CORPORATEBrazil
Banco Pan terminates contract with Too Seguros, which will receive a R$ 750 million penalty; Caixa Seguridade expects a R$ 210 million gain
Banco Pan terminated its insurance distribution contract with Too Seguros, a Caixa Seguridade subsidiary, and will pay a penalty of about R$ 750 million. Caixa Seguridade estimates a positive one-off effect of about R$ 210 million on its 2026 profit, according to Money Times, InfoMoney and Investidor10.