Fabio Torres

Fabio Torres

Director São Paulo, Brazil (associate)

Fabio Torres has led Kennedys’ Brazil office since 2011 and is the founding partner of F. Torres Advogados.

Fabio is a legal consultant to several multinational reinsurers, a former international legal coordinator at IRB Brazil Re and former chairman of the Insurance and Reinsurance Bar Association of Brazil, Rio de Janeiro Section (OAB-RJ). He is also an MBA professor and in-house course lecturer of reinsurance at several prestigious Brazilian higher education institutions: Fundação Getulio Vargas (FGV), Pontifical Catholic University of Rio de Janeiro (PUC RJ) and Escola Nacional de Seguros (FUNENSEG/ENS).  Fabio is a regular speaker at national and international seminars.

With wide-ranging experience, his expertise include aviation, marine, contractors’ all risks (CAR), delay in start-up (DSU) and advanced loss of profits (ALOPs), professional indemnity for construction and energy, directors and officers liability (D&O), errors and omissions insurance (E&O), energy, environmental liability and surety, encompassing dispute resolution and subrogated recovery, liability adjusting and litigation and advisory and strategic alignment in loss adjusting. Fabio also covers aspects of litigation, defense and assistance in arbitration proceedings and legal opinions.

Fabio has advised international and Brazilian clients in relevant cases covering judicial and extrajudicial claims, and in adjustment proceedings and recovery lawsuits to international and domestic insurers.

Market recognition

  • A Leading Lawyer for ‘Brazil: Insurance & Reinsurance’
    “an experienced litigation lawyer”
    Who’s Who Legal 2017

Work highlights

  • Managed property and liability claim strategy related to a loss occurred due to a chemical products’ self-combustion. The event caused the filing of over 14,500 lawsuits in just 2 jurisdictions. Fabio’s strategy was able to significantly reduce the expectation of indemnifications. 
    Fabio directed the strategy for adjustment and litigation proceedings in a relevant operation risk police claim in the initial amount of 113 million USD, in which a landslide destroyed a major part of the insured facilities. 
  • Advised on the loss adjustment of a directors and officers claim and issuance of a legal position regarding the insurance coverage. Fabio analysed the harmful acts, the relation between the details of the claims and the insureds liability for proceedings related to a major corruption scheme in a car wash operation.
  • Successfully instructed on the loss adjustment of the directors and officers claim and issued a legal position regarding a significant rupture that caused an event with estimated matter value starting at over 32 million USD. Fabio conducted an extensive analysis of legal issues regarding liability, claims and proceedings.

     

“an experienced litigation lawyer”

Who’s Who Legal 2017