In 2025, the sector concentrated its efforts on adapting to the Brazilian Insurance Contract Law, Law No. 15,040, which had already come into force. This process required substantial adjustments from insurance companies, intermediaries, and other stakeholders to ensure compliance with the new legal framework.
The year was characterized by high expectations regarding the regulation of Law No. 15,040. However, the anticipated regulatory framework had not fully materialized within 2025. It was only toward the end of the second half of the year that SUSEP (Superintendence of Private Insurance) released the first draft regulations for Public Consultation. This late-stage development has set the stage for 2026, which is expected to be a significant year in the regulatory process as the sector awaits the finalization and implementation of these regulations.
In addition, discussions regarding Complementary Law No. 213/2025 and tax issues continue to draw attention in the sector.
Under the litigation perspective, relevant decisions were handed down by the Superior Courts in insurance matters.
Our Insurance and Reinsurance team produced a special newsletter with the main regulatory highlights within the SUSEP, legislative and judicial scope of 2025, and the outlook for 2026.
To check it out, click here.
