Hermès “is experienced at representing reinsurers in matters concerning the Southern Cone especially.“
Chambers Latin America 2021
Hermès “remains a tireless, charismatic and forceful advocate for his clients and has an original legal brain.“
Chambers Latin America 2021
Well regarded for his “huge knowledge of the South American market”.
Chambers Latin America 2021
“An extremely knowledgeable individual but also one who appreciates the real-world scenarios in which laws apply.“
Chambers Latin America 2020
‘Intelligent, with an excellent knowledge of the field’, [Hermès Marangos] offers the ability to ‘think outside the box and get inside the Latin American psyche’.
The Legal 500 UK 2019
“Hermès Marangos leads the Latin America practice and has vast experience in commercial litigation”.
“Peers regard Hermès Marangos as a “very impressive” figure. He is qualified as a barrister and solicitor, and has more than 20 years’ experience advising clients on issues in Latin America”.
Leading Individual – Insurance and Reinsurance Litigation
The Legal 500 UK 2020
Band 3 – Insurance – Latin America-wide
Chambers Global 2020
Band 3 – Insurance – Latin America-wide
Chambers Latin America 2021
Hermès Marangos for over thirty years has been representing entities on complex cross-border issues, including international (re)insurance and underlying commercial litigation.
He is regularly instructed on coverage involving the London and International Market and also as Counsel on third party liability accounts for major corporates. He also leads teams handling major litigation relating to financial institutions, liability, construction, engineering and energy. He also advises clients on regulatory and corporate matters.
Hermès is also an acknowledged expert on issues of political violence matters, having been involved in the work done on market and state solutions (relating to the coverage of terrorism, the setting up of Pool Re and the interpretation of war, political violence, societal risks and terrorism exclusions), litigating and arbitrating these risks internationally and working with the Insurance Institute on a textbook on these issues.
He is qualified both as a Barrister and Solicitor of England & Wales and fluent in several languages, including Spanish and Portuguese. He is a Vice President of the Insurance Institute of London and co-author of the textbook, “Reinsurance Practice and the Law” and Leader of the Study Group, editor and co-author of the book “War Risks and Terrorism“, political violence publications for European universities and contributor to textbooks on conflicts of law, property risks and Mass Torts in Europe. He is also the main author of “Getting the Deal Through: Insurance Litigation” (the latest of which Guides is the 2020 Edition) and regularly writes on issues relating to war, terrorism, political and societal violence covers and GDPR and cyber losses. He also lectures and publishes widely on significant international conflicts of law matters and on specialist risks and legal and forensic investigations.
Representative Political Violence work experience
- Advising European reinsurers and US counsel as expert co-counsel on the Liberian Civil War and litigation on the meaning of war, insurrection, civil commotion and riot losses and on supervising evidence and expert and contemporaneous testimony on the genesis and escalation of the civil war. Forensic and historical analysis leading to the Liberian Civil War.
- Advising reinsurers following the assassination of Premier Benazir Bhutto in Lahore in Pakistan and the applicability of terrorism and political violence exclusions. Forensic issues concerning evidence on bomb attacks and explosions and subsequent riots.
- Advising major reinsurers on involvement of terrorists in bank robberies in Colombia and analysis of distinctions of terrorism acts versus acts of terrorists or participation of proscribed individuals in disturbances and membership of criminals in proscribed terrorist and drug dealing organisations.
- Advising on the Intifada and uprising, civil commotion, violent riots in Israel and the Occupied Territories. On local versus international provisions on terrorism and state security. Including on distinctions between criminal activity legislation and insurance regulations.
- Advising on the legal position of convoy attacks in coastal towns and applicability of political violence provisions in relation to the civil war in Colombia.
- Advising on sabotage attacks on petroleum company installations pipelines and storage facilities in the Ogoni region in Nigeria.
- Arbitrating on State related industrial losses following the invasion of Kuwait by Iraq, including mass looting and wanton destruction in Kuwait.
- Advising on riot related losses in Indonesia and insurance provisions interpretation and government pronouncements on the Red Shirt movement.
- Advising on insurance disputes relating to the coup d’état and political violence in Haiti. On the chronological trajectory and conclusions under the Spinney’s guidelines.
- On war and terrorism related disputes following the Israel Lebanon war and the actions of Hezbollah, starting with the abduction of Israeli border guards, leading to he commencement and escalation of hostilities.
- On the impact of the Israeli Defence Force operations and embargo in Jericho and losses at hotel and casino operations and property and business interruption covers.
- On the meaning and applicability of civil commotion/riot/looting provisions and aggregation and hours clauses position and inter-play if any with riot provisions to losses following Katrina and major floods and earthquakes.
- On advising on the St Mary Axe, IRA bombings and the resulting legislation and set up of Pool Re.
- On advising major reinsurers on the applicability of war and terrorism provisions and Riots Strikes and Malicious Damage Sub-Limits to the “World Trade Center”
- Advising and providing professional training workshops across Europe to major insurers and reinsurers on the various Political Violence/Societal risk wordings and war and terrorism exclusions, including on the operation and efficacy of Riots, Strikes and Malicious Damage sublimit.
- On advice to major insurers and reinsurers on the new set of exclusions and applicability based on NMA2918-2921.
- Advising on attacks by Tupac Amaru Revolutionary Movement on the Peruvian army and nature and definition of political violence.
- Advising on appropriate wordings for chronic civil war and continuing industrial and factory losses in Beirut.
- On riot wordings and “interpleader” issues between terrorism provisions and all risk covers in Hong Kong and violent anti-government protests, including on advising on economic versus political riots interpretation as applicable to Lloyds wordings.
