Santos Bevilaqua Newsletter – March 2018

INSURANCE AND OPEN SUPPLEMENTARY SOCIAL SECURITY

1)Private Insurance Superintendence - SUSEP ADMINISTRATIVE RULE No. 7070, OF 3/2/2018

Under SUSEP Administrative Rule no. 7070, of March 2, 2018, published ton March 7, in the Federal Official Journal (DOU), the Private Insurance Superintendence set up a special commission to discuss the current model of Compulsory Insurance against Personal Injury caused by Land Vehicles (DPVAT). SUSEP made such decision after the internal work groups, created in 2015 and 2016, sent it proposals to discuss issues related to the DPVAT.

The special commission will be composed of the Superintendent of SUSEP, and one representative of each of the following entities: the Solvency Board, the Conduct Supervision Board, the Private Insurance Organization System board, the Federal Prosecution Office for SUSEP; the Economic Policy Department (SPE) of the Ministry of Finance; the National Consumer Protection Department (Senacon);