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Instituto De Resseguros Do Brasil
IRB Brasil RE, formerly known as the Reinsurance Institute of Brazil (corporate name: IRB Brasil RE) operates in the market for reinsurance. History Created in 1939 by Getúlio Vargas, IRB was intended to provide reinsurance to domestic companies through the company itself and its policy of retrocession, where most of the risk was shared between the national insurance companies. It maintained its monopoly until 2007, when, through Complementary Law, Congress reopened the Brazilian reinsurance market, and IRB was classified as a local reinsurer. Since October 2013, IRB Brasil RE operates as a private company. In addition to the Brazilian Federal Government, the controlling shareholders are BB Seguros Participações S.A., Bradesco Auto Re Companhia de Seguros, Itaú Seguros S.A., Itaú Vida e Previdência S.A. and the Investment Fund on Participations Caixa Barcelona. Together, these controlling shareholders have over 90% of the company's total capital stock. According to Standar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Getúlio Vargas
Getúlio Dornelles Vargas (; 19 April 1882 – 24 August 1954) was a Brazilian lawyer and politician who served as the 14th and 17th president of Brazil, from 1930 to 1945 and from 1951 to 1954. Due to his long and controversial tenure as Brazil's provisional, constitutional, and dictatorial leader, he is considered by historians as the most influential Brazilian politician of the 20th century. Born in São Borja, Rio Grande do Sul, to a powerful local family, Vargas had a short stint in the Army before entering law school. He began his political career as district attorney, soon becoming a state deputy prior to a brief departure from politics. After returning to the state Legislative Assembly, Vargas led troops during Rio Grande do Sul's 1923 civil war. He entered national politics as a member of the Chamber of Deputies. Afterward, Vargas served as Minister of Finance under President Washington Luís before resigning to head Rio Grande do Sul as state president, during which h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Castelo (Rio De Janeiro)
Castelo is a region in Rio de Janeiro, Brazil, but not officially recognized as a neighborhood, and officially forming part of the Centro neighborhood. It is generally considered to be located in the region between Avenida Rio Branco, the Santos Dumont Airport and Praça Quinze de Novembro. The area derives its name from the former Morro do Castelo in that location, which was demolished by water jets in the 1920s. As most of the buildings in the area were designed and built in the first half of the twentieth century, after the demolition of Morro do Castelo (''Castle Hill'') in 1921, the region became home to a large collection of Art Deco Art Deco, short for the French ''Arts Décoratifs'', and sometimes just called Deco, is a style of visual arts, architecture, and product design, that first appeared in France in the 1910s (just before World War I), and flourished in the Unite ... buildings. Art Deco was the prevalent architecture style in Rio de Janeiro at that time. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rio De Janeiro (state)
Rio de Janeiro () is one of the 27 federative units of Brazil. It has the second largest economy of Brazil, with the largest being that of the state of São Paulo. The state, which has 8.2% of the Brazilian population, is responsible for 9.2% of the Brazilian GDP. The state of Rio de Janeiro is located within the Brazilian geopolitical region classified as the Southeast (assigned by IBGE). Rio de Janeiro shares borders with all the other states in the same Southeast macroregion: Minas Gerais ( N and NW), Espírito Santo ( NE) and São Paulo ( SW). It is bounded on the east and south by the South Atlantic Ocean. Rio de Janeiro has an area of . Its capital is the city of Rio de Janeiro, which was the capital of the Portuguese Colony of Brazil from 1763 to 1815, of the following United Kingdom of Portugal, Brazil and the Algarves from 1815 to 1822, and of later independent Brazil as a kingdom and republic from 1822 to 1960. The state's 22 largest cities are Rio de Janeiro, São G ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
José Carlos Cardoso
José is a predominantly Spanish and Portuguese form of the given name Joseph. While spelled alike, this name is pronounced differently in each language: Spanish ; Portuguese (or ). In French, the name ''José'', pronounced , is an old vernacular form of Joseph, which is also in current usage as a given name. José is also commonly used as part of masculine name composites, such as José Manuel, José Maria or Antonio José, and also in female name composites like Maria José or Marie-José. The feminine written form is ''Josée'' as in French. In Netherlandic Dutch, however, ''José'' is a feminine given name and is pronounced ; it may occur as part of name composites like Marie-José or as a feminine first name in its own right; it can also be short for the name ''Josina'' and even a Dutch hypocorism of the name ''Johanna''. In England, Jose is originally a Romano-Celtic surname, and people with this family name can usually be found in, or traced to, the English county of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marcelo Barbosa Saintive
Marcelo is a given name, the Spanish and Portuguese form of Marcellus. The Italian version of the name is Marcello, differing in having an additional "l". Marcelo may refer to: *Marcelo Costa de Andrade (born 1967), Brazilian serial killer, rapist, and necrophile *Marcelinho Carioca (Marcelo Pereira Surcin born 1971 in RJ), Brazilian international midfielder in 1990s *Marcelinho Machado (born 1975), Brazilian professional basketball player *Marcelinho Paraíba (Marcelo dos Santos b. 1975 in Paraíba state), Brazilian international midfielder *Marcelinho Paulista (Marcelo José de Souza born 1973 in SP state), Brazilian youth international in 1996 Olympics *Marcelo (footballer, born January 1987), Brazilian footballer *Marcelo (footballer, born May 1987), Brazilian footballer, who played for Lyon * Marcelo (footballer, born 1988), Brazilian footballer, who played for Real Madrid *Marcelo (footballer, born 1989), Brazilian footballer, who plays for Paços Ferreira *Marcelo Arriagad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Investors Service and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. History The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, ''Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, Lu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1939
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asses ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reinsurance Companies
Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insurance liabilities to the other insurance company. The company that purchases the reinsurance policy is called a "ceding company" or "cedent" or "cedant" under most arrangements. The company issuing the reinsurance policy is referred to as the "reinsurer". In the classic case, reinsurance allows insurance companies to remain solvent after major claims events, such as major disasters like hurricanes and wildfires. In addition to its basic role in risk management, reinsurance is sometimes used to reduce the ceding company's capital requirements, or for tax mitigation or other purposes. The reinsurer may be either a specialist reinsurance company, which only undertakes reinsurance business, or another insurance company. Insurance companies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insurance Companies Of Brazil
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an insurer, insurance company, insurance carrier, or underwriter. A person or entity who buys insurance is known as a policyholder, while a person or entity covered under the policy is called an insured. The insurance transaction involves the policyholder assuming a guaranteed, known, and relatively small loss in the form of a payment to the insurer (a premium) in exchange for the insurer's promise to compensate the insured in the event of a covered loss. The loss may or may not be financial, but it must be reducible to financial terms. Furthermore, it usually involves something in which the insured has an insurable interest established by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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