3 February 2014
As you may be aware, the Brazilian insurance regulatory body (SUSEP) has posted the draft of a new Circular regarding D&O Liability insurance policies for public consultation.
In an effort to build up a continuous and fruitful relationship with the foreign insurance/reinsurance market, please find attached an English version of the draft. Please note that this is not intended to be an official translation of the draft Circular, nor have we included any comments. Nevertheless, we will be most happy to share any thoughts and to participate in any discussions concerning this subject-matter, and we remain at your disposal for this purpose.