Mar 2024
Conyers advised Macquarie on the formation and licensing of its long-term reinsurer InEvo Re Ltd. as a Class E insurer in Bermuda.
InEvo Re was formed to provide innovative and evolutionary risk and capital solutions to life insurers around the world. Following its formation, InEvo Re appointed Macquarie to deliver a disciplined investment and risk management approach for its asset management function to ensure InEvo Re’s policyholders obtained both economic benefits as well as a high level of security.
Conyers, led by Director Jacqueline King, assisted Macquarie in all respects with forming, licensing and operationalising InEvo Re as a Bermuda based reinsurer. This included building out its governance and operational framework, as well as advising on the hiring of its employees and the opening of its Bermuda office.