Bermuda: Chambers Insurance & Reinsurance Guide 2026
The guide provides the latest information on sources of insurance and reinsurance law, overseas-based insurers or reinsurers, making an insurance contract, intermediary involvement, alternative risk transfer (ART) transactions, warranties, conditions precedent, insurance disputes and insurtech.
Seychelles Virtual Asset Regulation: The Reality Check of 2025
The cryptocurrency industry's relationship with Seychelles changed fundamentally in 2025. What began as a relatively straightforward licensing regime has evolved into something far more demanding, and firms that haven't kept pace with this evolution are now facing difficult conversations with the Financial Services Authority (FSA)
Fund Finance Laws and Regulations 2026 – Guernsey
The Appleby Guernsey team provides comprehensive insight into legal trends and developments in the fund finance market.
Fund Finance Laws and Regulations 2026 – Bermuda
The Bermuda fund industry sees investment predominantly from North America and Europe, and therefore trends in the Bermuda fund finance market track the major onshore markets. Although there is no overall data reporting service for the local fund finance market, anecdotal reports from many of the major facility lenders, as well as Appleby practitioners, anticipate that there will continue to be a high demand for capital call or subscription line facilities. That is not to say, of course, that other structures such as NAV facilities will not be utilised.
Extracting capital from a Bermuda company
It is widely accepted that one of the main purposes of a business is to create value for its shareholders, who contribute significant capital into entities, hoping that value will be returned to them.
Maritime Due Diligence: Mauritius at crossroads
The year 2025 has witnessed a wave of revocations of Authorised Companies’ Licenses – more than 25 - by the Financial Services Commission (FSC) in Mauritius, pursuant to section 74(5) of the Financial Services Act.
Listing high yield bonds on The International Stock Exchange (TISE)
An insight into listing high yield bonds on The International Stock Exchange (TISE).
Bermuda Prohibits Bearer Shares and Nominee Directors
On 21 November 2025, Bermuda passed the Companies (Prohibition of Bearer Shares and Nominee Directors) Amendment Act 2025 (Act). The Act, which came into full force on 10 December 2025, amends both the Companies Act 1981 (Companies Act) and Limited Liability Company Act 2016 (Limited Liability Company Act) in respect of bearer shares, nominee directors, alternate directors and beneficial ownership record keeping for companies and limited liability companies (LLCs) discontinuing to another jurisdiction.
As the Jersey Financial Services Commission consults on its revision to guidance for the proceeds of crime law, our Appleby experts explain what this means
Cat Bond Issuance Well-Placed to Reach $20bn Again In ‘26, Fueled by Momentum & Proven Success
Annual catastrophe bond issuance hit record heights for the third consecutive year in 2025, and as Brad Adderley, Managing Partner at law firm Appleby’s Bermuda office highlights, given the significant activity and momentum observed in the market, it would not be unexpected for the market to achieve $20 billion once more in 2026
Collateralised insurers benefit from flexible forms of capital
Bermuda’s well established corporate regulatory regime offers a variety of corporate vehicles that can be used to support insurance-linked securities.
