Brazil's revolutionary Insurance Act (Law 15,040) fundamentally reshapes insurance and reinsurance operations with tacit acceptance provisions, revamped arbitration rules, enhanced reinsurer liability for cedant admin slip ups, and potential conflicts with existing reinsurance law.
Following a recent country visit and talks with local players, Axco's own researcher explains in details the new regulations and the implications that the new Act may surface.
Essential reading for international reinsurers, insurers and brokers navigating Brazil's transformed regulatory landscape and operational requirements from December 2025.
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