Insurance Regulation

  • Bermuda – Insurance Act 1978, s. 31C – whether requirements of statute mandatory – whether dividend payment illegal 

– Belvedere Insurance Company (In Liquidation) v. Caliban Holdings Limited [2001] Bda LR 2
  • Golden Accumulator Ltd and others v Bermuda Monetary Authority [2004] Bda LR 67 – powers of BMA – disclosure to regulatory authority – right to confidentiality

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Chambers – Insurance (ASW Ranked Band 2, Neil Horner Ranked Band 1)

What the team is known for Acclaimed Bermudian practice offering strength in both contentious and non-contentious insurance mandates. Noted for its experienced handling of significant multi-jurisdictional M&A transactions. Provides high-end advice to an array of international and domestic insurance companies,

Amendments to the Bermuda Companies (Winding-up) Rules

On 13 November 2020, the Companies (Winding-Up) Amendment Rules 2020 (the “Amendment Rules”) came into effect and are the first substantive update to the Companies (Winding-Up) Rules 1982 (the “1982 Rules”). The Amendment Rules were developed by the executive committee

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