Signature’s insurance and reinsurance practice focuses on complex international insurance disputes, particularly in Latin America, the Mediterranean basin, Asia and West Africa.
The breadth of our experience covers a wide range of sectors and losses including those relating to:
- large scale infrastructure projects, in particular in the fields of energy and construction;
- losses arising out of natural disasters;
- claims under D&O policies
The practice is led by Hermes Marangos, who is acknowledged in international directories, including Chambers and Partners, as a leading and highly analytical lawyer with particular experience inter alia in Latin America matters. He advises various international organisations, including the UN, UNCTAD and the Berne Union in various issues, namely political risks.
Hermes is co-author of a key textbook on reinsurance law, a co-author of the book “War Risks and Terrorism”, and a contributor to textbooks on conflicts of law, property risks and mass torts. He is a Vice President of the Insurance Institute of London and drafts critical wordings for the international market. He lectures and publishes widely on significant international conflicts of law matters and on specialist risks and legal and forensic investigations.
Hermes Marangos is recommended in The Legal 500 UK 2016 for Commercial Litigation and Insurance and Reinsurance Litigation. He is also ranked as a Band 3 expert in both Chambers Global 2017 and Chambers Latin America 2017, for his Insurance expertise in the region.
OUR LAWYERS’ FEATURED EXPERIENCE
Advising reinsurers under a CAR/EAR cover in relation to a series of losses to an extension of an existing oil refinery which included a water canal diversion project forming part of preparatory works in Colombia.
Advising US and Canadian insurers in relation to coverage issues under an All Risk Policy arising out of physical damage to a drilling rig owned by a Canadian corporation during operations in Brazil.
Advising reinsurers under an EAR cover including Delay in Start-up in relation to damage to an electrical generator which was to be used in a project for the conversion of two existing gas turbines in Bolivia.
Acting as defence counsel for the insurers and the insured in proceedings governed by Belgian law to determine the cause of a catastrophic fire at Brussels Airport destroying a hangar and four aircraft.
Advising insurers on coverage issues in a dispute governed by Norwegian law relating to the construction of an offshore oil and gas platform.
Advising on a major reinsurance dispute valued at approximately £300 million concerning a mining operation which was disrupted due to flooding.
Advising reinsurers on coverage matters arising out of high-profile claims under a D&O policy relating to the issuance of American Depository Receipts by a Brazilian company in the US.