A large reinsurer is expanding its operations in Latin America.
Transamerica Reinsurance, Charlotte, N.C., says it is opening Transamerica Re Consultoria em Seguros e Servicos Ltda., a consulting office with addresses in 2 large cities in Brazil, Sao Paulo and Rio de Janeiro.
The office will manage insurance risk, help develop products and run training programs, according to Transamerica Re., a unit of AEGON N.V., The Hague, Netherlands.
