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Brazil should revamp rules that impede reinsurers from effectively spreading risk.

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  • Additional Information
    • Subject Terms:
      BRAZIL
    • Subject Terms:
      ASSOCIATION of Bermuda Insurers & Reinsurers (Organization)
    • Subject Terms:
      KADING, Bradley
    • Abstract:
      The article presents views of Bradley Kading, president of the Association of Bermuda Insurers and Reinsurers, on the reconstruction of Brazil's regulation that hinders reinsurers from effectively spreading risk. He states Brazil and Argentina have destructive protectionist legislation. It also mention several cautions included in Brazilian reinsurance business like hidden flood risk and non familiarity of buyers with loses.