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ARTICLE · 16 NOVEMBER 2018

Santos Bevilaqua Newsletter – October 2018

Published in the Federal Official Journal on 10/17/2018, CNSP Resolution no. 363 provides for the local reinsurers' acceptance ...

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Santos Bevilaqua Advogados
Santos Bevilaqua Advogados
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INSURANCE AND OPEN SUPPLEMENTARY SOCIAL SECURITY

1) National Council of Private Insurance - CNSP RESOLUTION No. 363, OF 10/11/2018

Published in the Federal Official Journal on 10/17/2018, CNSP Resolution no. 363 provides for the local reinsurers' acceptance of reinsurance and retrocession transactions of cedents abroad and the intermediation of the transactions.

Our Firm's partner João Marcelo dos Santos participated directly in the preparation of the Resolution as consultant of the National Association of Local Reinsurers (ANRE).

We highlight art. 10 of the Resolution, according to which the reinsurance and retrocession contracts of cedents based abroad accepted by local reinsurers and the retrocession contracts of cedents abroad reinsurance accepted by insurers are not subject to the provisions in Chapter VIII of CNSP Resolution no. 168/2007, which deals with Contracts and the compulsory clauses. This was the most important point to be addressed in the

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