Insurance

About

Provided by Conyers

Conyers is globally recognised by the top onshore firms as an Insurance leader.

In Bermuda, we are a market leader in the insurance & reinsurance sector, advising approximately half of all Class 4 and Class E companies (the largest of the commercial insurers), as well as a substantial majority of all other classes of insurers, including captive and special purpose insurers.

We regularly advise on the structuring and licensing of general insurance companies, long-term insurance companies, special purpose insurers and composite companies. Our lawyers are commercially focused and are experts in all aspects of insurance, reinsurance, captives, alternative risk transfer, catastrophe bonds and other insurance-linked securities. We have contributed to drafting the legislation and regulations in each of our jurisdictions, which has greatly impacted the client experience in the sector as a whole and demonstrates Conyers’ exceptional level of knowledge, expertise and value-added services.

Our lawyers are at the forefront of Bermuda’s Insurance-Linked Securities sector. In 2019, the ILS market in Bermuda reached US$34.72 billion. Continued growth in this area is fueled by the increasing global importance of ILS, both as a risk management tool and as a diversified asset class for investors.