In the wake of a scandal, the Brazilian reinsurance giant undertook a dramatic overhaul. After reporting a return to profit in 2023 the company is now looking for new opportunities in Europe and Latin America, its chief reinsurance officer says

New public procurement regulations coupled with large government-backed infrastructure investment plans in Brazil are expected to increase demand for surety bonds, but underwriters are cautious 

Buyers complain adequate cover is hard to find, while underwriters want greater transparency and to be more involved in projects

The implementation of new tax and accounting rules has had an immediate impact on the captives market in France. As competition in the sector heats up, other jurisdictions may follow suit

Axis Capital’s and Beazley’s cyber catastrophe bond issuances signal an appetite from capital markets investors for cyber risk, but there is still much work to do to expand the market meaningfully, experts say

Market players expect Javier Milei will correct harmful measures taken by the previous government, with action on capital requirements and currency controls that have restricted access to reinsurance