Reinsurance News
Brazil
Aon appoints Fabio Martinez as Head of Health & Talent, Brazil
20th March 2026
Global insurance and reinsurance broking group Aon has announced the appointment of Fabio Martinez as Head of Health & Talent for Brazil. In his new role, Martinez will lead the health and talent strategies of Aon’s Brazilian operations, supporting clients in an increasingly volatile business environment marked by complex and interconnected ... Read the full article
DUAL and SCOR team up to expand corporate insurance capacity in Brazil
13th February 2026
DUAL, one of the world’s largest Managing General Agents (MGAs) and part of Howden, has partnered with global reinsurer SCOR to bring enhanced capacity to the Brazilian corporate insurance market. Under the agreement, DUAL Brazil and SCOR will reportedly offer capacity across Property, Casualty, Professional Indemnity (PI) and Directors & Officers ... Read the full article
MNK International launches new Brazil brokerage led by Sergio Clark
9th February 2026
MNK International, a leading independent Lloyd’s of London broker and part of the MNK Group, has announced the launch of MNK International Brazil, a new brokerage offering re/insurance solutions, led by CEO Sergio Clark and International Director Alexandre Dabus. Headquartered in São Paulo, MNK International Brazil will reportedly help Brazilian clients ... Read the full article
AM Best raises ratings for Junto Re and Junto Seg, sets stable outlook
24th November 2025
Credit rating agency AM Best has raised the Financial Strength Rating of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) to A (Excellent) from A- (Excellent). The Long-Term Issuer Credit Ratings were also lifted to “a” (Excellent) from “a-” (Excellent). Both firms, headquartered in Brazil and collectively known ... Read the full article
Brazil’s insurance reforms signal major institutional shift amid economic slowdown: AM Best
13th October 2025
AM Best, the credit rating agency, states that Brazil’s sweeping reforms to its insurance regulatory framework represent a major institutional shift, steering the country’s insurance market toward greater professionalism, stronger consumer safeguards, and closer alignment with international standards. In its latest commentary, “Balancing Reform and Restraint: Brazil’s Insurance Overhaul Amid Economic ... Read the full article
Acrisure launches brand in Brazil with Ximenez as Head of Reinsurance
8th October 2025
Isabella Costa Ximenez has been appointed as Executive Director, Head of Reinsurance of Acrisure Brasil Corretora de Resseguros LTDA. Her appointment coincides with the official launch of the Acrisure brand in Brazil, and marks Acrisure Re’s first investment in Latin America, highlighting its commitment to strengthening its reinsurance presence in the ... Read the full article
AM Best maintains negative outlook on Brazil’s reinsurance market
18th August 2025
Credit rating agency AM Best has announced it is maintaining a negative outlook on Brazil’s reinsurance market segment, citing political uncertainty and tax reform measures that are pressuring the industry’s profitability. The report noted that regulatory restrictions on foreign assets have limited domestic reinsurers’ growth abroad, in addition to the approaching ... Read the full article
IRB(Re) sponsors Brazil’s inaugural ILS transaction, R$33.7m Andrina
30th May 2025
Brazilian reinsurer IRB(Re), via its wholly owned subsidiary, Andrina Special Purpose Insurance Entity (SSPE), has issued the first insurance-linked securities (ILS) transaction in the country, a R$33.7 million transaction (USD 5.9m) covering risks related to the reinsurer's surety bond portfolio. This issuance of the first ILS transaction in Brazil comes after ... Read the full article
Brazil faces intensifying climate risks as insurance sector adapts to shifting weather patterns: Howden Re
8th May 2025
Howden Re, the reinsurance and strategic advisory division of Howden, has launched its fourth edition of the Brazil and Global Climate Impacts report, created in collaboration with MeteoIA, a climate analytics firm. This latest report provides an in-depth look at Brazil’s changing climate patterns, offering a review of the last quarter’s ... Read the full article
IRB Re gets first ILS structure in Brazil approved by regulator
9th December 2024
The Brazilian insurance regulator, Superintendence of Private Insurance (SUSEP), has approved the country's first insurance-linked securities (ILS) structure, Andrina, sponsored by IRB Re. The authorisation allows Andrina Sociedade Seguradora de Propósito Específico, or Andrina Special Purpose Insurance Company, to issue Letra de Risco de Seguro (Insurance Risk Letters), the designated term ... Read the full article
IRB (Re) identifies Brazil’s insurance coverage gap as a key opportunity: Goldman Sachs
25th November 2024
Brazilian reinsurer IRB (Re) views Brazil’s insurance coverage gap as a significant long-term opportunity, according to Goldman Sachs, following a meeting with IRB CEO Marcos Falcão and Head of Investor Relations Natasha Nakagawa on November 18, 2024. The climate events in Brazil in 2024, including floods in the South and droughts ... Read the full article
Insurance broker INTERprotección opens office in São Paulo, Brazil
4th November 2024
INTERprotección, the largest insurance broker in Latin America, has opened its new office in São Paulo, Brazil, reinforcing the company's commitment to offer a close and personalised service across the Brazilian market, as well as continuing its growth alongside its clients. The company's new headquarters are located in the Faria Lima ... Read the full article
Catastrophe re/insurance demand in Brazil to grow following Rio Grande do Sul floods: S&P
17th October 2024
Demand for reinsurance and insurance catastrophic coverage in Brazil is expected to grow following the floods that struck the Brazilian state of Rio Grande do Sul earlier this year, says S&P Global Ratings. In a new report, S&P noted that while it does not expect the floods to significantly dent Brazilian ... Read the full article
Aon & Future Climate collaboration to strengthen voluntary carbon market
30th August 2024
Global insurance and reinsurance broking group Aon is collaborating with Future Climate to build a robust marketplace in order to support scaling of the voluntary carbon market (VCM) and project development. From what we understand, this will mean that any buyer will be able to take out an insurance policy to protect ... Read the full article
AM Best maintains negative outlook for Brazil reinsurance market
6th August 2024
AM Best is maintaining a Negative segment outlook for Brazil’s reinsurance market until favourable performance trends can be sustained. AM Best’s recent report identifies strict regulations on foreign assets as a major factor contributing to this negative outlook. These restrictions have limited the growth of domestic reinsurers internationally. Although domestic reinsurers are ... Read the full article





