Alexandra Macdonald is a Director in the Corporate Department of Conyers Dill & Pearman Limited in Bermuda. Alexandra’s practice includes all aspects of corporate and commercial law in Bermuda, with a focus on insurance and investment fund law and regulation.
Alexandra specialises in incorporating and licensing insurers and reinsurers, including captives, special purpose insurers, sidecars and segregated account companies and in the creation and offering of cat bonds. She has advised on the formation, licensing and listing on the Bermuda Stock Exchange of numerous cat bond special purpose insurance vehicles. Alexandra also has expertise in establishing investment funds, including hedge funds, private equity vehicles, closed ended funds, and master and feeder structures.
She has an active general corporate practice, including advising on the Bermuda law and regulatory aspects of acquisitions, continuations, amalgamations and reorganisations for both local and exempted companies.
What a year it has been since our last Insurance Bulletin in March 2020. Although the full impact of Covid-19 on the re/insurance industry remains unclear, the need to retain capital to meet potential losses has contributed to a general hardening of the market after 15 years of soft market conditions characterised by excess capacity, low prices and more relaxed policy terms.