trending Market Intelligence /marketintelligence/en/news-insights/trending/9VvFIxK-y5tr88IqPO1lbg2 content esgSubNav
In This List

Porto Seguro inks deal for Chubb Brasil auto insurance portfolio

Blog

Insight Weekly: Earnings learnings; Duke Energy hits back; PE activity surges

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks


Porto Seguro inks deal for Chubb Brasil auto insurance portfolio

Porto SeguroSA reached a deal to purchase an auto insurance portfolio ofChubb do Brasil Cia. deSeguros, according to a securities filing.

The portfolio involved in the deal represents 2.7% of itspremiums in the auto sector. Porto Seguro said that the acquisition will boostits high-value vehicle portfolio and strengthen its product brand Porto AutoPremium.

Terms of the deal were not disclosed and the transactionrequires regulatory approvals from both Brazilian antitrust regulator Cade andinsurance regulator Susep.