Reinsurance: Brazil - Tempting Fate
May 24, 2007
With the Brazilian reinsurance market poised to open up to international players, Iwam Jaeger Jr and Celso de Azevedo detail the regulatory changes and urge interested parties to make their views heard before it is too late.
The government is actively promoting major development of Brazil's infrastructure and, in order to attract foreign investment after nearly 70 years, Brazil's reinsurance market is being opened up to international reinsurers. There is a huge potential for growth but international reinsurers, including those already active locally, may miss out on new op-portunities if they do not actively engage with the new Brazilian regulators overseeing the changes.
Reinsurance: Brazil- Tempting Fate -Post Magazine
