Global Trade Alert
Global Trade Alert

Brazil: Liberalization of the reinsurance market

Announcement

20 Dec 2017

The Government of Brazil eliminated the limits on risk cession between reinsurers authorised to operate within Brazil and their affiliated companies registered elsewhere, as well as, the market reserve in favour of the domestic reinsurers.

Source

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

22 Dec 2017

Revocation date:

No revocation date

Announced: 20 Dec 2017
FDI: Treatment and operations, nes In force
On December 20, 2017, the National Council of Private Insurance issued Resolution 353 eliminating the limits on risk cession between reinsurers authorised to operate within Brazil and their affiliated...
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