Category Archives: (re) Insurance articles Brazil

Insurance Articles Brazil

Brazil’s Data protection Law will transform risk landscape

Posted on March 18, 2020 by

In 2018, the Brazilian Data protection law (Lei Geral de Proteção de Dados – LGPD) passed by the legislature and, in August 2018, the former Brazilian President – Michel Temer – assented to this law. The articles concerning the creation … Continue reading →

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Latin America – Regulatory Update

Posted on May 3, 2018 by

2017 was a notable year for the Latin American market, not only due to natural events that tested solvency and the ability to deliver on claims, but also because of regulatory developments in key markets. These are exciting times for … Continue reading →

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The fallout from Lava Jato

Posted on November 16, 2017 by

The Lava Jato money-laundering scandal has caused deep reverberations throughout the insurance industry. Alex Guillamont and Anna Weiss of Kennedys discuss its implications. What has been the fallout from the scandal and the effect on the insurance industry? Lava Jato … Continue reading →

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Evolving D&O landscape in Brazil

Posted on October 17, 2017 by

SUSEP Regulation 553/2017 On 23 April 2017, SUSEP, the Brazilian insurance authority, issued its suspension of Regulation 541/2016–its most recent regulations on D&O insurance. In its stead, SUSEP issued Regulation 553/2017, which aims to re-establish minimum requirements that D&O wordings … Continue reading →

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Operation Greenfield: a new watermark post-Lava Jato?

Posted on February 8, 2017 by

Towards the end of 2016, news broke of a Federal Police investigation designated Operation Greenfield, a major fraud investigation that the Brazilian press labelled the “new Lava Jato”. While the scale and potential ripple effects of this operation throughout the … Continue reading →

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The Outlook on the Economic Forecast for Brazil

Posted on October 10, 2016 by

The re-growth of the Brazilian economy depends on rebalancing the accounts in 2019. TM Law and Kennedys received the Brazilian Insurance Market leaders in an event held in São Paulo last week, to discuss the current economic situation and perspectives … Continue reading →

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Legal Alert – Susep extends percentage of reinsurance share for foreign Reinsurers

Posted on August 13, 2015 by

Brazilian regulator SUSEP increases percentage of reinsurance market share available to foreign Reinsurers from the current 60% to 85% On 20 July 2015, CNSP Resolution 322 was passed amending CNSP Resolution 168/2007 and repealing CNSP Resolution 232/2011 to the effect … Continue reading →

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