On Oct. 1, 2026, BRZ SUSEP issued Resolution 98 amending Circular SUSEP 648 to refine the calculation of credit rights and related reinsurance premium deductions.
Amended Article 51 on credit rights for insurers and EAPCs, which are limited to premiums receivable on unexpired installments.
Amended Article 51-A on credit rights that correspond to reinsurance or retrocession premiums receivable, limited to the related technical provisions.
Amended Article 54 on deferred reinsurance and retrocession premiums tied to ceding company's technical provisions.
Resolution 98 takes effect on Jan. 2, 2027.
On Sep. 17, BRZ SUSEP opened consultation on statement rules.
BRZ SUSEP published Public Consultation Notices 04/2026 and 06/2026, proposing to amend Circular SUSEP 648/2021 and CNSP Resolution 432/2021.
Independent Audit for S3-Segment Entities
Proposal would allow BRZ SUSEP to require independent auditor review of S3-segment entities' interim financial statements.
Applies when BRZ SUSEP requests interim statements for prudential reasons, to ensure accounting reliability and regularity.
S3-segment supervised entities may currently be required to prepare interim financial statements on an exceptional basis.
Required statements must include management report, balance sheet, income, comprehensive income, equity changes, and cash flow statement.
Explanatory notes and, if approved, an independent auditor's report are also required.
Consultation
Comments are accepted until 30 days after Sep. 17, 2026, i.e. Oct. 17, 2026.
Oct. 2026 Provision Requirements
On Oct. 1, 2026, BRZ SUSEP issued Resolution 98 amending Circular SUSEP 648 to refine the calculation of credit rights and related reinsurance premium deductions.
Amended Article 51 on credit rights for insurers and EAPCs, which are limited to premiums receivable on unexpired installments.
Amended Article 51-A on credit rights that correspond to reinsurance or retrocession premiums receivable, limited to the related technical provisions.
Amended Article 54 on deferred reinsurance and retrocession premiums tied to ceding company's technical provisions.
