# Brazil insurance market risk management > Live situation record from CLSTR: https://clstr.news/situations/brazil-insurance-market-risk-management > Updated: 2026-08-05T18:12:45.000Z. Sources: 7. Developments: 2. In August 2026 Brazilian insurers began emphasizing the need to embed risk‑management tools directly into infrastructure projects. At the Brazil 2030 event, CNseg’s sustainability director urged early‑stage insurance integration to make projects more bankable and resilient to extreme weather, while industry leaders highlighted gaps in technical modeling that hinder investment. A short time later, market data showed a rapid expansion of guarantee insurance, driven by the 2021 Public Procurement Law that requires such guarantees for public works. Premiums rose nearly 24 % year‑on‑year, reflecting strong demand for liquidity‑preserving products. At the same time, global geopolitical tensions—particularly wars affecting Middle‑East shipping routes—were pushing up insurance costs, prompting insurers to suspend war coverage and raise premiums for maritime and logistics lines. Together, these developments illustrate Brazil’s push to integrate insurance into project financing while contending with rising global risk‑pricing pressures. ## Timeline ### 2026-08-05: Brazil's insurance market sees surge in guarantee policies and rising costs amid geopolitical tensions Brazil's guarantee insurance expands rapidly under a new procurement law, while geopolitical tensions raise global insurance costs for maritime and logistics, according to industry leaders. 5 sources. https://clstr.news/cluster/brazils-insurance-market-sees-surge-in-guarantee-policies-and-rising-costs-amid-geopolitical-tension ### 2026-08-05: Brazil's CNseg pushes risk‑management integration into infrastructure projects CNseg urges early insurance integration in Brazil's infrastructure projects to cut risk and boost financing, while Aegea highlights the need for better technical modeling. 2 sources. https://clstr.news/cluster/brazils-cnseg-pushes-riskmanagement-integration-into-infrastructure-projects --- Cite as: Brazil insurance market risk management. CLSTR, https://clstr.news/situations/brazil-insurance-market-risk-management