Appleby have substantial experience in establishing new entities and successfully leading (re)insurers through the CIMA licensing process as well as assisting with ongoing legal and regulatory obligations, and successfully guiding our clients through complex regulatory investigations initiated by CIMA. Our team includes a former CIMA executive who worked directly with CIMA’s insurance supervision division and another team member who worked in the enforcement division of a European based financial regulator.
We regularly act as Cayman Islands counsel on market leading M&A transactions involving Cayman Islands (re)insurers. We
provide pragmatic and solutions orientated advice on structuring, restructuring and financing (re)insurance vehicles. We are also experts in high value, complex and high-profile (re)insurance disputes, often with an international element.
key areas of (re)insurance expertise
We advise on all aspects of (re)insurance law, regulation and (re)insurance disputes, including, advice in connection with:
- the structuring, formation, licensing, financing and termination of insurers, reinsurers, captives and (re)insurance structures
- multi-jurisdictional corporate mergers, acquisitions, disposals, joint ventures, financings and restructurings in the
(re)insurance space - prudential, conduct of business requirements and compliance issues arising out of CIMA inspections
- CIMA regulatory investigations and enforcement actions
- catastrophe bond issuances including insurance-linked securities
- derivatives