Where to site Re centre?

Brazil’s National Private Insurance Council is due to release the draft of a resolution to regulate reinsurance business in the country in 2008, but the cities of Sao Paulo and Rio de Janeiro are already in fierce competition to be the centre of the market

Reinsurers and municipal authorities in Sao Paulo and Rio de Janeiro – Brazil’s main economic centers, have failed to reach agreement on the location of an international reinsurance centre in Brazil.