Announcement
06 Dec 2010
The Brazilian Government has abolished the system of preferential offering to local reinsurers and has created a market reserve.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Mar 2011
Revocation date:
31 Dec 2016
Announced: 06 Dec 2010
FDI: Treatment and operations, nes
On December 6, 2010, the National Council of Private Insurance from Brazil issued Resolution 225 obliging foreign reinsurers to place 40% of any reinsurance coverage with local reinsurers. Previously,...
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