Synopsis: This memorandum summarises a number of the key changes which have been made to the
Insurance Act 1978 (the “Act”) as a result of the enactment of the Insurance Amendment (No. 2)
Act 2010 (the “2010 Amendment Act”).
Available: Memorandum on Insurance Amendment Act 2010
What the team is known for Highly rated corporate group renowned for its proficiency in transactions related to insurance and reinsurance. Ably represents multinational investment funds, insurance corporations and clients in the financial services sector. Enjoys longstanding recognition for its
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,
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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