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Interview - Bossanova with Brazil's new broom.
(From Reinsurance)
Following the sacking of the board of the state-run reinsurance monopoly because of allegations of corruption, the new president of the Reinsurance Institute of Brazil (IRB) says he has taken the first step toward liberalising the market.
In an interview with Reinsurance, Marcos Lisboa, who took over from the sacked Luiz Appolonio Neto in June, said he had already completed an internal investigation of the department following suspicions of a scheme for collecting funds for political parties, and has handed the dossier over to the Brazilian attorney general.
Mr lisboa, who is a highly regarded in Brazil as the ex-Secretary ...
- IRB Brazil Re To Sell Government's Stake In April 25 Auction.(Brief Article)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management LONKEVICH, DAN April 10, 2000 700+ words
IRB Brazil Reinsurance Company...years all insurers in Brazil will have to cede up...of their business to IRB Re. The reinsurer then...million) in 1998. Under Brazil's new reinsurance regulatory system, IRB Re was required to pay...
- Banco do Brasil negotiates for IRB-Brazil Re stake.
- Magazine article from: Global Banking News (GBN) October 20, 2009 700+ words
...Banco do Brasil negotiates for IRB-Brazil Re stake(C)2009 ENPublishing...seeking permission to buy a stake in IRB-Brazil Re, the country's formerly state...According to Banco do Brasil, IRB-Brazil Re is the largest reinsurance group...
- Brazil : IRB-Brasil Re prepares ERP tender.
- News wire article from: TendersInfo August 1, 2009 700+ words
Byline: pinto03 Brazil's federally controlled reinsurer IRB-Brasil Re will launch a tender...software maintenance services. IRB said it is seeking a solution...to be launched on August 10. IRB is Brazil's leading reinsurer, with...
- IRB privatization stalled, Gen Re exits Brazil.(International)(IRB Brasil...
- Magazine article from: Business Insurance May 17, 2004 700+ words
...the privatization of Brazil's monopoly reinsurer, IRB-Brasil Re, will...years, some because IRB remains Brazil's monopoly reinsurer...they add. Back then, Brazil's government said it would privatize IRB. Several reinsurers...
- Brazil Fast Food Completes Acquisition of IRB and Announces Financing...
- Press release article from: Business Wire December 18, 2008 700+ words
...the acquisition of IRB, Pizza Hut's largest franchise in Brazil, and entered into...The acquisition of IRB will transfer to the Brazil Fast Food's 2008...tax allocations of IRB's tax loss carry forwards. Brazil Fast Food paid $5...
- IRB Re Privatization Price Estimated To Be Up To $974 Million.(Brief Article)
- Magazine article from: National Underwriter Property & Casualty-Risk & Benefits Management LONKEVICH, DAN June 14, 1999 700+ words
IRB Re Brazil wouldn't confirm press...discussed, all insurers in Brazil would have to cede up...of their business to IRB Re. The reinsurer would...for the business. If IRB Re refuses the business...the restructuring of Brazil's insurance regulatory...
- IRB to lose monopoly status.(International News)(IRB Brasil Resseguros)
- Magazine article from: Business Insurance Ceniceros, Roberto December 3, 2007 700+ words
...Byline: Roberto Ceniceros SAO PAULO, Brazil-Brazil's monopoly reinsurer, IRB-Brasil Resseguros S.A, will be...reinsurance market. No longer will the IRB regulate all reinsurance transactions in Brazil. In addition, the reinsurer, which...
- IRB makes R$336.77mil profit.
- Newspaper article from: South American Business Information March 31, 2003 700+ words
Brazil, Mar 31, 2003 (Gazeta Mercantil/SABI via COMTEX) IRB Brasil Re, state owned company...monopoly of the reinsurance in Brazil, reported an increase of reported...transportation portfolio R$62mil. IRB closed 2002 with an R$1.09bil...
