Jan 2023
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.