Letra de Risco de Seguro (LRS): novo marco de securitização no Brasil

• Autor(a) principal: Antunes, Fernandez, Marcelo
• Data de Publicação: 2022
• Tipo de documento: Trabalho de conclusão de curso
• Idioma: por
• Título da fonte: Biblioteca Digital de Teses e Dissertações da PUC_SP
• Texto Completo: https://repositorio.pucsp.br/jspui/handle/handle/32823
• topic: CNPQ::OUTROS::CIENCIAS ATUARIAIS; LRS; ILS; Securitização; Medida Provisória 1103/22; SSPE; Investimento; LRS; ILS; Securitization; MP 1103/22; SSPE; Investiments

This research study sets out to understanding the regulatory framework of insurance companies as a reference to the issuance of the Transferable Credit Risk Letter (LRS), a transferable and freely negotiated credit instrument created by MP 1103/22 that was released through the Special Purpose Insurance Company (SSPE).The objectives of the Letter of Insurance Risk (LRS) are the development of the insurance sector, especially in large risks, with a reduction in the need for capital of (re)insurers and spreading of risks, being an alternative to reinsurance, in addition to the development of capital market itself, to the extent that there will be a greater diversity of investments.The LRS was made in Insurance Linked Securities (“ILS”), enabling the legislation to securitize insurance, as Insurance Linked Securities may assign risks to a special purpose company by issuing the LRS, which will be a security. Investors, by investing in LRS, receive premiums and interest, but the financial insurer pays the materialization of claims