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  • Article

    Foreign Reinsurers Receive Greater Access To Brazilian Market

    As of Sunday January 17, 2010, foreign reinsurers will be permitted access to a larger portion of the Brazilian reinsurance market as local reinsurers' right of first refusal will be reduced from 60% of risks in the market to only 40%.
    BrazilInsurance
    Edwards Angell Palmer & Dodge LLP
    Edwards Angell Palmer & Dodge LLP
  • Article

    SUSEP e CNSP publicam novas regras para seguros e resseguros

    Como já era aguardado pelo mercado, entre as últimas duas semanas de dezembro/2017 e as primeiras de janeiro/2018, foram publicadas novas regras para seguros e resseguros...
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    IRB Maintains Local Reinsurance Market Share Of 78.5%, But Earnings Down 58.5% For First Eight Months Of 2009

    IRB-Brasil Re, the government-controlled former monopoly holder in Brazil's reinsurance market has maintained a 78.5% share of the market's local reinsurance premiums since the market's opening, but perhaps at a significant cost to its bottom line.
    BrazilInsurance
    Edwards Angell Palmer & Dodge LLP
    Edwards Angell Palmer & Dodge LLP
  • Article

    New Cap To SUSEP′s Sanctions

    The fines imposed by the Brazilian Superintendence of Private Insurance will be capped at three million reais (R$3,000,000.00).
    BrazilInsurance
    Trench Rossi Watanabe Advogados
    Trench Rossi Watanabe Advogados
  • Article

    Corporate Insurance Advent Calendar - Corporate Scandals In Brazil Will Drive Growth In Financial Lines

    If the scandal has weakened the strength of the Brazilian oil and gas market, it has also pointed towards the importance of buying insurance to cover the civil liability of one's employees and directors.
    BrazilInsurance
    Clyde & Co
    Clyde & Co
  • Article

    Novos rumos: SUSEP tem nova superintendente

    Na última sexta-feira, 22/03/2019, a economista Solange Paiva Vieira tomou posse como a nova superintendente da Superintendência de Seguros Privados (SUSEP).
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    Aberta Consulta Pública para permitir que as entidades fechadas de previdência façam resseguro

    Por meio do Edital SUSEP nº 006, de 30/07/2019, foi colocada em Consulta Pública minuta de Resolução para alteração da Resolução CNSP nº 168/2007, que dispõe sobre a atividade de resseguro,
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    SUSEP determina que alguns atos societários dependem de sua prévia fiscalização

    Conforme o art. 1º, §1ª do Anexo II da Resolução CNSP nº 330/2015, alguns atos societários dependem de prévia aprovação da Susep antes de serem efetivamente modificados.
    BrazilInsurance
    TM Law
    TM Law
  • Article

    Brazilian Insurance Regulator Publishes Guidelines On Sustainability Requirements For The Insurance Sector

    On 29 June 2022, the Brazilian Superintendence of Private Insurance published Regulation No. 666/2022, setting forth sustainability requirements applicable to the Brazilian insurance sector.
    BrazilInsurance
    Mayer Brown
    Mayer Brown
  • Article

    CADE Recommends The Opening Of Investigations In The Insurance Industry

    It seems likely that SDE will open a preliminary investigation, by means of which it will try to gather facts and information concerning the alleged practices.
    BrazilInsurance
    Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados
    Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga Advogados
  • Article

    Instaurada Consulta Pública para revisão da Resolução CNSP nº 168/2007 - Mudanças na colocação de resseguro

    Por meio do Edital SUSEP nº 006, de 30/07/2019, foi colocada em Consulta Pública minuta de Resolução para alteração da Resolução CNSP nº 168/2007, que dispõe sobre a atividade de
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    Draft Reinsurance Regulations Released In Public Hearing

    On October 16, 2007, SUSEP, the Brazilian insurance supervisory body, disclosed new draft regulations regarding reinsurance in Brazil and submitted them to a public hearing.
    BrazilInsurance
    Felsberg e Associados
    Felsberg e Associados
  • Article

    Resolution Eliminating The Limits On Intragroup Reinsurance And Retrocession Transactions And The Market Reserve Was Published

    The much-expected CNSP Resolution no. 353 that eliminates (i) the limits on risk cession between Brazilian cedents and affiliated companies or companies in a same financial conglomerate based abroad; and ...
    BrazilInsurance
    Santos Bevilaqua Advogados
    Santos Bevilaqua Advogados
  • Article

    Solução De Consulta COSIT Nº 91/2018 Altera Tratamento Tributário De Resseguradores

    No início do mês de agosto, atendendo em grande parte aos anseios do mercado, a Receita Federal do Brasil (RFB), através da Solução de Consulta COSIT nº 91/2018,
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    Latin American Insurance And Reinsurance 2009 In Review: Liberalization, Development And "Reform" In The Face Of The Global Economic Downturn

    2009 was an eventful year for the Latin American (re)insurance markets, with local factors and varying exposures to the global economic downturn leading to tremendously different results, trends and regulatory initiatives in the various countries.
    BrazilInsurance
    Edwards Angell Palmer & Dodge LLP
    Edwards Angell Palmer & Dodge LLP
  • Article

    Seguros E Resseguros: Portaria MF Nº 213/2018 Promove Alterações No CRSNSP

    Com o objetivo de propiciar maior celeridade no julgamento dos recursos, além de incorporar as medidas referentes à adoção de processos eletrônicos ...
    BrazilInsurance
    TozziniFreire Advogados
    TozziniFreire Advogados
  • Article

    The New Brazilian Rules For Calculation Of The Adjusted Net Worth Required From Insurance Companies And Local Reinsurers

    On December 23, 2013, the new Resolution No. 300 of the National Council of Private Insurance (Conselho Nacional de Seguros Privados - "CNSP") was published by the Brazilian insurance and reinsurance agency, the Superintendence of Private Insurance (Superintendência de Seguros Privados - "SUSEP").
    BrazilInsurance
    Demarest
    Demarest
  • Article

    Amendments To Resolution CNSP No. 168/07 Regarding Ceding Risk And Preferred Offer

    At the end of last year, the Conselho Nacional de Seguros Privados[1] (CNSP) reformulated important rules regarding the intragroup reinsurance ceding and the preferential ...
    BrazilInsurance
    TM Law
    TM Law
  • Article

    Subsea de Mero impulsiona mercado de seguros em 2019

    O mercado de seguros no setor de óleo e gás será impulsionado este ano pelo projeto de interligação submarina do campo de Mero e pela revisão do programa operacional da Petrobras,
    BrazilInsurance
    Kincaid | Mendes Vianna Advogados
    Kincaid | Mendes Vianna Advogados
  • Article

    Very Important Brazilian Regulatory Change To Foreign Reinsurers

    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;
    BrazilInsurance
    Santos Bevilaqua Advogados
    Santos Bevilaqua Advogados

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