Op risk data: Brazil’s Líder unredeemed

Also: CEO clawbacks; Barclays timeshare trials; Fifa bankers' foul play. Data by ORX News

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Brazilian private insurer Seguradora Líder incurred November’s largest loss when it was ordered to repay 2.26 billion reais ($414.9 million) by Brazilian insurance regulator Superintdencia de Seguros Privados (Susep) for irregular use of public funds between 2008 and 2020.

A federal police investigation into Líder found that it had contracted third-party services without due competition and scrutiny, some of which had been

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