Nick Miles

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.

He advises insurers, reinsurers, insurance intermediaries, policyholders and investors in the insurance industry on a wide range of regulatory and corporate matters, including the licensing of entities registered under the Insurance Act 1978, mergers and amalgamations, continuances and discontinuances and public and private offerings of securities. He advises clients from all industry sectors on restructuring and insolvency matters. He also advises on compliance with Bermuda’s new “economic substance” legislation.

He is a committee member of the Restructuring and Insolvency Specialists Association of Bermuda.

'Highly rated' for Insurance/Reinsurance

Legal 500 2017/2018

Market recognition

  • 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."
  • Ranked as an 'Insurance and Reinsurance' leading individual and recommended lawyer (Tier 3) by The Legal 500: Caribbean 2019
  • Rated in Legal 500 for Insurance/Reinsurance (2017/2018)

Work highlights

  • Acting for a US investment bank in designing and establishing an insurance-inked securities structure investing in legal expenses insurance business issued in the EMEA region.
  • 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 for a Bermuda bank in connection with its sale by merger to a new parent company.
  • Advising various Bermuda insurers on a range of regulatory matters including compliance with the Personal Information and Protection Act 2016; the structuring and regulatory recognition of capital and surplus; and miscellaneous Insurance Code of Conduct issues.
  • Acting for Frontline Management Ltd in its capacity as the petitioning creditor in winding up proceedings and proceedings under Section 99 (Scheme of Arrangement) of the Companies Act 1981 relating to Titan Petrochemicals Group Ltd.

Publications