- Representing policyholders on terrorism related losses following attacks in London and Paris. Proceedings in relation to the London Bridge and Westminster Bridge and Parsons Green attacks.
- Representing leading energy and mining companies in a range of complex, cross-border issues and arising from the loss of control of several of its entities operating in the disputed Donetsk and Luhansk regions in Ukraine following the invasion by Russian forces and appropriation
Representative International Disputes work 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 specifically on issues of pre-existing damage, non-disclosure, concurrent design and construction causation, gradual deterioration, mitigation of loss obligation and want of due diligence.
- 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 in particular on issues of placement, definition of insured and property insured, the test required for want of due diligence and subrogation.
- 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. Advising on spoliation of evidence issues arising from refusal to grant access on-site, assessing whether the insured’s conduct in the measures it took to test the generator prior to start-up satisfied the obligation to take reasonable precautions, advising on the effect of a false declaration by the insured, wilful negligence, potential subrogation actions against German manufacturer and on the Bolivian law and political angle.
- Advising reinsurers under a CAR cover in respect of damage due to water leakage to a sulphur combustion furnace boiler in a sulphuric acid plant in Chile. Advising inter alia on possible subrogation action against manufacturers in China, technical analysis of the processes involved in the production of sulphur to identify root cause and exclusion of proportion of costs under LEG wordings.
- Advising on a major reinsurance dispute involving a mining operation disrupted due to flooding with multiple claims following property damage and business interruption, as well as on issues of recoverability of expenses and alleged obligations of reinsurers to indemnify non-contractual and other punitive losses, c. £300m in value.
- Advising on major international construction disputes involving LEG 2, LEG 3 and operational issues affecting large-scale construction contracts / EAR in West Africa and the Middle East, including firefighting obligations, mitigation and BI calculation methodology, c. £40-50m in value.
- Advising on various Caribbean claims involving failed turbines and coverage under operational policies for damage and business interruption claims, including issues of applicability of foreign law and competing jurisdictional provisions, c. US$50m in value.
- Instructed by major UK reinsurers under an All Risks policy concerning a significant theft of electronic devices in Mexico, involving complex issues of employee infidelity.
- Advising London Market and US reinsurers on high-profile and complex D&O coverage issues in Brazil in connection with a class action brought in the US and an Insured v Insured claim in Brazil.
- Advising London market underwriters in connection with a group action arising from complex claims before the Brazilian Appellate Courts, arising out of cattle feeding programmes.
- Advising reinsurers on major mining damage and business interruption claims in Mexico involving extra contractual and loss of opportunity to pursue civil law arguments under Mexican, US and UK law.
- Advising reinsurers on TPL claims under a product liability programme for engineering fleet vehicles, with parallel proceedings in the UK and Switzerland, involving English, Swiss, German and US law issues.
- Representing London market and European insurers on power plant disputes involving turbine failures and fires in West Africa, the Caribbean and Latin America.
- Representing London market and European reinsurers in proceedings in Turkey, both in property/engineering disputes involving the application of sub-limits and first-loss reinsurance arguments, and in product liability disputes involving defective building materials allegations and arguments on financial law and efficacy exclusions.
- Advising on an ICC arbitration brought by an Argentinean EPC contractor relating to the design and construction of a marine oil terminal.
- Representing London reinsurers in multiple claims in Argentina, including class actions and major energy losses.
- Advising reinsurers on machinery collapse and turbine failure and consequent BI issues.
- Advising a London market reinsurer on complex proceedings brought directly against them by the insured in the Brazilian courts.
- Advising worldwide insurers in connection with a multiple-fatality accident at a Barrick Gold Corporation mine in Chile in 2000.
- Advising Miami insurers in connection with multi-claimant litigation involving pollution caused by a water treatment plant installed in Santiago de Chile.
- Advising London market reinsurers on a pollution claim brought by the government of Colombia against the Colombian National Oil Company, c. $1.7bn in value.
- Advising Lloyd’s syndicates in connection with a dispute relating to a collapsed road bridge in Mexico.
Articles & Publications on War, Terrorism and Political Violence
Viewpoint: Insurers must avoid knee-jerk rejections of Covid-19 BI claims – Insurance Day – 17 April 2020
Getting the Deal Through: Insurance Litigation 2020, UK Chapter – Getting The Deal Through – March 2020
Cyber-attacks and litigation – CDR – 29 August 2017
Insurance policies struggle to keep pace with cyber-attacks – Life Insurance International – 28 June 2017
Legal implications of global cyber-attacks – Insurance Post – 15 June 2017
Compliance implications of the global cyber-attacks – Thomson Reuters – 15 June 2017
Terrorism risks and terrorism insurance fact file – 28 December 2016
Legal issues in Lat Am – Insurance Day – 10 November 2016
There is a unique opportunity to grow the political risk insurance market – Insurance Day – 16 February 2016
Review: Establish factual evidence ahead of using self-serving PVI issues in Ukraine Russia conflict in Crimea – interpretations – Insurance Day– 6 March 2014
Political unrest bring wording issues back to the fore – Insurance Day – 27 June 2013
Algeria and beyond: the complexity of incidents – DAC Beachcroft Article – 18 February 2013
Insurance market hit by riot, political violence and war risks in the Arab world – DAC Beachcroft Article – March 2011
Predict a riot: covering political unrest / Hermes Marangos – 16 April 2008
War on Iraq legal implications 2003
Reassessing the terrorism risk – Post– 13 February 2003
Terrorism Risk Insurance Act of 2002 – Cozen O’Connor Newsletter – Winter 2002/03
New trends in Reinsurance Wordings and Exclusions/Political Violence wordings post “World Trade Center” – Global Re – 2002
Areas of Expertise
Hermès Marangos's Latest Published Articles