Charles G R Collis

Practice Areas

Capital Markets

Corporate

Finance

Insurance & Reinsurance

Mergers & Acquisitions

Securitization & Structured Finance

Career

Charles Collis is a Director in the Corporate department in the Bermuda office of Conyers Dill & Pearman and is Head of the Bermuda Corporate Practice. Charles joined Conyers in 1990 and became a partner in 1998.

Charles specialises in insurance and reinsurance, advising on corporate and regulatory matters. Charles has advised on the establishment of numerous captive insurance companies, as well as commercial reinsurance companies. The convergence of the insurance markets and capital markets has led Charles to specialise in insurance linked securities. He has conducted a significant number of insurance securitisations and transformation transactions using special purpose vehicles, traditional reinsurance companies and segregated account companies.

Charles does a broad range of corporate and regulatory work for insurance and reinsurance companies. For over thirty years he has advised insurance clients on their incorporation and licensing, capital raising, regulatory requirements, IPO’s and merger and acquisition activity. Charles has been at the forefront of legislative enhancements in Bermuda throughout his career. He structured and drafted many of the Segregated Account Private Acts used in the early years of Segregated Accounts. He also developed and drafted numerous amendments to the Insurance Act including amendments enabling life insurers to write funding agreements and creating the Special Purpose Insurer which is the vehicle that has allowed the Insurance Linked Security industry to flourish in Bermuda.

Charles is ranked Band 1 by Chambers – Insurance – Bermuda.

Publications

Insurance Bulletin Spring 2021

Corporate Digest: Notable Deals and Transactions – Winter 2020

Corporate Digest: Notable Deals and Transactions - Autumn 2019

Corporate Digest: Notable Deals and Transactions - Spring 2019

Work Highlights

Acted for Conduit Holdings Limited on its IPO on the London Stock Exchange and the establishment of its Class 4 reinsurance subsidiary Conduit Re

Advised the Carlyle Group on its acquisition of a majority stake in Fortitude Group Holdings, which holds the Bermuda registered Class 4 and Class E insurer, Fortitude Reinsurance Company Ltd. (“Fortitude Re”) from AI

Advised FloodSmart Re Ltd, the first catastrophe bond sponsored by the US Federal Emergency Management Agency (FEMA) to provide reinsurance protection to the National Flood Insurance Program.

Advised Apollo Global Management LLC, New York Stock Exchange listed investment firm, on its acquisition of Aspen Insurance Holdings.

Advised Athene Holdings Ltd on its US$1.1 billion IPO on the New York Stock Exchange

Awards