The Brazilian Superintendence of Private Insurance (SUSEP) issued its Regulation Plan for 2026, setting out the authority’s regulatory agenda and planned deliverables for the year. The plan, formalised by SUSEP Resolution No. 72 of 17 December 2025, organises initiatives into Priority 1 topics that form the core work programme and Priority 2 topics that may be pursued subject to time and resource availability and are not counted for institutional target-setting.

Priority 1 includes continuing the regulatory implementation of Law No. 15,040/2024 and Complementary Law No. 213/2025 through the review and adjustment of rules across insurance, open supplementary pension, capitalization and reinsurance, alongside a specific review of capitalization regulation. The plan also lists studies and regulatory proposals on compulsory insurance, catastrophe insurance, universal life insurance, the regulatory sandbox, open insurance and mutualist property protection, plus enhancements to prudential, governance, conduct and anti-money laundering and counter-terrorist financing requirements; prudential and accounting work includes strengthening solvency, refining requirements on backing assets and technical provisions, reviewing capital rules, and developing sustainability-related work and financial disclosures aligned with international standards. Priority 2 covers, among other items, further rule revisions pending alignment with Law No. 15,040/2024 and potential improvements to corporate governance, audit, outsourcing, the sanctioning regime and prudential supervisory procedures; the full plan is available on SUSEP’s website.

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