Eduardo Llobet
President & Chief Executive Officer
Eduardo Llobet joined W. R. Berkley Corporation in 1995. He has 28 years of experience in the insurance market, and previously managed a major Argentine property casualty company.
Berkley International do Brasil Seguros S.A.
Officers
Horacio d Almeida E. Silva
Director
Jose Marcellino Risden
Executive Vice President &
General Director
Silvia Tonges de Vergara
Chief Operating Officer
Carlos Alberto Borges do Nascimento
Chief Financial Officer
Sandra Santana
Underwriting Manager
Luciana Natividade
Marketing Director
The above link is a PDF. To view this file, you will need Adobe
Acrobat Reader. If you do not have it installed, it may be downloaded here. ![]()
Berkley International LatinoAmerica
Berkley International do Brasil Seguros
Our Mission
Our goal is to provide high quality surety/bond products and services to our clients.
Company Description
Berkley International do Brasil Seguros S.A. began operations in Brazil in 2006. It specializes in the surety business, providing products and services nationwide, through its head office in Sao Paulo, with a presence in all major regions of Brazil. This local presence provides Berkley International do Brasil Seguros with a strong competitive advantage in the regional surety markets. In September 2007, we started a new branch in Rio de Janeiro, in order to expand our products distribution and increase market penetration.
How Berkley International do Brasil Seguros is Different
Our business philosophy is oriented towards creativity, technological innovations, flexibility and agility, providing our clients with solutions beyond their expectations.
Accountability We encourage our employees to take initiative in providing the highest quality care and service to our customers. We focus on the needs of our customers, agents, representatives and suppliers.
People-Oriented Strategy Due to our flexible operating structure, we are able to personalize local business contacts and focus on quality of service and risk management. We combine the resources and skills of a large corporation with the agility and flexibility of a small company. We believe our success is due our close contact with our customers and our full understanding of their insurance needs.
Responsible Financial Practices During 2007, Berkley International LatinoAmerica's market experienced a challenging dynamism, with the Latin American operations company recording a 32% growth in consolidatd direct gross premium written. Country diversification policy for premium income sources resulted in 90% of sales coming from operations in Argentina and 10% from Brazil, improving the 98% and 2% pattern of the prior year, refelcting the high growth potential of the Brazilian market. Return on equity was 24.7%, as net income grew an outstanding 75% in comparison to the prior year.
Rating A- (bra) provided by Austin Ratings.
Distribution With headquarters in Sao Paulo, branches n Rio de Janeiro and Belo Horizonte, we are also present in major markets through representative offices and agents.
Contact Information
For additional information, please contact us at our home office.
Berkley International do Brasil Seguros
Rua Olimpiadas 200, 11° Andar, 04551-000-Vila
Tel: 55 11 3848 8622
Fax: 55 11 3848 8633
berkley@berkley.com.br
Financial Highlights
The following financial data is based on Berkley International do Brasil Seguros US GAAP Consolidated Financial Statements for the year ended December 31, 2007.
Financial Data
(In Brazilian Reals)
Total Stockholders’
Equity
Direct Premiums Written
Net Income
18,605,505
26,417,282
(2,181,315)



