NU Online News Service, April17, 3:40 p.m. EDT
Lloyd's said it is opening its office in Brazil today, a year after receiving approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in the country.
Located in Rio de Janeiro, Lloyd's Brazil will allow syndicates and managing agents to offer reinsurance in the country, Lloyd's said. The operation, it noted, already has two syndicates with a permanent local presence–Liberty and Marlborough–with a third, Catlin, already established in Sao Paulo.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
