Conyers acted as special Bermuda counsel, advising on the establishment and licensing of Outrigger Re Ltd. as a special purpose insurer. The transaction included the issuance of preference shares to investors in the total amount of US$250,000,000.

Conyers’ role included assisting with the preparation of documents, registering the company with the Bermuda Monetary Authority as a special purpose insurer, registering the company with the Registrar of Companies as a segregated accounts company, and providing Bermuda law advice to the company up to closing.

Director Jacqueline King and Associates William Cooper and Davina Hargun advised on this matter.

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