SEC Files Enforcement Action Against Brazilian Reinsurer Over Alleged 2020 Fraud

(May 11, 2023, 12:12 PM EDT) -- NEW YORK — After filing an enforcement action against a former senior executive of a Brazilian reinsurance company over a false 2020 claim of substantial investment by Berkshire Hathaway Inc., the U.S. Securities and Exchange Commission filed a similar action in New York federal court against the reinsurer....