Bermuda’s Life Marketplace Supports Growing Demands Stemming From Aging Populations
Bermuda’s robust long-term re/insurance sector is well-positioned to support demands for life and annuity products, which form a fundamental part of policyholders’ retirement and financial planning. This discussion hosted by BILTIR at the offices of Hannover Re (Bermuda) examines the current landscape of Bermuda’s life marketplace.
Probation Periods – Recent Tribunal Decision
We have published a number of articles in the last few years concerning probation periods in employment contracts, including one in June 2021 discussing changes to the Employment Act 2000 that impacted employer obligations concerning probation periods.
Q3 2022 Catastrophe Bond & ILS Market Report
Unlike previous hard market cycles, some insurance linked securities (ILS) managers eager to deploy more capacity are struggling to raise capital, and with startups reportedly more challenging to launch, Brad Adderley questions if we’re finally approaching a true hard market.
Against a backdrop of rising loss costs and inflation, many reinsurers remain cautious. This discussion hosted by AXA XL examined the dynamics around rates, the role of startups and alternative capital and how the renewals might play out.
Bouncing Back: ILS Demonstrates Resilience
Bermuda remains the world-leader in ILS and as the sector becomes ever-more entwined with other forms of risk transfer, the Island continues to innovate. That was just one takeaway from a roundtable discussion of experts hosted by EY Bermuda.
The fork in the privatization road
With the likelihood of recession and an increase in interest rates facing some economies and ongoing geo-political tensions, it’s a fascinating time for share markets and companies, especially for those companies considering going private.
Resealing Hong Kong Grants of Probate in the BVI
Once resealed, grants obtained in Hong Kong shall have the same force and effect, and have the same operation in the BVI, as if it were granted by the BVI Court.
Can We Eventually Agree on Whether and How to Take Security over Digital Assets?
Innovative technology in China has made a spurt of progress in recent years.
While the basic features of the trust remain, there are some notable differences in how trusts can be structured in these jurisdictions.
Updates on Bermuda Economic Substance Requirements
The Bermuda Registrar of Companies (ROC) extended the filing deadline for those entities which earned no gross revenue during the relevant financial period ending 31 December 2021 to 30 September 2022. All filings are required to be done via the Economic Substance Portal.