16 January 2018ILS

Appleby highlights ILS involvement

Legal company Appleby has announced that it played a part in the majority of transactions involving insurance-linked securities (ILS) during 2017.

The company pointed out that according to figures published by the Bermuda Stock Exchange (BSX) and the Artemis Deal Directory & Dashboard, 62 new transactions resulted in a record amount of catastrophe bonds being issued in 2017 ($12.56 billion), with ILS listings on the BSX also reaching a high of almost $26 billion.

Of these transactions Appleby was involved in more than two-thirds of the Bermuda-based deals and the majority of all the deals globally. It added that these transactions were some of the highest value and innovative catastrophe bonds issued during 2017, including new and repeat issuers as well as collateralised reinsurance structures.




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22 June 2023   ILS are on pace for a record year as the hard market combines with the increasing sophistication of sponsors and investors, Appleby’s Brad Adderley tells Bermuda:Re+ILS, but other specialty lines are thriving as well.
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More on this story

ILS
22 June 2023   ILS are on pace for a record year as the hard market combines with the increasing sophistication of sponsors and investors, Appleby’s Brad Adderley tells Bermuda:Re+ILS, but other specialty lines are thriving as well.
article
21 November 2022   The Island may be a drop in the ocean to global life re/insurers, but the established talent, diverse expertise and a responsive regulator make this jurisdiction uniquely attractive to those who take a long-term view.
article
27 July 2022   The new Global Advocacy Committee will promote Bermuda’s life insurance sector internationally.