MD&A and Financial Statements (PDF) - Banco Itaú
MD&A and Financial Statements (PDF) - Banco Itaú
MD&A and Financial Statements (PDF) - Banco Itaú
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) Capital for Insurance Activity<br />
SUSEP, following the worldwide trend towards the strengthening of the insurance market, disclosed on<br />
December 26, 2006 the Resolutions Nos. 155 <strong>and</strong> 158, amended by Resolutions No. 178, of December 28,<br />
2007, <strong>and</strong> No. 200, of December 16, 2008, <strong>and</strong> Circular No. 355, of December 14, 2007. The regulations<br />
provide for the rules on regulatory capital required for authorization <strong>and</strong> operation of insurance companies<br />
<strong>and</strong> rules for the allocation of capital from subscription risk for several insurance lines.<br />
Noteworthy is the fact that the adjusted stockholders’ equity of ITAU UNIBANCO HOLDING companies<br />
exclusively engaged in insurance activities is higher than the required regulatory capital. At September 30,<br />
2010, the required regulatory capital amounted to R$ 800,749 for an existing adjusted stockholders’ equity of<br />
R$ 3,232,630.<br />
<strong>Itaú</strong> Unibanco S.A. – - September0, 2010 77