INSURANCE AND REINSURANCE MONOPOLIES – IS IT REALLY THE END -- Major developments in Costa Rica and Brazil: The 2010 Forecast
March 9, 2010
Yani R. Contreras- Miami
Thomas F. "Tom" Morante- Miami
As the G-20 grapple with how to change the global legal framework for financial services to ensure that there are no future financial crises, some countries have moved to quickly modernize their laws to accommodate the insurance needs of consumers and the business opportunities afforded thereby. Two such countries in Latin America present interesting case studies: Costa Rica and Brazil. This article addresses the evolving nature of insurance legislation in these countries and demonstrates the growing significance of the insurance market worldwide.
A version of this article was published in LIMRA Regulatory Review, Issue 2010-2.
READ: INSURANCE AND REINSURANCE MONOPOLIES – IS IT REALLY THE END -- Major developments in Costa Rica and Brazil: The 2010 Forecast
Related Practices