Lloyd’s is licensed by SUSEP (the Brazilian regulatory authority) as an Admitted Reinsurer with a representative office in Rio de Janeiro. All Lloyd’s Managing Agents can write reinsurance business from Brazil under the Lloyd’s license.
An Admitted Reinsurer status means a foreign reinsurer doing business with Brazilian companies (Brazilian Insurance Companies or Local Reinsurers) on a cross border basis.
For additional information regarding Lloyd’s licence in Brazil, please access: Lloyd’s Brazil at Crystal
If you are a Lloyd’s Managing Agent or Lloyd’s Broker planning a business trip to Brazil please get in touch. Lloyd’ has a well-equipped office in Rio de Janeiro and the Lloyd’s Brazil team will be happy to assist you.