International Forum on Positioning for Success in the

Brazilian Reinsurance Market

Wednesday, September 24, 2008

About

The growth potential of the Brazilian reinsurance market is well documented, and several foreign reinsurers have already commenced operations since the January 2008 opening of the market. As the market matures and competition increases, expected and unanticipated regulatory and operational challenges continue to surface. In this evolving environment, it is an absolute imperative that you craft comprehensive and secure agreements; implement forward-looking operational procedures; and tailor your operations to the idiosyncrasies of the Brazilian marketplace.

This publication from the American Conference Institute's Brazilian Re Event provides you with the tools and strategies you need to overcome regulatory hurdles and develop durable operations in this evolving regulatory regime. Our exceptional faculty of top reinsurance, legal and operational experts provide the latest information on:

  • Navigating the key provisions of Complementary Law N° 126
  • What you must consider before applying as a local, admitted or eventual reinsurer
  • Crafting claims control and claims cooperation clauses under the new regulatory framework
  • Gain insight from industry leaders on how to ensure competiveness and negotiate with Brazilian carriers
  • Capitalizing on the emergence of new market segments including captive reinsurance, D&O, and Life Reinsurance
  • How the future of the IRB will impact market stability and growth

Contents & Contributors

About

The growth potential of the Brazilian reinsurance market is well documented, and several foreign reinsurers have already commenced operations since the January 2008 opening of the market. As the market matures and competition increases, expected and unanticipated regulatory and operational challenges continue to surface. In this evolving environment, it is an absolute imperative that you craft comprehensive and secure agreements; implement forward-looking operational procedures; and tailor your operations to the idiosyncrasies of the Brazilian marketplace.

This publication from the American Conference Institute's Brazilian Re Event provides you with the tools and strategies you need to overcome regulatory hurdles and develop durable operations in this evolving regulatory regime. Our exceptional faculty of top reinsurance, legal and operational experts provide the latest information on:

  • Navigating the key provisions of Complementary Law N° 126
  • What you must consider before applying as a local, admitted or eventual reinsurer
  • Crafting claims control and claims cooperation clauses under the new regulatory framework
  • Gain insight from industry leaders on how to ensure competiveness and negotiate with Brazilian carriers
  • Capitalizing on the emergence of new market segments including captive reinsurance, D&O, and Life Reinsurance
  • How the future of the IRB will impact market stability and growth

Contents & Contributors

BRAZILIAN REINSURANCE MARKET LIBERALIZATION
Marc Poliquin, ACE Brazil (Miami)

ENTERING THE BRAZILIAN REINSURANCE MARKET: WHAT MUST BE CONSIDERED TO LAUNCH AND MAINTAIN A SUCCESFUL REINSURANCE OPERATION IN BRAZIL
Bernardo Botero M., Aon Re Colombia Ltda. (Bogotá)

ENTERING THE BRAZILIAN REINSURANCE MARKET: “PERSPECTIVES OF A RATING AGENCY”
Franklin Santarelli, Fitch Ratings’ Latin America Financial Institutions Group (New York)

BRAZILIAN INSURANCE MARKET SNAPSHOT
Maria Elena Bidino, Brazilian National Federation of Insurance Companies (Rio de Janeiro)

BRAZILIAN REINSURANCE REGULATORY FRAMEWORK
Murilo Chaim, Superintendency of Private Insurance (Rio de Janeiro)

REINSURANCE REGULATION
João Marcelo Santos, Demarest e Almeida (Sao Paulo)

ENSURING COMPETITIVENESS AND MEETING MARKET REQUIREMENTS WHEN NEGOTIATING WITH BRAZILIAN CARRIERS
Salvatore Orlando, Partner Reinsurance Europe Limited (Zurich)

ENSURING COMPETITIVENESS AND MEETING MARKET REQUIREMENTS WHEN NEGOTIATING WITH BRAZILIAN CARRIERS
Bruno de Almeida Camargo, ITAU XL (Sao Paulo)

ENSURING COMPETITIVENESS AND MEETING MARKET REQUIREMENTS WHEN NEGOTIATING WITH BRAZILIAN CARRIERS
Ronald L. Poon Affat, Munich Re (Sao Paulo)

SELECTING THE RIGHT CLASSIFICATION FOR THE LONG-TERM SUCCESS OF YOUR REINSURANCE OPERATIONS
Marcelo Mansur Haddad, Mattos Filho, Veiga Filho, Marrey Jr. e Quiroga (Sao Paulo)

ACCESSING BRAZIL’S REINSURANCE MARKET: “OPPORTUNITIES, COSTS, BENEFITS”
William C. Marcoux, Dewey & LeBoeuf (London)

DEVELOPING A CORPORATE STRATEGY FOR OPERATING AS A LOCAL OR ADMITTED REINSURER
Carlos Caputo, XL Re Latin America (Rio de Janeiro)

TAILORING YOUR REINSURANCE AGREEMENTS AND CLAIMS PRACTICES TO THE BRAZILIAN LANDSCAPE
Kurt Müller, Munich Re (Sao Paulo)

TAILORING YOUR REINSURANCE AGREEMENTS AND CLAIMS PRACTICES TO THE BRAZILIAN LANDSCAPE
Elizabeth Leonhardt, Clyde & Co (London)

INTERNATIONAL REINSURANCE ARBITRATION
Celso de Azevedo, Clausen Miller LLP (London)

RESOLVING DISPUTES: ARBITRATION AND THE USE OF BRAZILIAN COURTS
Luiz Felipe Conde, Pellon & Associados (Rio de Janiero)