Chinese billionaire Li Shufu is expanding carmaker Geely into Latin America through a partnership with Renault, underpinning the nation’s drive to build sales in friendly global markets as tariffs block growth in the US and Europe. Li, through his private investment holding firm Zhejiang Geely Holdings Group, signed a framework agreement with the French carmaker … Read more
Galapagos Capital, a global investment company headquartered in Brazil that offers a range of investment management, banking and financial services, has received pre-authorisation from the insurance regulator SUSEP to establish an issuer of Letra de Risco de Seguro (Insurance Risk Letters), which are Brazil’s own type of insurance-linked securities (ILS).Galapagos Capital aims to become the … Read more
Speaking at a Fitch Ratings event on the development of insurance-linked securities (ILS) in Brazil, Rodrigo Botti, former CFO of IRB and former CEO of Terra Brasis, emphasised a domestic market-first approach, with no intention of competing with other established ILS hubs.According to Botti, the ILS approach taken by Brazil focuses on aligning regulations with … Read more
Image by M. Richter from Pixabay Copyright is not averse to new technologies. Its history is intrinsically linked to technological development. At each stage, revisions, adjustments, and adaptations to the existing organizational and legal structure are necessary and ideally preceded by wide-ranging and informed debate. The same holds true for Artificial Intelligence (AI) technologies. And … Read more
