Appleby’s role included obtaining a license from the Minister of Finance for AkinovA (Bermuda) Ltd to carry on business in Bermuda, advice relating to a corporate cross-border restructuring and regulatory advice and filings in relation to an Insurance Act 1978 sandbox application and obtaining an insurance license for the company to do business in accordance with the same legislation.
Partner Brad Adderley led the transaction with assistance from Partner Matthew Ebbs-Brewer, Counsel Matthew Carr and Associate Alexis Haynes.
Appleby Bermuda acted for UK’s largest special motor insurer
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The notes issuance is the fifth senior notes issuance by the Company since 2013.
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