Insurance

We advise on general insurance and reinsurance in an offshore context and have seen an increasing requirement for advice on insurance of longevity risk in pension schemes. With years of experience in advising on protected and incorporated cell companies, Carey Olsen is the legal adviser of choice on complex risk transfer structures including transformer vehicles.

A number of our lawyers previously worked in the insurance and reinsurance departments of other international law firms and sit on the boards of locally-licensed insurance companies. This brings a practical, commercial dimension to the team’s experience and advice.

We have an incredibly strong track record in advising major international clients on high-value insurance instructions, including Aviva, BT Pension Scheme and Teachers Provident Society Ltd, Nomura, Randall & Quilter and XL Group. Clients come to us because of our extensive experience, industry know-how and proven track record in our domestic markets of Bermuda, the British Virgin Islands, Cayman Islands, Guernsey and Jersey.

Additional services:

• Acquisitions
• Amalgamations
• Long-term Insurance Business Transfers
• Migrations
• Portfolio Transfers
• Regulation
• Securitisations
• Transformers