Profile

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). He has been intimately involved in a number of law reform initiatives in Bermuda, ranging from insolvency to insurance law.

Nick also contributed to the fourth edition of Kennedys’ Global Legal Handbook, one of our most popular guides, which outlines the main legal and procedural issues that case handlers may encounter when dealing with claims across 53 jurisdictions globally.

Nick Miles is a stellar regulatory lawyer.

Qualifications and admissions

  • Qualified in England and Wales
  • Qualified in Bermuda

Market recognition

  • Ranked Lawyer (Band 3) for ‘Insurance (Bermuda)'
    "Nick is up to date on every development and gives practical advice to us on business considerations. He has a good grasp of the market and what clients should pursue as the path forward."
     Chambers Global 2024
  • Leading Individual and Recommended Lawyer for 'Insurance/Reinsurance (Bermuda)'
    "Nick Miles is a stellar regulatory lawyer."
    The Legal 500 Caribbean 2024
  • Recommended Lawyer for 'Insurance/Reinsurance (Bermuda)'
    "Nick Miles spearheads the firm’s corporate insurance department, advising on (re)insurance matters, ranging from public company mergers to economic substance regime compliance."
    The Legal 500 Caribbean 2023 
  • Recommended Lawyer for 'Dispute Resolution (Bermuda)'
    The Legal 500 Caribbean 2023 
  • Notable practitioner for 'Insurance (Bermuda)'
    "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 Miles and team are extremely knowledgeable, commercial and proactive. They have been invaluable in supporting us with a complex transaction."
    The Legal 500 Caribbean 2022
  • Recommended Lawyer for 'Dispute Resolution (Bermuda)'
    The Legal 500 Caribbean 2022
  • Notable practitioner for 'Insurance (Bermuda)'
    "The time and effort he puts into understanding our needs, being available to us always and helping us strategise goes far beyond our expectations." 
    Chambers Global 2021
  • 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
  • Notable practitioner (Band 3) for 'Insurance' (Bermuda)
    "Nick Miles is lauded by interviewees for his 'comprehensive knowledge and 'proactive approach."
    Chambers Global 2020
  • Recommended Lawyer for 'Insurance/Reinsurance (Bermuda)
    "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 (Bermuda)'
    "Nick Miles is also highly rated."
    The Legal 500 Caribbean 2019

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.