Symetra Completes Reinsurance Transaction with Resolution Re

Cox Hallett Wilkinson Limited (“CHW”) advised Symetra Life Insurance Company on Bermuda law matters relating to a reinsurance arrangement that transfers financial responsibility for all of Symetra’s structured settlement annuity contracts and a smaller block of income annuities to Resolution Re. Ltd., a Class E life insurer established and licensed in Bermuda. The reinsured block had $5.7 billion in total statutory reserves at Dec. 31, 2017.

The CHW team was led by Ernest Morrison and included Janice Gutteridge and Katie (Davidge) Martin

12 September 2018

Bermuda Enacts Innovative Legislation

08-06-2022 News

This article was originally published in the IFC Review on 8 June 2022 (IFC Review) Bermuda Enacts Innovative Legislation Bermuda is a leading jurisdiction for numerous international business sectors and is recognised...

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Bermuda Enacts Innovative Legislation

09-06-2021 News

  Bermuda Enacts Innovative Legislation Bermuda is a leading jurisdiction for numerous international business sectors and is recognised for its adherence to international standards and regulatory framework. Bermuda continues to be a...

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Bermuda’s Beneficial Ownership Registe…

13-07-2020 News

Bermuda’s Beneficial Ownership Register to be made Accessible to the Public in 2022 The Government of Bermuda has announced that it will pass legislation making the companies central register of beneficial...

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COVID-19 Update

17-03-2020 News

Notice regarding COVID-19 In light of the uncertainty that we all face as individuals and as a business with the outbreak of COVID-19 (Coronavirus), Cox Hallett Wilkinson Limited and its affiliates...

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Bermuda's EU white list status confirmed

19-02-2020 News

Bermuda's EU white list status confirmed   The Economic and Financial Affairs Council (ECOFIN) has confirmed Bermuda's status on the European Union's white list of fully cooperative tax jurisdictions following a meeting...

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A New Year – taking the time to review…

03-02-2020 News

A New Year: taking the time to review your Estate Plan now will pay off in the future   Now is a particularly good time to review your estate planning. This is...

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Are you thinking digitally? Dealing with…

13-01-2020 News

Are you thinking digitally? Dealing with your digital assets By: Anne Campbell With virtually every aspect of life becoming captured and stored in some digital form, the protection of digital assets...

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Trustee Discretion: How wide is it?

13-01-2020 News

Trustee Discretion: How wide is it   The Bermuda Supreme Court case of In the matter of the R Trust (2019) SC 36 has been described in other commentary as one of...

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UPDATE ON TRUSTEES AND TRUST BUSINESS

08-01-2020 News

UPDATE ON TRUSTEES AND TRUST BUSINESS   As a service to clients and to assist present and future trustees of Bermuda trusts and for those considering appointing Bermuda trustees to new or...

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Bermuda's Economic Substance regime amen…

03-01-2020 News

  Update on Bermuda’s Economic Substance Legislation Bermuda's Economic Substance regime amended with the aim of regularising the Bermuda regime with other offshore jurisdictions. January 2020   We are pleased to report recent developments...

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Bermuda appoints the first Privacy Commi…

17-12-2019 News

Bermuda Appoints its First Privacy Commissioner Pursuant to the Personal Information Protection Act 2016 (the Act), the Governor of Bermuda has announced that Alexander White is Bermuda’s first Privacy Commissioner. Mr...

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GeoPark acquires Amerisur Resources Plc

18-11-2019 News

Cox Hallett Wilkinson Limited (“CHW”) advised GeoPark Limited (NYSE:GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, on Bermuda law matters relating to the US$315 million acquisition of Amerisur Resources...

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