Appleby advised Kuvare Holdings (Kuvare) on its formation of Kindley Re Ltd. (Kindley Re), a newly formed Bermuda-domiciled reinsurer which will co-invest at least USD 400 million with Kuvare in qualifying life insurance and annuity transactions. Kindley Re was formed in partnership with Davidson Kempner Capital Management LP and Kuvare and its affiliates.
Kuvare is a technology-enabled financial services platform focused on delivering life and annuity solutions to the underserved U.S. middle market, and reinsurance solutions to institutional partners worldwide.
Bermuda Managing Partner Brad Adderley advised Kuvare with support from Partner Gary Harris, Associate Ojeda Smith, Legal Trainee Kinika Armstrong and Paralegal Remond Bonne Smith