Swiss Re joins foreign admitted reinsurers in Brazil

There are about 15 foreign reinsurers operating under Brazil’s new reinsurance laws • Brazilian life insurance market gains 13% • Swiss reinsurer Glacier Re enters Latin America with Buenos Aires office

Beat Strebel, Swiss Re’s chief executive for Latin American operations, confirmed that his company has been licensed as an admitted reinsurer in Brazil, with a representative office in Sao Paulo.