Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 77

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 77
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 new rules on preferential offer to local reinsurers, indicating that, for the
purposes of fulfilling the preferential offer, the insurance company should conduct formal consultation with one or more local reinsurers
of their free choice, according to the limits provided for in the legislation.

Resolution
No. 432/21, amended by the Resolution No. 448/22 and No. 453/22, as well as Circular No. 648/21, amended by Circular No. 678/22, provides
for regulating technical provisions, assets which reduce the need for coverage of technical provisions, risk capital, adjusted shareholders’
equity, solvency regularization plans, retention limit, criteria for investments, accounting standards, accounting and independent actuarial
audits, and Audit Committee applicable to insurance companies, open pension fund entities (EAPCs), capitalization companies and reinsurers.

Insurance
companies are exempt from ordinary financial liquidation procedures in case of bankruptcy, and instead follow the special procedure administered
by SUSEP. Resolution CNSP No. 444/22 provides for preventive prudential measures aimed at preserving the stability and soundness of the
National Private Insurance System, of the National Capitalization System and the Supplementary Pension System and ensuring the solvency,
liquidity and regular functioning of those supervised. Financial liquidation may be either voluntary or compulsory.

As was
already the case in relation to entities subject to CMN, SUSEP issued rules in December 2008 with specific internal controls for preventing
and fighting money laundering crimes. These rules include a series of provisions for notifying proposed transactions with politically
exposed individuals and suppression of terrorist financing activities. These rules were subsequently amended and consolidated. CNSP Resolution
No. 416/21 and SUSEP Circular No. 612/20, as amended by SUSEP Circular No. 622/21, are current in force.

Resolution
No. 383/20 issued by CNSP in March 2020, later amended by Resolution No. 454/22 and No. 461/23, established that insurance companies,
EAPCs, capitalizations companies and local reinsurers must record their operations of insurance, open supplementary pension plan, capitalization
and reinsurance, as the case may be, in the registration system (i) previously approved by SUSEP; and (ii) managed by a registration entity
accredited by SUSEP in order to increase the control of the operations carried out by these companies