Lloyd's opens first Brazil office.

Lloyd’s became the first admitted reinsurer in Brazil this week, following the country’s deregulation of its insurance market.

Lloyd’s has opened its first Brazilian office in Rio de Janeiro.

It plans to develop its business in the country over time.

Lloyd’s chairman Lord Levene said: “We are delighted to have been authorised as the first admitted reinsurer in Brazil and we look forward to building on our existing relationships with the IRB and the local insurance market, and to supporting the development of a reinsurance centre in Rio de Janeiro.

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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