Henry, Henry & Bristol (“HHB”) Advises on Outward Reinsurance Regulation in Grenada

HHB advised an international client on the regulation of outward reinsurance under the Insurance Act, with a focus on the legal and regulatory position applicable to non-domiciled overseas reinsurers assuming risks ceded from Grenada. The advice addressed registration requirements, regulatory perimeter issues, disclosure obligations, and the circumstances in which offshore reinsurers may be deemed to be carrying on insurance business in Grenada.