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Today we announced the launch of our in-depth report, 'Rewriting the risk: Addressing the challenges of climate change', which finds that the underwriting practices of (re)insurers are a major catalyst for change among businesses in the ongoing climate crisis.
Our latest global report finds that the insurance industry has a central role in building wider understanding about climate-related risks and in mitigating against those risks.
The decision of the Supreme Court of Bermuda in Re Ping An Securities Group (Holdings) Limited is a useful reminder of the facts that the jurisdiction to appoint liquidators following first meetings is discretionary and that creditor autonomy in the matter of appointments is not unlimited.
We are delighted to once again be attending MIPIM, the internationally-renowned property conference taking place from 15 - 18 March 2022 in Cannes, France. The global property showcase is returning this year for the first time since 2019.
In December 2021, the Bermuda Monetary Authority (BMA) published a number of consultation papers and stakeholder letters with proposals to refine and improve elements of the regulatory regime for insurers.
Case review 26/11/2021
On 12 November 2021, the Bermuda Supreme Court issued its written judgment in NKWE Platinum Limited v. Glendina PTY et al.  SC (Bda) 86 Com.
The convergence, announced in July 2021, on a “consensus-based solution” on base erosion and profit shifting by members of the OECD/G20 Inclusive Framework will have escaped the attention of few people active in the global insurance industry.
Kennedys has appointed partner Tobin Ashby to its growing corporate insurance, financial regulation and products practice as part of a strategic drive to expand its non-contentious services to the insurance sector.
Recent insurer registrations reported by the Bermuda Monetary Authority (BMA) show that Bermuda continues to deliver on its established reputation for finding innovative solutions for capacity shortages.
In November 2019, Bermuda enacted the Incorporated Segregated Accounts Companies Act 2019, a testament to the jurisdiction’s commitment to providing pragmatic solutions to address industry’s evolving needs.