183 results found

insurance companies to cede to occasional reinsurers up to 95% of the total amount of the premiums ceded in reinsurance, based on all their operations in each calendar year;

The Superintendence of Private Insurance ("Susep") exercises regulatory and supervisory authority over some segments of insurance, open private pension funds and capital markets in Brazil.

A Superintendência de Seguros Privados, através da referida circular, determinou que o período de recadastramento para as sociedades corretoras será de 1 de julho de 2019 a 31 de dezembro de 2019...

With the imminent opening of the reinsurance market, the professionals operating in the Brazilian insurance market are envisaging an array of opportunities. Nonetheless, they are somewhat perplexed by the challenge of defining a new regulation and establishing procedures appropriate to structure and manage reinsurance programs and contracts.

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

On December 26, 2006, the National Private Insurance Council ("Conselho Nacional de Seguros Privados" – CNSP), the government agency responsible for insurance and private pension plan policies in Brazil, issued CNSP Resolution no. 155, establishing more rigorous rules on the minimum capital requirements companies must meet to be authorized to operate as insurers.

Rectifying Art. 2 of CNSP Resolution, of 8/28/2019 on the Internal Regulation of the Private Insurance Superintendence - (SUSEP) now reads as follows:

The Superintendent of the Private Insurance Superintendence (SUSEP) extended the term of SUSEP Public Inquiry no. 8/2018

The pandemic that hit the world has generated an unprecedented amount of regulatory and institutional emergency initiatives

On 8/7/2019, SUSEP issued SUSEP/DIR2/CGCOM Circular Letter no. 6 that explains the clauses of insurance contracts providing for violation of laws or rules on embargoes or economic

The 3rd Chamber of the Brazilian Superior Court of Justice (STJ) has ruled that the time limit for the filing of a lawsuit by the insurer against its reinsurer is one year.

Starting April 15th, 2008, the Brazilian reinsurance market will be open to foreign and domestic competitors. IRB Brasil Re, until now the only authorized reinsurance entity, will lose its statutory monopoly. Susep (Private Insurance Superintendency) will regulate the reinsurance market (which covers both reinsurance and retrocession, usually involved in large policies).

Amends SUSEP Circular no. 435/2012, which, among other matters, provides for the conditions for the formation, organization, operation, and dissolution of self-regulating entities

Em sessão realizada em 11/04/2018, a 2ª seção do Superior Tribunal de Justiça (STJ) editou uma nova súmula, que assim dispõe: "Aplica-se o Código de Defesa do Consumidor ...

On June 2, 2023, the Supreme Federal Court (STF) concluded the trial of ADIs No. 5835, 5862, and ADPF 499, to determine the location for the collection of ISS (Service Tax)...

La profesión de corredor de seguros está experimentando una fase de transición en el sistema jurídico brasileño.

This Provisional Measure entered into effect on April 4, 2012.