On 20 January 2026, the Bermuda Monetary Authority (“BMA”) appeared at the Bermuda Captive Network’s half-day education summit, speaking on what is required to make a meaningful captive licence application and reminding...more
2/19/2026
/ Bermuda ,
Business Plans ,
Captive Insurance Company ,
Compliance Monitoring ,
Filing Deadlines ,
Filing Requirements ,
Insurance Regulations ,
License Applications ,
Licensing Rules ,
New Guidance ,
Registration Requirement ,
Regulatory Oversight ,
Regulatory Requirements ,
Risk Management
The Beneficial Ownership Amendment Act 2025 came into effect on 30 December 2025, introducing changes to the Beneficial Ownership Act 2025 (the “Act”); these changes are as follows....more
1/15/2026
/ AML/CFT ,
Anti-Money Laundering ,
Beneficial Owner ,
Bermuda ,
Business Entities ,
Compliance Monitoring ,
Disclosure Requirements ,
Guidance Documents ,
New Amendments ,
New Legislation ,
New Regulations ,
Regulatory Oversight ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
Transparency
Carey Olsen is pleased to have recently authored the Bermuda chapter of the Insurance Litigation Chambers Global Practice Guide 2025. The new guide provides the latest legal information on insurance disputes and the laws that...more
12/17/2025
/ Appeals ,
Arbitration ,
Arbitration Agreements ,
Bermuda ,
Choice-of-Law ,
Commercial Litigation ,
Discovery ,
Dispute Resolution ,
Enforcement of Foreign Judgments ,
Insurance Contracts ,
Insurance Litigation ,
Insurance Regulations ,
International Arbitration ,
Jurisdiction ,
Mediation ,
Reinsurance ,
Statute of Limitations
Briefing Summary: The Beneficial Ownership Act 2025 (the “BO Act”) received Royal Assent on 28 September 2025 and is anticipated to come into force on or around 3 November 2025. The BO Act replaces the previous beneficial...more
10/28/2025
/ AML/CFT ,
Beneficial Owner ,
Bermuda ,
Business Entities ,
Disclosure Requirements ,
Filing Requirements ,
New Legislation ,
Regulatory Oversight ,
Regulatory Requirements ,
Reporting Requirements ,
Transparency
Our investment funds team outline the latest developments within the investment funds market in Bermuda, covering the Bermuda Monetary Authority ("BMA") business plan 2025, BMA Consultation Paper - operational resilience and...more
Bermuda is a British Overseas Territory. The modern legal system of Bermuda is established by the Bermuda Constitution Order 1968, an Order in Council of the United Kingdom that established the Supreme Court as the primary...more
12/10/2024
/ Arbitration ,
Bad Faith ,
Bermuda ,
Data Protection ,
Enforcement ,
Foreign Judgments ,
Insurance Acts ,
Insurance Brokers ,
Insurance Claims ,
Insurance Contracts ,
Insurance Litigation ,
Jurisdiction ,
Late Payments ,
Limitation Periods ,
New York Convention ,
Policy Terms ,
Regulatory Agenda ,
Third-Party ,
UNCITRAL ,
Underwriting
This article, the first in a multi-part series on M&A in insurance, considers the change of control regime under the Bermuda Insurance Act 1978 (the “Insurance Act”) as it applies to shareholder controllers of Bermuda...more
Our corporate team outline the latest developments within the corporate and finance market in Bermuda including Bermuda’s Corporate Income Tax Act 2023, Cyber risk management and The Bermuda Monetary Authority's enhancements...more
10/22/2024
/ Annual Regulatory Fees ,
Bermuda ,
Chief Information Security Officer (CISO) ,
Corporate Governance ,
Corporate Taxes ,
Cyber Insurance ,
Cybersecurity ,
Domestic Corporations ,
EIOPA ,
Exclusions ,
Exemptions ,
OECD ,
Regulatory Requirements ,
Risk Assessment ,
Risk Management ,
SBA
Our investment funds team outline the latest developments within the investment funds market in Bermuda, addressing the recent statistics from Q2 2024 published by the Bermuda Monetary Authority (the "BMA") as well as the...more
10/15/2024
/ Audits ,
Bermuda ,
Closed-End Funds ,
Collateral ,
Compliance ,
General-Business ,
Governance Standards ,
Investment Funds ,
Licenses ,
Private Funds ,
Reinsurance ,
Reporting Requirements ,
Securities