Chaucer will operate as a Class 4 re/insurer in Bermuda, writing a range of US property, casualty and specialty reinsurance business. The launch of a new reinsurance branch in Bermuda will provide US clients with greater access to its specialty underwriting expertise and capacity.

“Bermuda is a key market and we are excited to be here,” said John Fowle, Chief Executive Officer of Chaucer. “This move builds on our existing infrastructure as we aim to provide brokers and clients with smart underwriting solutions.”

Partner Brad Adderley led this transaction with assistance from Associates John Small and Jason Green.

Appleby’s specialist Insurance & Reinsurance team provides advice on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as advising (re)insurance managers and brokers based in international jurisdictions.

They specialise in advising on the establishment, regulatory compliance and business operations of (re)insurance companies, as well as (re)insurance managers and brokers based in international jurisdictions. They advise private and listed companies, including major New York and London finance houses, as well as FTSE 100 and Fortune 500 household names.

Share
Twitter LinkedIn Email Save as PDF
More Deals
17 Nov 2020 | Deals

Appleby acted as Bermuda counsel for Ascendant Group Limited

Appleby acted as Bermuda counsel for Ascendant Group Limited ("Ascendant") in the acquisition of Asc...

3 Nov 2020 | Deals

Appleby Bermuda advised Argo Group in the sale of Ariel Re

Our Bermuda team advised Argo Group International Holdings, Ltd., an underwriter of specialty insura...

3 Nov 2020 | Deals

Appleby Bermuda advised Integral ILS Ltd. in connection with a significant cornerstone investment

Appleby advised Integral ILS Ltd., an independent alternative fund manager focused on insurance-link...

1 Oct 2020 | Deals

Appleby advised Bittrex Global on acquiring their Digital Asset Business License to operate their cryptocurrency exchange from Bermuda

Appleby acted as Bittrex Global GmbH’s Bermuda counsel, on their application for a Class F Digital...

24 Sep 2020 | Deals

Appleby acted as Bermuda counsel for the Hashdex Nasdaq Crypto Index ETF

The world's first exchange-traded fund designed to track digital assets investments has been approve...

28 Jul 2020 | Deals

Appleby Bermuda advised PGGM in relation to an investment into Swiss Re’s sidecar vehicle, Viaduct Re Ltd.

Appleby acted as Bermuda counsel to PGGM Vermogensbeheer B.V., a cooperative Dutch pension fund serv...

Contributors: Josephine Noddings
11 Jun 2020 | Deals

Appleby Bermuda advised Normandy Limited in respect of its merger with Caribbean Investment Holdings Limited

Appleby Bermuda advised Normandy Limited in respect of its merger with Caribbean Investment Holdings...

Contributors: Jamie Rego
14 Apr 2020 | Deals

Appleby Bermuda advised Global Atlantic in their launch of Ivy, a USD1 billion reinsurance co-investment vehicle

Appleby acted as Bermuda counsel to Global Atlantic Financial Group Limited (Global Atlantic), a lea...

9 Apr 2020 | Deals

Appleby Bermuda advised Relm in the launch of its operation to offer insurance cover for cryptocurrency and cannabis businesses

Appleby advised Relm, the innovative insurer of emerging business categories, which is owned by Delt...

7 Apr 2020 | Deals

Appleby Bermuda assists Credit Suisse with USD461 million Operational Re cat bond coverage

Appleby has assisted with a third catastrophe bond issuance offering Credit Suisse protection for it...

Contributors: Matthew Carr