Markel enters Brazil primary market

Markel International has been granted a licence by Brazilian
regulator the Superintendence of Private Insurance to write primary
insurance business in the country.
The company has written reinsurance business in Brazil and other
countries in Latin America since 2010.
Markel said the regulator had given clearance to write several
classes of business across the country and that it expects to
launch its first products early this year.
Leonardo Paixao, the former president of IRB Brasil Re, was
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