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Tokio Marine launches D&O insurance coverage in Brazil

Tokio MarineSeguradora SA launched director and officer, or D&O, insurancecoverage in Brazil, industry website Segs reported March 29, citing executivedirector of corporate products Felipe Smith.

The move comes amid an increase in Brazil of lawsuitsarising from non-compliance issues, accounting irregularities, and incorrect orimproper disclosure of information, among other issues, the publication noted.