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
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
Implementation date
22 Dec 2017
Revocation date:
No revocation date
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 affilia...
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