Peter Dunlop

Peter Dunlop


T +1 441 242 1524
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Practice Areas

Peter Dunlop is a partner* and Co-Lead of the Insurance & Reinsurance team of Walkers Bermuda.

Peter is a former underwriter and his insurance practice includes non-contentious and corporate advice in the areas of insurance company, Managing General Agency, captive and SPI formations, licencing, M&A, ILS structures, policy and contract drafting, new product advice and insurtech in which he has acted for investors, fund and captive managers, insurtech start-ups, brokers and many of the world's leading re/insurers.

He is also an experienced advocate, a Fellow of the Chartered Institute of Arbitrators and has many years' experience of complex international re/insurance arbitrations in the UK and Bermuda for policyholders, cedants and reinsurers across a broad range of industries, including banking, energy, healthcare and pharmaceuticals. Peter also has significant experience of complex and long-running insurance regulatory investigations in the UK and in Bermuda, representing insurers and reinsurers in investigations often with a multi-jurisdictional dimension.

In addition to his insurance/reinsurance practice, Peter's experience includes Bermuda corporate disputes, commercial and fraud, insolvency and restructuring, advising directors, shareholders, hedge funds, administrators and insolvency practitioners.

*The title of "partner" is used to refer to a consultant or employee of Walkers (Bermuda) Limited with equivalent standing and qualifications.

Peter has over 22 years' combined experience of legal practice in London and Bermuda.

He is a Chartered Property & Casualty Underwriter and spent nearly five years at XL Catlin Bermuda, where he was part of a specialist team that created a pioneering portfolio of innovative re/insurance business in the areas of transactional liability, litigation risk containment & ATE, contingency, structured credit, tax ring-fencing and alternative risk transfer.

He also spent six months on secondment to Gen Re UK in London in 2006 in relation to the FSA's investigation in to finite reinsurance practices.

Reported Cases
Campbell -v- Mylchreest [1998] EWCA Civ 60, [1999] PIQR 17

CGU International Insurance PLC & Others -v- AstraZeneca Insurance Co Ltd [2005] EWHC 2755, [2006] EWCA Civ 140 (Court of Appeal)

Lisa S.A. -v- Leamington Reinsurance Company Ltd & Avicola Villalobos S.A. [2008] SC (Bda) 35 Com (9 June 2008)

Re Stewardship Credit Arbitrage Fund Ltd; BNY AIS Nominee Ltd and others -v- Stewardship Credit Arbitrage Fund Ltd. [2008] Bda LR 67

Munib Masri -v- Consolidated Contractors International Company SAL & Teyseer Contracting Company WLL [2010] SC (Bda) 15 Civ (22 March 2010)

Admitted In:
England & Wales (not practicing)

Chartered Property & Casualty Underwriter
Solicitor Advocate (Civil Advocacy) of Senior Courts of England & Wales
Post Graduate Diploma in Legal Practice, College of Law, Guildford, UK
LLB (Hons) in Law, Durham University, UK

Peter is a regular contributor to legal and business publications and has published articles in Bermuda Re: ILS, Insurance Insider, Trading Risk, Global Reinsurance, Getting The Deal Through, The Review – Worldwide Reinsurance, Inside Fac and Global Annual Review of the Americas. He was also a contributor to O'Neill & Woloniecki's "The Law of Reinsurance" (3rd. Edition, Sweet & Maxwell).

Peter is also a regular speaker at Bermuda and international conferences and roundtables.

2021 Who's Who Legal - Recommended - Insurance & Reinsurance - 'Respondents consider Peter Dunlop to be “extremely knowledgeable” in non-contentious issues ranging from contract drafting to insurtech.'

2021 Chambers Global - Notable Practitioner - Insurance - A source praised his "good local knowledge," adding: "He is responsive and commercially minded."

2021 Legal 500 - Next Generation Partner - Insurance/Reinsurance

2021 Legal 500 - Recommended - Dispute Resolution

2020 Who's Who Legal - Thought Leader - Insurance & Reinsurance

2020 Legal 500 - Next Generation Partner - Insurance/Reinsurance - "Peter Dunlop is an exceptional insurance lawyer with diverse experience and a practical approach to matters"

2020 Legal 500 - Recommended Lawyer - Dispute Resolution

He has also been recognised in the 2011 Euromoney's Guide to the World's Leading Insurance & Reinsurance Lawyers, and the 2011 International Who's Who of Insurance & Reinsurance Lawyers.

Peter is a member of the Bermuda Bar Association, CPCU (Bermuda Chapter), Law Society of England & Wales and INSOL. He sits on a number of advisory groups, including the Bermuda Business Development Agency's Insurtech Working Group and the Bermuda Monetary Authority's ILS Taskforce. Peter is also a Fellow of the Chartered Institute of Arbitrators.