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XL Re Gets Brazil Regulator Okay To Operate

James H. Veghte, chief executive of XL Re, said the company plans to offer Brazilian primary insurers "an array of options for services and business specialties that have not existed under the prior m

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The XL Re unit of Bermuda-based XL Capital Ltd, which announced plans in April for Brazilian operations, said it has now received regulatory approval to function there as an admitted reinsurer.

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