Article
Close-out Netting And Set-off For Segregated Cell Insurers: Bermuda vs Cayman Analysis
Legal teams, capital teams, and actuarial professionals face distinct challenges when analyzing netting and set-off provisions in segregated cell structures. The statutory ring-fencing regimes in Bermuda and Cayman Islands create complex interactions with contractual netting language that require careful legal analysis to ensure proper attribution, recourse, and enforceability across cell boundaries.
Walkers
