ASW Law Limited > Hamilton, Bermuda > Firm Profile

ASW Law Limited
CRAWFORD HOUSE
50 CEDAR AVENUE
HAMILTON HM11
Bermuda

Bermuda > Insurance/reinsurance Tier 2

ASW Law Limited‘s insurance and reinsurance practice provides expert guidance on high-value M&A transactions and also has a wealth of experience in incorporations, licensing issues, regulatory compliance, enforcement matters and insurance transactions. Spearheaded by Neil Horner, the practice assists major insurers with multi-billion-dollar deals and new company formations. Kehinde George specialises in corporate restructuring and insolvency work, actively participating in complex insurance sector mandates involving schemes of arrangement and distressed insurance companies. Hanno Tolhurst has extensive expertise in handling significant cross-border insurance and reinsurance cases, while Kim Willey serves as a trusted counsel for insurance regulatory matters. The team is further reinforced by the expertise of senior counsel Nikhil Lawton-Misra and senior associate Sangheetaa Phary.

Practice head(s):

Neil Horner

Other key lawyers:

Testimonials

‘Very knowledgeable about the regulatory regime and market in Bermuda and good relations with the BMA. Experienced in M&A and other insurance/reinsurance transactions and extremely responsive in producing advice in short turnaround time.’

‘Neil Horner – many years of experience in the industry so can suggest solutions from experience as well as how the BMA may approach things. Hanno Tolhurst – very responsive and will suggest commercial solutions rather than just quoting the law.’

‘Independence, standards of client service, responsiveness.’

‘Degree of knowledge and expertise in the insurance sector.’

Key clients

Argo Group International Holdings, Ltd.

BF&M Limited

Agam Capital Management LLC and 26North Partners LP

The Travelers Companies, Inc., Capital Z Partners & Further Global Capital Management

Nippon Life Insurance Company

Sagicor Financial Company Ltd.

Covéa Cooperations

Brookfield Reinsurance Ltd.

Legal & General Group PLC

Compre Group

Work highlights

  • Advising speciality insurance underwriter, Argo Group, on all Bermuda legal aspects and the Bermuda regulatory process for its acquisition by Brookfield Reinsurance, in an all-cash transaction valued at approximately $1.1bn.
  • Advising BF&M Limited, a key local Bermuda insurance group that is publicly listed on the Bermuda Stock Exchange, on all Bermuda legal aspects of its strategic review, including the potential sale of the company.
  • Advised Agam Capital Management LLC on the incorporation and licensing of Agam Bermuda ISAC Ltd., the first incorporated segregated accounts company to be licensed in Bermuda as a long-term Class E insurer.

Bermuda > Banking, finance and capital markets Tier 3

The corporate and finance practice at ASW Law Limited works with a variety of financial institutions, providing a wealth of expertise in financial transactions, particularly excelling in the insurance industry. Neil Horner, a specialist in general corporate, funds and finance law, leads the practice, boasting a notable track record in multi-billion-dollar corporate transactions, with a strong presence in significant Bermudan matters within the insurance sector. Kehinde George adds substantial support to the practice with experience in corporate restructurings and insolvencies, while Kim Willey and Hanno Tolhurst both focus on general corporate and commercial law, with a particular emphasis on the insurance sector.

Practice head(s):

Neil Horner

Other key lawyers:

Kehinde George; Kim Willey; Hanno Tolhurst; Nikhil Lawton-Misra; Sangheetaa Phary

Testimonials

‘Neil Horner and team provide excellent support on my finance transactions and work seamlessly across the time-zones. They are all very thorough, hard-working and responsive.’

‘Neil Horner and his team are constantly demonstrating a willingness to facilitate a seamless service across time-zones. This is hugely appreciated.’ 

Key clients

Markel Corporation & Markel CATCo subsidiaries

Macquarie Bank Limited

DIFL Secured Ad Hoc Group

Nordic Trustee AS

Clifford Capital Pte. Ltd.

Work highlights

  • Advised Markel Corporation and its Markel CATCo subsidiaries on the implementation of a creditor scheme of arrangement.
  • Advised Macquarie Bank Limited, acting as lender, on all Bermuda aspects of its credit facility with Pipeline Investments Limited (a Bermuda based borrower), guaranteed by Sociedad Portuaria Puerto Bahía S.A., Frontera Bahía Holding Ltd., and Frontera ODL Holding Corp.
  • Advising the DIFL Secured Ad Hoc Group, as secured creditors, in relation to the proposed financial restructuring of the existing indebtedness and other obligations and equity interests of Digicel Limited and its subsidiaries.

