Transamerica Re gains Brazilian market approval
Transamerica Reinsurance has finally received approval from the Brazilian insurance regulator SUSEP to participate in the reinsurance market as an admitted life and personal insurance reinsurer via its AA rated (Standard & Poor's) underwriting affiliate, Transamerica International Re (Bermuda).
Michael Colannino, executive vice president of Transamerica Reinsurance's International operation, said, "It's a privilege to be part of the Brazilian reinsurance market and to help insurers meet
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