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Results: 1-10 of 19
Costa Rican INS revives international expansion plans; double-digit market growth in Ecuador and Peru; IRB earnings decline 55.7 in Brazil
- Edwards Wildman Palmer LLP
- -
- Brazil, Costa Rica, Ecuador, Peru
- -
- September 3 2009
As reported previously in this space, Costa Rica’s Instituto Nacional de Seguros’ international expansion plans were put on hold in May 2009 when the nation’s Comptroller General took the position that the INS was empowered only to partner with, not acquire or establish, foreign companies
Porto Seguro and Itau Unibanco agree to merge residential and automobile insurance operations; Sul America and Bradesco next?
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- August 27 2009
One of Brazil’s largest insurers, Porto Seguro S.A. (“Porto Seguro”), and one of the country’s leading private banks, Itau Unibanco Holding S.A. (“Itau Unibanco”), recently announced an agreement to merge their residential and auto-insurance operations
Brazilian market shows microinsurance promise, but regulation lags behind
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- September 15 2009
Brazil’s insurance regulator, SUSEP, recently indicated that the timeline for microinsurance legislation has been further extended
Gross written premiums up 30.4 in November; regulator anticipates 16-20 growth in insurance market in 2010
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- December 24 2009
Susep recently reported that gross written premiums for November 2009 were up 30
Standard & Poor’s releases report on Brazilian reinsurance market
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- September 28 2009
Standard and Poor’s recently released a report on the Brazilian reinsurance market entitled "Brazil’s Reinsurance Market: What Has Changed in the Past Year?"
Susep predicts that microinsurance law will pass before April; study suggests that country could see 33 million new microinsurance customers
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- December 28 2009
Susep’s superintendent, Armando Vergilio dos Santos, recently stated that he expects the country’s proposed microinsurance law to be approved before April 2010
Latin America's largest insurance market slows with global economic downturn, but continues to grow with positive signs for the future
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- September 3 2009
Brazil is by far the largest insurance market in Latin America, representing more than 40 of the gross written premiums in the region
NAIC announces new cooperation agreement with Brazil
- Edwards Wildman Palmer LLP
- -
- Brazil, USA
- -
- December 8 2009
On Saturday, December 5, 2009, the National Association of Insurance Commissioners (“NAIC”) announced that U.S. insurance regulators entered into a Memorandum of Understanding (“MoU”) with the Agencia Nacional de Saude Suplementar (ANS), Brazil’s Insurance Regulator for Health Plans and Health Insurance, during the NAIC Winter Meeting
Total premiums off nearly 5 in September
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- December 14 2009
When comparing September 2009 to September 2008, total premiums in the Brazilian insurance market were down 4.81 (US$ 1.42 billion), down to US$ 29.58 billion to US$ 28.16 billion
ACE becomes sixth local reinsurer
- Edwards Wildman Palmer LLP
- -
- Brazil
- -
- December 15 2009
ACE, through its local subsidiary ACE Resseguradora, recently received authorization as the sixth local reinsurer in the Brazilian reinsurance market
Current Search
- Author - M Machua Millett
- Jurisdiction - Brazil
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