CEBRICentro Brasileño de Relaciones Internacionales (Spanish)
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With diversification of risk and a centralized balance sheet necessary for efficient global operations, Kading noted that in 2013, the International Monetary Fund (IMF) advised CEBRI that protectionist Brazilian reinsurance regulation hinders market development.
At the CEBRI conference entitled "Rio de Janeiro as a Global Financial Center," Kading outlined the characteristics of a successful international insurance and reinsurance hub which includes elimination of protectionist regulatory barriers:
37) Centro Brasileiro de Relacoes Internacionais (CEBRI), Brasil e os temas glabais (Rio de Janeiro: CEBRI, 2006).