Best’s Commentary: Low Agribusiness Exposure to Help Brazil’s Reinsurers Weather Floods

MEXICO CITY--(BUSINESS WIRE)-- #insurance--Due to reduced exposures in volatile lines of business such as agribusiness, (re)insurance companies in Brazil should be able to weather any impacts from the recent widespread flooding in Rio Grande do Sul, according to an AM Best commentary. The Best’s Commentary, “Low Agribusiness Exposure to Help Brazil’s Reinsurers Weather Floods,” states that for most (re)insurers, the biggest impact involves agribusiness, as well as commercial and personal property and busine