Chiara T. Nannini is a Director in the Corporate Department of Conyers Dill & Pearman Limited.

Her practice includes all aspects of corporate and commercial law, with a particular focus on insurance / reinsurance regulatory and transactional matters, including the licensing and ongoing regulatory and compliance requirements of insurance companies and insurance intermediaries. She also has experience in the area of portfolio transfers of Bermuda life insurers and segregated accounts. Her practice includes corporate reorganisations, debt and equity offerings, corporate finance including IPOs and project finance in cross border and multi-jurisdictional contexts.

Since joining the firm, Chiara spent a year on secondment with American International Group’s Bermuda office and was based in the Conyers São Paulo, Brazil office from 2010 to 2013.

Jurisdiction

Experience

  • Advised SiriusPoint Ltd. on its US$400 million offering of 7.00% senior unsecured notes due 2029 (“Notes”), a cash tender offer for its 4.600% senior notes due 2026 and the redemption of all of its outstanding 7.00% senior notes due 2025.
  • Advised Banyan Risk Ltd. (i) on the launch of a new MGA, Banyan Excess Liability Ltd and its partnership with PartnerRe Insurance Solutions Ltd. (“PartnerRe”) to write excess casualty insurance cover, with PartnerRe providing capacity and shareholder support, and (ii) a long-term strategic partnership between Banyan Risk Ltd. and PartnerRe to expand its D&O insurance capacity.
  • Advised SiriusPoint Ltd. on its secondary offering of 4,106,631 common shares and repurchase of 500,000 common shares at the public offering price.
  • Advised Bacardi Limited as the guarantor in connection with Bacardi-Martini B.V.’s US$1 billion notes offering. The notes include US$600 million aggregate amount of 5.550% notes due 2030 and US$400 million aggregate amount of 6.000% notes due 2035.
  • Advised Nabors Industries Ltd. in connection with Nabors Industries, Inc.’s US$550 million issuance of 8.8875% senior fully and unconditionally guaranteed notes due in 2031.
  • Advised Nabors Industries Ltd. on its amendment and restatement of US$475 million credit facility, by its wholly owned subsidiary Nabors Industries, Inc.
  • Advised SiriusPoint Ltd. in connection with its offering of senior unsecured notes, a cash tender offer for any and all of its 4.600% Senior Notes due 2026 and the redemption of all of its outstanding 7.00% Senior Notes due 2025 as well as applications to the Bermuda Monetary Authority to have the New Notes treated as other fixed capital on the Statutory Statement of Capital and Surplus and as Tier 3 ancillary capital of the insurance group under the Bermuda Insurance (Group Supervision) Rules 2011.
  • Advised Chubb Life Insurance Company Ltd., a Bermuda company registered as a Class E insurer under the Insurance Act 1978 of Bermuda acting through its Hong Kong Branch, in connection with its transfer of all of its long-term business in Hong Kong to Chubb Life Insurance Hong Kong Limited by way of a Section 25 scheme transfer under the provisions of the Insurance Act 1978.
  • Provided Bermuda legal advice on the Rule 144A/Regulation S notes offering by Bacardi Limited and Bacardi-Martini B.V. The notes comprised US$400 million aggregate principal amount of 5.250% notes due 2029, which were Bacardi’s inaugural green bond offering, as well as US$700 million aggregate principal amount of 5.400% notes due 2033 and US$400 million aggregate principal amount of 5.900% notes due 2043.
  • Advised RenaissanceRe Holdings Ltd. on Bermuda law matters in connection with the creation of Fontana Holdings L.P. and its subsidiaries, including two new commercial insurers licensed by the Bermuda Monetary Authority.

Qualifications

Professional Background

  • Pupil – Conyers Dill & Pearman Limited 2007-2008
  • Seconded to American International Group

Education

  • Inns of Court School of Law, U.K., Bar Vocational Course, 2007
  • London School of Economics and Political Science, U.K., LLB (Hons), 2006
  • University of Virginia, USA, B.A., Political Science and Italian, 2003

Bar Admissions

  • British Virgin Islands, 2012
  • Bermuda, Attorney-at-Law, 2008
  • England & Wales, Barrister, 2007 (not currently practising)

Awards & Accolades

  • Recognised in the 2025 edition (and 2024) of Legal 500 Caribbean (corporate and commercial)
  • Recognised in the 2024 edition (and 2018-2019) of Legal 500 Caribbean (insurance)
  • Recognised as ‘Notable Practitioner” in the 2024 edition (and since 2016) of IFLR1000 (financial and corporate)
  • Recognised in the 2020 edition (and since 2018) of Legal 500 Caribbean (banking, finance and capital markets)

Associations

  • Member, Hon. Society of Middle Temple, London
  • Bermuda Bar Association