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Bio

Amber Farrington is an Associate in the Corporate department of Appleby’s Bermuda office.

Amber joined Appleby as a trainee in the Corporate department in September 2019, where she gained experience with the funds and insurance teams. She was called to the Bermuda Bar in November 2020.

Amber has developed a broad practice within the Corporate department. Amber currently works with the insurance team and assists with, amongst other things, catastrophe bonds, insurer registration applications, reinsurance investment transactions and the provision of insurance-specific regulatory advice.

Work Highlights

  • AFRICAN RISK CAPACITY LTD, Appleby Bermuda advised ARC Ltd, a long-standing client, on its first parametric insurance product against high-impact epidemic risks;
  • SWISS RE, Appleby Bermuda advised Swiss Re in its USD1.15bn innovative transaction combining bank financing and insurance-linked securities, a first of its kind deal set to provide Swiss Re with multi-year reinsurance and retrocessional protection;
  • MATTERHORN RE LTD., Appleby acted as counsel to Matterhorn Re Ltd. on five catastrophe bonds in 2020, under the sponsorship of Swiss Re. Such represents Swiss Re’s exciting return to the catastrophe bond market in 2020 following the successful launch of its 2019-1 catastrophe bond, also through Matterhorn Re Ltd;
  • BONANZA RE LTD., Appleby acted as counsel to Matterhorn Re Ltd. on two catastrophe bonds in 2020, under the sponsorship of Willis Towers Watson;
  • BITTREX GLOBAL, Advised Bittrex Global on their successful application for a Class F Digital Asset Business License which represents the third such license issued by the Bermuda Monetary Authority;
  • SIERRA LTD., Appleby advised Sierra Ltd., the vehicle used by Bayview Asset Management, LLN, in its first ever ILS transaction. The novel transaction saw a non-insurance derivative structure adopted under which US earthquake risk coverage is provided under a risk transfer agreement.

Recognition

Amber was recognised in Bermuda:Re+ILS as a ‘Rising Star’ for 2022, which features highly regarded professionals in Bermuda under the age of 35.

Coverage & Insights

Qualifications & Education

Amber read law at the University of Bristol, UK, and then completed her Legal Practice Course (LLB) with the University of Law. Prior to commencing legal studies, Amber obtained a Bachelor of Arts in Political Science from McGill University.

  • McGill University BA (Montreal, Canada)
  • University of Bristol LLB (Bristol, UK)
  • University of Law LPC (London, UK via Bermuda)

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