Latam Insurance and Reinsurance Hub in Brazil

Santos Bevilaqua is working together with SUSEP (the Brazilian Insurance Supervisor) and the Brazilian Reinsurance Companies Association, on the elaboration of new regulations to develop a Latam insurance and reinsurance hub in Brazil. The firm has discussed the new resolution on risk transfers from abroad to Brazilian local reinsurers, likely to be issued in September 2018. The firm is also discussing changes in the regulations to make feasible the securitization of risks through insurance linked securities in Brazilian capital markets.