Insuralex works for a wide range of clients including insurance and reinsurance companies, Lloyd’s syndicates, insurance and reinsurance brokers as well as captives and self insured companies.
Each member of Insuralex is considered to be a leading practice in this specialist field within its national jurisdiction.
The group has represented major companies in some of the most significant disputes including:
Advised on US$40 million property claim in Argentina on behalf of the London reinsurance market.-
Advised on US$45 million surety bond claim in Argentina on
behalf of the Swiss and German market.
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Advised on product liability global class action in Argentina on
behalf of the French insurance market.
Advising a large, U.S.-based international P&C insurance group
on regulatory and contracts issues related to structuring
mass-market distribution of insurance products in Costa Rica
and throughout Central America.-
Advising a Lloyd's syndicate in connection with the settlement of
passenger claims arising out of an air crash of a Costa Rican airline.
Advice on several files related to the 2010 earthquake in Chile.
This was the largest insurance event in the history of Chile with
a total of 240,000 claims and US$7 billion in losses paid. Insur-
alex’s exclusive member in Chile was involved in several of the largest files providing coverage advise and other related assignments.-
Advised on the Oil Spill at San Vicente Harbour, Chile. A crude
oil spill affecting Petrox Refinery, with a total of 5,600 claimants, largest number in any environmental case in Chilean history. Ongoing litigation pending review by the Chilean Supreme Court, acting for defendants.
Advising leading companies on their establishment in Uruguay and obtaining operating licenses, as well as in M&A processes.-
Insuralex’s exclusive member in Uruguay advised AIG on the sale of its Uruguayan subsidiary to the Canadian property and
casualty insurer Fairfax Financial Holdings Limited.
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Insuralex’s exclusive member in Uruguay assisted Uruguayan insurance company HDI, part of the German group TALANX, in
the acquisition of the whole portfolio of a Uruguayan transport insurer.
Advice to Zurich Insurance Company Ltd. in Colombia concern-
ing the incorporation and launch of operations of a local insur-
ance company, Zurich Colombia Seguros S.A.-
Advice to QBE European Operations in relation to the legal
claims arising from a major oil spillage of Petroecuador (oil
company of Ecuador) occurred on the Pacific coast of Colombia.
Advice to Cursud N.V (an affiliate of Zurich Insurance Group) in
the sale of its majority shareholding in Zurich Seguros, S.A.
(Venezuela).-
Advice to Fairfax Financial Holdings Limited in its attempt for
the indirect acquisition of C.A. de Seguros American Interna-
tional (Subsidiary of AIG in Venezuela).
Legal support on policy coverage issues regarding a fuel thermal power plant in Peru. The owner claimed an indemnification for damages for US$57 million and US$26 million loss of profit (ALOP).
Legal advice and support to local insurer and a foreign reinsurer regarding claims made by the Panama Canal Authority over
the performance and advance payment bonds totaling US$600 million for the Panama Canal expansion project.-
Advised on and obtained the regulatory approval for the acquisition of the operations of Assicurazioni Generali S.p.A. by a
local insurer in the Republic of Panama.
The Mont Blanc tunnel fire
The Linate airport disaster-
The Toulouse explosion
The AGF/Wasa/Lexington UK Supreme Court case-
Italian 2003 Blackout
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Chubb & AIG vs. Parmalat & others case
The Maconda Well incident (involving the platform Deepwater Horizon)-
Litigation arising from the 9/11 attacks
Disputes occurring during the Athens Olympic Games
The Chinese Slimming Herbs litigation in Belgium, Holland and Luxembourg-
The Turkish Airlines crash at Schiphol airport -
The Buncefield explosion in the UK
Fuel Tanks Fire at Ultra-Cosan-Raízen in Santos (Brazil) - 10 days of fire-
International product liability class action claims related to defective medical devices in a large number of patients -
D&O and surety bond claims related to corruption scandals in Argentina and Brazil
- Other plant disasters and catastrophes
- Life/A&H and sports experience
The group’s policy embodies a shared philosophy.
We believe in the importance of:
