Material Fact

São Paulo, March 9, 2017 - BR Insurance Corretora de Seguros SA ('Company' or 'BR Insurance'), in addition to the material facts disclosed on May 25, 2016 , November 21, 2016 and December 07,2016 in compliance with the provisions of paragraph 4 of Article 157 - Law 6.404 / 76 and CVM Instructions 358/02 and 565/15, announces that the Company's shareholders approved today at the Extraordinary General Meeting, the incorporation of the subsidiaries: Aplick Master B.I. Corretora de Seguros Ltda. ('APLICK'), Base Brasil B.I. Corretora de Seguros Ltda. ('BASE BRASIL'), Coelho dos Santos Corretora de Seguros Ltda. ('COELHO'), Neval B.I. Corretora de Seguros Ltda. ('NEVAL'), Sebrasul Assessoria e Corretagem de Seguros Ltda. ('SEBRASUL').

The merger happened without a capital increase and without issuance of new shares, eliminating the Company's investments in its subsidiaries in contrast to the direct absorption of the respective assets and liabilities.

Furthermore, the merger did not result in any change in the Company's Bylaws, giving no withdrawal rights to dissenting shareholders or the shareholders of the incorporated subsidiaries.

The Investor Relations department is available to help with any existing doubt.

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Investor Relations
Tel.: +55 11 3175-2900
E-mail: ir@brinsurance.com.br

Brasil Insurance Participações e Administração SA published this content on 09 March 2017 and is solely responsible for the information contained herein.
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Original documenthttp://ir.brasilinsurance.com.br/conteudo_en.asp?idioma=1&tipo=62393&conta=44&id=239801

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