State reinsurer has only faced competition since 2007

The Brazilian National Private Insurance Board has authorised Allianz Global Corporate & Specialty arm to operate in Brazil's reinsurance market, Dow Jones reports.

Allianz already operates in Brazil's corporate insurance market. Private reinsurers only started operating in Brazil in 2007.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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