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Legal Update

Global Corporate Insurance & Regulatory Bulletin

December 2011
Mayer Brown Legal Update
A year after the enactment of Resolutions 223/2010 and 224/2010 by the Brazilian National Private Insurance Council (“CNSP”), Brazilian insurance regulators are pointing out that the number of local reinsurers (licensed to carryout reinsurance in Brazil) has doubled from 6 to 12.

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