Brazil STF to rule on taxation of insurers' reserves; Moraes returns after Vorcaro leak

Brazil's Supreme Federal Court (STF) resumes a plenary session to judge the taxation of insurers' technical reserves, a case with significant fiscal implications for the insurance sector. The session also marks the first with Minister Alexandre de Moraes present since the disclosure of his conversations with Vorcaro, adding political sensitivity. The outcome could affect sector profitability and set precedent for tax treatment of reserves.