18 March 2022 – Fundamentals of ILS

Brazil publishes “Letra de Risco de Seguro” rules for ILS securitization

The Brazilian government has published new legislation in its official gazette for what are being termed “Letra de Risco de Seguro”, or LRS and translates to Letter of Insurance Risk, which are insurance-linked securities (ILS) laws, as the country looks to encourage risk transfer and reinsurance to the capital markets. We’ve explained before that Brazil’s […]

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