Bermuda > Corporate and commercial Tier 3

The corporate and finance practice at ASW Law Limited has extensive experience in advising on major corporate finance transactions. Group head Neil Horner is a specialist in general corporate, M&A, funds, and finance law, and has a track record in managing multi-billion-dollar corporate transactions, while head of insolvency Kehinde George possesses specialised expertise in corporate restructurings and insolvency matters. Kim Willey handles high-value, cross-jurisdictional deals within the insurance sector, while Hanno Tolhurst focuses on general corporate and commercial law, with a notable portfolio of high-value transactions. Additional key contacts at the firm include senior counsel Nikhil Lawton-Misra and senior associate Sangheetaa Phary.

Practice head(s):

Neil Horner

Testimonials

‘The Corporate and Commercial team is bright, hungry and extremely knowledgeable. The partners are responsive, go the extra mile and are always available. They are very easy to work with and really work in partnership with their clients.’

‘Neil Horner (Partner)- Neil is bright and has sound knowledge and experience of the Bermuda corporate world. He’s incredibly responsive, focused and fosters a strong relationship with clients, investing in outcomes and ensuring that his team and the client are pulling together in shared common goals. Great to work with.’

‘Hanno Tolhurst (Partner)- Hanno is incredibly detail oriented. He pulls together advice on complex issues quickly, leaving no stone unturned. He makes time for his clients at any time of day.’

‘Neil Horner and his team stand out in their responsiveness and ability to deliver crisp and clear advice in the Bermuda Market.’

‘Independence, standards of client service, responsiveness.’

‘Strong degree of sectoral knowledge and expertise.’

Key clients

Argo Group International Holdings, Ltd.

BF&M Limited

The Travelers Companies, Inc., Capital Z Partners & Further Global Capital Management

Nippon Life Insurance Company

Covéa Cooperations

Markel Corporation & Markel CATCo subsidiaries

Macquarie Bank Limited

Sagicor Financial Company Ltd.

American International Group, Inc.

DIFL Secured Ad Hoc Group

Work highlights

  • Advising specialty insurance underwriter, Argo Group, on all Bermuda legal aspects and the Bermuda regulatory process for its acquisition by Brookfield Reinsurance, in an all-cash transaction valued at approximately $1.1bn.
  • Advising BF&M Limited on all Bermuda legal aspects of its strategic review, including the potential sale of the company.
  • Advised on all Bermuda legal aspects of The Travelers Companies, Inc.’s strategic minority investment in Fidelis Insurance Holdings Limited.

Bermuda > Dispute resolution Tier 3

The team at ASW Law Limited handles contentious work ranging from court litigation to international arbitration tribunals, covering a broad spectrum of commercial law with a significant focus on insurance and reinsurance claims. Rod Attride-Stirling, a seasoned international arbitration practitioner, co-heads the practice with Kehinde George, who is a specialist in corporate restructuring and insolvency mandates. Senior counsel Matthew Mason is also noted for litigation, arbitration and insolvency proceedings.

Practice head(s):

Rod Attride-Stirling; Kehinde George

Other key lawyers:

Testimonials

‘Involved in the key cases on the island.’

‘Rod Attride-Stirling – one of the Island’s best litigators.’

Key clients

Deloitte Ltd

Bermuda Monetary Authority

SC Liquor, LLC

Bermuda > Regulatory and compliance Tier 3

With a robust presence in the insurance/reinsurance sector, the regulatory and compliance practice at ASW Law Limited brings practical experience from Bermuda and abroad, enabling the team to navigate the complex landscape of insurance regulations effectively. Headed by Neil Horner, who has extensive expertise in regulatory matters, the practice boasts significant know-how in segments such as the incorporation and licensing of insurance companies, insurance regulatory and enforcement matters, and providing advice in connection with insurance transactions. Other key contacts supporting this practice include Hanno Tolhurst and Kim Willey, who were both promoted partners in 2021 and have demonstrable strength in insurance regulatory and compliance advice, as well as senior counsel Nikhil Lawton-Misra and senior associate Sangheetaa Phary.

Practice head(s):

Neil Horner

Key clients

Argo Group International Holdings, Ltd. (NYSE: ARGO)

BF&M Limited

Agam Capital Management LLC and 26North Partners LP

The Travelers Companies, Inc., Capital Z Partners & Further Global Capital Management

Nippon Life Insurance Company

Sagicor Financial Company Ltd.

Covéa Cooperations

Brookfield Reinsurance Ltd.

Legal & General Group PLC

Compre Group

Work highlights