Banco do Brasil formalizes insurance product agreements with unit BB Seguridade, Brasilseg

• Banco do Brasil disclosed a related-party transaction to formalize product definition instruments for new or updated Brasilseg rural insurance products.
• Instruments set obligations for distributing agricultural insurance via BB Corretora under an existing exclusive operational agreement with Brasilseg.
• Transaction targets portfolio diversification and an expanded rural insurance offering across the bank’s distribution network.

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