Insurance and Reinsurance 2026

BERMUDA Law and Practice Contributed by: Brad Adderley, Matthew Carr, Max Tetlow, Cathryn Minors, Josephine Noddings, Aleisha Hollis, Melinda Mayne, Milaun Perott and Mya Gibbons, Appleby

Appleby is among the world’s leading international law firms. Its global teams of legal specialists advise public and private companies, financial institutions and private individuals. It is a full-service law firm providing comprehensive, expert advice and ser- vices across corporate, dispute resolution, property, regulatory, and private client and trusts practice ar- eas. The firm works with clients to achieve practical solutions, whether from a single location or across

multiple jurisdictions. Appleby has offices in 11 highly regarded, well-regulated global locations, operating in nine of them and practising the laws of eight ju- risdictions. Its office locations include the key inter- national jurisdictions of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, the Isle of Man, Jersey, Mauritius and the Seychelles, as well as the international financial centres of Hong Kong and Shanghai.

Authors

Brad Adderley is the managing partner of Appleby’s Bermuda office. He is also head of the Bermuda group’s corporate department and the

Max Tetlow is a partner in Appleby’s corporate department in Bermuda. Max advises on corporate, commercial, financing and regulatory matters with particular expertise in (re) insurance company/intermediary and

insurance and reinsurance global sector leader. Brad has been a member of the insurance team for over 25 years and has extensive experience in all insurance and reinsurance matters. He has advised, structured, incorporated and registered numerous commercial life companies. He also advises clients on a wide range of transactions including sidecars, catastrophe bonds, special-purpose insurers and other fully collateralised structures, insurance-linked securities and alternative collateralised reinsurance investment transactions.

investment fund transactions. His practice includes corporate structuring and governance, equity and debt issuances (including regulatory capital), joint ventures, listings, mergers and acquisitions, investments and exits, shareholder arrangements, restructuring, regulatory compliance and licensing advice.

Cathryn Minors is counsel in the corporate department of Appleby’s Bermuda office. Cathryn has a wide range of experience in corporate and commercial matters, having worked in the Bermuda market for over a

Matthew Carr is a partner within the corporate department of Appleby’s Bermuda office. He joined the firm in 2010 as a trainee with the funds and investment services team and gained further experience with the private

decade advising on insurance and reinsurance matters involving life insurance securitisations, catastrophe bonds, special-purpose insurers and long-term and general business commercial re/ insurers. Cathryn also has extensive finance experience, having worked on securitisations and general banking matters. Cathryn’s experience also includes working as legal counsel for a Bermuda- based life re/insurer.

client and trusts team, dispute resolution team and insurance team. He was called to the Bermuda Bar in 2011 and has been a member of the corporate practice group’s insurance team since 2012. Matthew has experience in a wide array of insurance and reinsurance matters involving captives, catastrophe bonds, special-purpose insurers and long-term and general business commercial (re) insurers. He also provides structural and regulatory advice for new and existing (re)insurers.

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