Brazil: New categories for reinsurers

B eatriz da Costa Viellas, resident Counsel at the London representative office of Brazilian law firm Amaral Gurgel Advogados, looks at the capital and other requirements for the three categories of foreign reinsurers allowed to operate in Brazil. In the last issue of WIR , Ms da Costa Viellas outlined the regulatory framework which will govern the soon-to-be liberalised Brazilian reinsurance market