With Europe in recession and North America growing at an anemic pace, insurers are seeking new markets. Not surprisingly, many are casting an eye towards Brazil.

Executive Summary

Economists at Coface outline positive economic trends for p/c insurers looking for growth in Brazil, including 3 percent GDP growth and an expanding middle class. They note, however, that there have been some regulatory impediments for insurers and that business corruption, infrastructure shortcomings and dependence on foreign capital are drags on the Brazilian economy.

A host of factors make Brazil attractive in both the short and long term. They include:...

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