Reuters: Aon Alleges Fraud in $300M Brazilian Deal with Broker Admix March 10, 2020 By Tatiana Bautzer British insurance broker Aon Plc has accused the founder of Brazilian health and benefits insurance broker Admix of defrauding it...
Brazil Insurer Caixa Seguridade Postpones IPO on Coronavirus Worries: Sources March 10, 2020 By Carolina Mandl and Aluísio Alves Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the...
AM Best Puts Ratings of Brazil Reinsurer IRB Under Review on Governance Issues March 9, 2020 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
SCOR Buys Majority Stake in Brazil MGA with Agricultural Specialty February 14, 2020 Global reinsurer SCOR said it has acquired a majority stake in AgroBrasil, an MGA focused on distributing fruit and grain...
Tokio Marine to Pay US$374M for Insurance Joint Venture with Brazil’s Caixa Bank January 7, 2020 Tokio Marine Holdings Inc. announced it will pay 1.52 billion reais (US$374 million) to form a joint venture to sell...
Brazil State Lender Caixa Gets Ready for IPO of Insurance Unit January 7, 2020 By Carolina Mandl and Tatiana Bautzer Brazilian state lender Caixa Economica Federal has chosen the bank syndicate that will manage the initial public offering (IPO) of...
Markel International Sells Brazilian Insurance Business to Executive Team October 2, 2019 Markel International, the London-based specialist insurer and subsidiary of Markel Corp., announced that it has sold its insurance operations in...
Brazil’s Argo Seguros Appoints Queiroz from Swiss Re as CEO April 26, 2019 Argo Seguros, the Brazilian underwriter of specialty insurance and reinsurance products and a member of Argo Group, announced the appointment...
Brazil’s Caixa Economica Mulls Strategic Partners for Insurance, Asset, Card Units April 1, 2019 By Carolina Mandl Brazil’s Caixa Economica Federal is mulling strategic partnerships for its credit card, asset management and insurance units before taking them...
Brazil’s Caixa Aims to Raise $3.9B via Listings of Units, Including Its Insurer: Report March 11, 2019 State-owned Brazilian bank Caixa Economica Federal is hoping to raise 15 billion reais ($3.88 billion) through the listing of four...