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Ifrima urges Brazil to reconsider rule changes

28 March 2011

The International Federation of Risk and Insurance Management Associations says costs will be passed onto insurance buyers.

Read more: International Federation of Risk and Insurance Management Associations ifrima

The International Federation of Risk and Insurance Management Associations (Ifrima) has called on the Brazilian government to withdraw two new reinsurance regulations due to enter into force on March 31 2011 because they threaten a...


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Poll

Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

Less than $3bn
0%
$3bn-$4bn
36%
$4bn-$5bn
27%
$5bn-$6bn
9%
$6bn-$7bn
18%
More than $7bn
9%

Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield