Brief

On "13/03/2025", the "Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP)" issued an update regarding "SUSEP applies penalties to the independent audit company and its professionals". The Susep concluded that two administrative penalty processes were related to the independent actuarial audit of IRB Brasil Resseguros' 2019 financial statements, resulting in fines exceeding R$1 million for Ernst & Young Serviços Atuariais S/S and three auditors.

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Superintendence of Private Insurance (Superintendência de Seguros Privados – SUSEP)

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