Brazil tax cuts strengthen local reinsurers’ competitiveness, IRB analysis says

• Brazil’s Law 15.525/2026 lowers taxes on local reinsurers, narrowing their tax disadvantage against foreign competitors.
• The CSLL social contribution rate falls to 9% from 15%, effective Jan. 1, 2027.
• Corporate income tax drops to 15% from 25%, effective Jan. 1, 2030.
• Local reinsurers currently face a combined nominal income tax and CSLL rate of 40%, excluding indirect taxes.
• Only 15 of more than 130 reinsurers operating in Brazil are locally based.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. IRB Brasil Resseguros SA published the original content used to generate this news brief on October 21, 2026, and is solely responsible for the information contained therein.