Latin America
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Buyers still worried about limited capacity as Argentina launches new rules
Argentina’s much discussed new reinsurance market rules kicked in on September 1 with seven companies authorised to sell coverage in…
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Brazilian reinsurer aims at global player status and defends new rules
The largest reinsurance company in Brazil, IRB Brazil Re, wants to expand its reach outside of the country’s borders and…
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CEA and other bodies up pressure on Argentina’s planned reinsurance rules
The CEA, along with 11 other international insurance, reinsurance and business associations, have written to the Insurance Superintendent of Argentina…
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Argentina addresses reinsurance capacity fears and gives guidance on new rules
The Argentinian government has announced that at least two foreign companies are likely to be operating in its reinsurance market…
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Market to maintain pressure on Brazil government over reinsurance rules
While European risk managers have called the recent reversal by the Brazilian government of a restrictive reinsurance regulation a ‘step…
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Changes to Brazilian insurance law welcome but not enough-FERMA
The Federation of European Risk Management Associations (FERMA) has welcomed recent amendments to a much-criticised reinsurance law in Brazil, but…
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Brazil reportedly backs down on reinsurance rules following buyer pressure
Following pressure from FERMA and other risk management and insurance associations the Brazilian government has partially backtracked on two heavily…
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FERMA wants planned Brazilian law withdrawn amid fears of capacity crunch
European risk managers have warned that new regulations due to kick in on 31 March in Brazil could reduce reinsurance…
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Brazilian risk consultancy launches Portuguese operations
A Brazilian-based risk consultancy has opened operations in Portugal in an attempt to carve out an opening in the European…
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Brazilian law postponement brings global programme issues to the fore
The implementation of a proposed Brazilian insurance law, resolution 224, that many observers believe will drive up the cost of…