Menu

PublicationsPapers

Brazilian Insurers Rocked By Susep’s Muddled Sanctions Ruling

11 de September de 2019
By Ana Paula CostaJoão Marcelo dos Santos

In July 2019, the Brazilian insurance regulator, SUSEP, issued an update on the embargoes and sanctions clauses of Brazilian insurance contracts which has caused a major stir among Brazilian insurers.

“The initial trigger and background to this story was a specific case involving the Cuban beneficiary of a travel insurance policy. Anyway, as a result of the ruling, that is applicable to all the insurance policies to be issued in Brazil, Brazilian insurers may be held widely responsible for sanctions violations.

Click here to read the full article.

Share

Related posts

COVID-19 – The Case for Covering Uncovered Events in Personal Insurance

22 de September de 2023

COVID-19 is one of the most challenging events for humanity, its welfare and protection systems since we began writing history. The lack of paradigms and […]

Read more

Ten Years of the Opening of the Brazilian Reinsurance Market – Lessons and Perspectives

26 de January de 2017

Ten years ago Supplementary Law no. 126/2007, the landmark of the Brazilian insurance market opening, was published. And despite all problems that obviously result from […]

Read more

New Brazilian Reinsurance Rules – A Change In Course

01 de October de 2015

Our partner João Marcelo dos Santos had an article published on the Mondaq.com website, on September 2, 2015, published New Reinsurance Rules – A Change […]

Read more
Santos Bevilaqua Advogados

Work with us

Click here to submit your resume.