Appleby Bermuda Advises on USD115M One Shield Re Ltd. Catastrophe Bond Issuance

Published: 6 May 2026
Type: Deals

One Alliance North America Insurance Company, a US homeowners and commercial lines specialist underwriter and carrier, has secured USD115 million of multi‑peril reinsurance from the capital markets through its debut One Shield Re Ltd. (Series 2026‑1) catastrophe bond issuance.


Appleby acted as Bermuda counsel, advising on all aspects of Bermuda law.

Appleby Global Corporate Services (Bermuda) Ltd provided corporate administration services and Appleby Global Listing Services (Bermuda) Ltd acted as listing sponsor to the issuer.

The transaction was led by Bermuda Managing Partner Brad Adderley, with support from Senior Associates Aleisha Hollis, Melinda Mayne and Associate Milaun Perott.

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