XL Re enters Brazil as local reinsurer

Posted on : 2008-12-10

XL Capital’s global reinsurance arm, XL Re, has received the green light from regulators to enter the Brazilian marketplace as a local reinsurer incorporated in Brazil and regulated by the country’s authorities. This follows on from events in the middle of 2008, when XL Re acquired permission to enter the Brazilian market as an admitted reinsurer, [...]