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SUSEP

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AcronymDefinition
SUSEPSusceptibility
SUSEPSuperintendencia de Seguros Privados


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The approval by the Brazilian insurance regulator, SUSEP (Superintendencia de Seguros Privados) enables Everest to further enhance its long-established market position in this very important Latin American market.
Earlier this year, SUSEP issued final regulations for the opening of Brazil's reinsurance market to private companies, ending the monopoly of government-owned reinsurer IRB Brasil Resseguros SA (IRB).
Stan Galanski, Chief Executive Officer of Navigators, commented, "We are very pleased to have received this approval from SUSEP, the Brazilian reinsurance authority.
 
 
 
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