Qualifications

  • Qualified in England and Wales
  • Qualified in Bermuda 

 

Nick is a partner in Kennedys’ Bermuda office. His practice encompasses insurance and reinsurance, corporate, insolvency and restructuring and banking and finance matters. He is admitted as a Barrister and Attorney of the Supreme Court of Bermuda and is admitted and enrolled as a Solicitor of the Senior Courts of England and Wales.

Nick advises insurers and investors and participants in the insurance industry on a wide range of regulatory and corporate matters, including the licensing of entities registered under the Insurance Act 1978, acquisition and disposal of shares, mergers and amalgamations, public and private offerings of securities. He advises clients from all industry sectors on restructuring and insolvency matters, and is well-known for his skill and experience in designing and drafting insurance and reinsurance structures to meet the needs of complex and unusual circumstances.

He is a committee member of the Restructuring and Insolvency Specialists Association of Bermuda (RISA) and the Chair of the Legal & Regulatory Committee of the Bermuda International Long-Term Insurers and Reinsurers Association (BILTIR). He has been intimately involved in a number of law reform initiatives in Bermuda, ranging from insolvency to insurance law.

Nick stands out for his knowledge about insurance and reinsurance in Bermuda. He has a great capacity to structure complex transactions and frame them in a simple way for everyone to understand. He is always available, has quick turnarounds for any questions and is on top of all engagements.

The Legal 500 Caribbean 2021

Market recognition

  • Ranked lawyer and notable practitioner for 'Insurance (Bermuda)' (Band 3)
    "Nick Miles advises insurance companies with regard to a wide array of transactional and regulatory matters. He has additional experience acting for policyholders and intermediaries."
    "Nick has strong verbal and written skills to articulate structure and strategy. He is also very commercial".
    Chambers Global 2022
  • Recommended Lawyer for 'Insurance/Reinsurance (Bermuda)'
    "Nick stands out for his knowledge about insurance and reinsurance in Bermuda. He has a great capacity to structure complex transactions and frame them in a simple way for everyone to understand. He is always available, has quick turnarounds for any questions and is on top of all engagements."
    The Legal 500 Caribbean 2021
  • Ranked Lawyer (Band 3) for 'Insurance' (Bermuda)
    "Nick Miles is ‘lauded by interviewees for his "comprehensive knowledge" and "proactive approach." He advises clients on corporate insurance, reinsurance and regulatory compliance issues.’"
    Chambers Global 2020
  • Recommended Lawyer for 'Insurance/Reinsurance'
    "Nick Miles has good knowledge of business and is pragmatic"
    The Legal 500 Caribbean 2020
  • Recognised by Who's Who Legal Insurance & Reinsurance 2019 Analysis
    "Nick Miles is widely endorsed for his superb insurance practice. He is particularly strong on regulatory matters, proficiently advising policyholders, investors, insurers and reinsurers."
  • Recommended Lawyer for 'Insurance and Reinsurance'
    "Nick Miles is also highly rated."
    The Legal 500 Caribbean 2019
  • Rated in Legal 500 for Insurance/Reinsurance (2017/2018)

Work highlights

  • Advising Amedex Insurance Company (Bermuda) Ltd (Amedex), a wholly-owned subsidiary of Bupa, on all aspects of its long-term business transfer scheme under Section 25 of the Insurance Act 1978, including negotiation and drafting of transaction documents and liaison with the Bermuda Monetary Authority and representation of Amedex before the Supreme Court of Bermuda on its application for sanction of the transfer scheme.
  • Acting for Bermuda Commercial Bank Limited in connection with its sale by merger to Provident Holdings Ltd.
  • Successfully representing officers of Deloitte & Touche Tohmatsu (Hong Kong) in their application for orders appointing them as joint liquidators of Ping An Securities Group Holdings Ltd and declining the application of the nominees of the creditors in Re Ping An Securities Group (Holdings) Limited [2022] SC (Bda) 25 Com (8 April 2022).
  • Acting as Bermuda Counsel to Randall & Quilter Investment Holdings Ltd and a subsidiary company in connection with various debt securities issuances and in connection with the disposal of a captive management business to Davies Group Ltd.
  • Acting as Bermuda Counsel to SiriusPoint in connection with aspects of its investment in Mosaic Insurance as part of a strategic partnership between the two groups in 2022.

Publications

Market recognition
  • Web_Chambers_Global_Ranked In_2020_(Nick Miles).jpg

    Ranked

    Chambers Global 2020

  • Legal-500_CAR_Recommended-lawyer.jpg

    Recommended Lawyer

    The Legal 500 Caribbean 2020