving us a unique perspective and insight into the trends and forces shaping financial...more
2/8/2023
/ Asia ,
Bermuda ,
BVI Business Companies ,
Cayman Islands ,
Cryptoassets ,
Cryptocurrency ,
Digital Assets ,
Environmental Social & Governance (ESG) ,
Infrastructure ,
Private Equity ,
SFDR ,
UK
Bermuda has established itself as a leading market for insurtech, representing a convergence of the well-established reinsurance market with the burgeoning fintech market.
A number of Bermuda reinsurance companies already...more
As part of our five year anniversary celebrations of our law firm opening in Bermuda, we put together the original version of this summary report highlighting the latest developments and trends in the Bermuda legal and...more
7/28/2022
/ Anti-Money Laundering ,
Bermuda ,
Cybersecurity ,
Digital Assets ,
Economic and Financial Affairs Council (ECOFIN) ,
EU ,
FinTech ,
Foreign Entities ,
Hong Kong ,
Initial Public Offering (IPO) ,
Insurance Industry ,
Insurtech ,
Investment ,
Jurisdiction ,
Reinsurance ,
Reporting Requirements ,
Restructuring ,
Stock Exchange ,
Trusts