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CADE splits aviation insurance probe after failure to notify 10 foreign individuals

( March 15, 2022, 16:01 GMT | Official Statement) -- MLex Summary: The Brazilian competition authority decided to split an antitrust probe into aviation insurance to speed up the investigation, according to a statement. The Administrative Council for Economic Defense, or CADE, will open a separate probe of 10 foreign individuals already under investigation in the original probe. The agency decided to do so to avoid delays in the original investigation. Aon UK, Aspen Insurance UK, JLT Specialty and other companies, as well as some individuals, will continue to be investigated in the original probe opened in 2018.OJ statement follows in Portuguese:...

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