Brazilian property investors could be interested to learn that the Latin American has approved Everest Reinsurance as a reinsurer in the country, it has been reported.
Property insurance has seen the most significant amount of growth in Brazil's insurance industry over the past 5 years. The interest of insurers has been driven by the market's size and growth potential. Superintendencia de Seguros Privados accepted the insurance company - a subsidiary of Everest Re Group - as an admitted property and casualty reinsurer.
A spokesperson from the firm said the approval allows it to further stabilize its position in this very important Latin American market and playing a role supporting infrastructure development and trade. The influx of foreign insurers is helping to change Brazilian insurers by more responsive towards customers, by communicating well, by harnessing technology such as data mining and relationship management tools.
Dilma Rousseff, minister-chief of the Civilian Household of the Presidency told the government intends to tackle the economic slowdown. She added that Growth Acceleration programme produces a high-level of public and private investment and creates a huge consumer demand.
0 comments:
Post a Comment