Vale Agrees to Pay Settlement of $7 Billion for Brazilian Mine Disaster in 2019 February 4, 2021 By James Attwood Vale SA reached a settlement agreement with Brazilian authorities for a dam collapse that killed 270 people and led to...
Brazilian Dam Claimants to Take BHP Class Action to English Court of Appeal February 3, 2021 Lawyers for about 200,000 Brazilian claimants, whose multi-billion dollar lawsuit against Anglo-Australian miner BHP over a 2015 dam collapse was...
Pro Global Expands in Latin America with Brazil Office January 7, 2021 Global re/insurance outsourcing and consulting specialist Pro Global Holdings Ltd. (Pro) announced the expansion of its services within Latin America...
Brazil Petrochemical Company Braskem Settles Lawsuits over Sinking City for $1.75B January 4, 2021 BRASILIA – Brazilian petrochemical company Braskem SA said on Wednesday it reached a 9.1 billion reais ($1.75 billion) deal to...
Miner BHP Calls $6.3B English Lawsuit over Brazil Dam Collapse ‘Pointless and Wasteful’ July 22, 2020 By Kirstin Ridley and Zandi Shabalala Anglo-Australian miner BHP has dismissed as pointless and wasteful a 5 billion pound ($6.3 billion) English lawsuit by 200,000 Brazilian...
Anglo-Australian Miner BHP Faces $6.3B Lawsuit in UK over 2015 Brazil Dam Disaster July 15, 2020 By Kirstin Ridley More than 200,000 Brazilian people and groups will next week kick off a 5 billion-pound ($6.3 billion) lawsuit against Anglo-Australian...
Allianz Acquires P/C, Auto Insurer from Brazil’s SulAmérica for Nearly $600M July 13, 2020 Allianz has finalized the acquisition of the automobile and other property & casualty business from SulAmérica in Brazil. This follows...
Global Institutional Investors, Including Insurers, Urge Brazil to Control Deforestation June 24, 2020 By Jake Spring A group of 29 global investment firms that manage $3.7 trillion are demanding meetings with Brazilian diplomats around the world...
Insurtech Trov Partners with LatAm Insurer Sura to Bring On-Demand Insurance to Brazil May 28, 2020 Trov, the San Francisco-based insurtech company, is partnering with Latin American insurer Seguros Sura to bring on-demand insurance products to...
Brazil Reinsurer IRB Eyes Purchase of Foreign Competitors’ Portfolios: Sources May 22, 2020 By Aluísio Alves Brazilian reinsurer IRB Brasil Resseguros SA is in advanced negotiations to buy rivals’ portfolios in Brazil and elsewhere in Latin...