CALL OF MEETING
SPECIAL SHAREHOLDERS' MEETING

The shareholders of Brasil Insurance Participações e Administração S.A. ('Company') are hereby called to meet at the Special Shareholders' Meeting, to be held on January 26, 2016, at 11:30AM, at the Company's headquarters, located in the City and State of São Paulo, at Alameda Santos, 1787, 5th floor, Cerqueira César, CEP 01419-002 ('Meeting'), in order to resolve the following agenda:

(i) Examination, discussion and approval of the amendments to the share assignment agreements entered into by and between the Company and broker shareholders Luiz Roberto Mesquita de Salles Oliveira, Renato da Cunha Bueno Marques, André de Barros Martins, Antônio Henrique Bitencourt Cunha Bueno, Dayze Attanasio de Oliveira, Pedro Attanasio de Oliveira, Elisabete Maria da Silva, Dany Sturm, Roberto Sturm, Marcos Romero Carraro, Selma Nunes Carraro and Marcelo Romero Carraro, instructed with legal opinions for purposes of credit capitalization held by such broker shareholders in light of the Company and arising from the acquisition operations of the insurance companies Índico Consultoria de Benefícios e Corretagem de Seguros Ltda., Viva Bem Gestão de Saúde Ltda., Itax Consultoria e Corretora de Seguros Ltda., Ômega BI Corretora de Seguros Ltda. and Carraro Corretora de Seguros Ltda. in upcoming capital increase of the Company, with cancellation of subscription bonuses issued in favor of the respective broker shareholders.

1. The documentation relating to the agenda matters is available for the shareholders at the Company's headquarters and at the Company's Investor Relations website (http://ri.brasilinsurance.com.br), as well as at the Securities and Exchange Commission's website (http://www.cvm.gov.br), under the CVM Instruction No. 481/09.

2. It is hereby requested for the shareholder wishing to be represented by any proxy to file the respective power of attorney, with special powers, accompanied from corporate acts and/or documents proving the shareholder's representation, as a legal entity, at the Company's headquarters, within three (3) days prior to the date of the Meeting.

3. The shareholder participating in the Fungible Custody of Registered Shares wishing to attend this Meeting shall present a statement containing their respective shareholding, provided by the custodian institution, within three (3) days prior to the date of the Meeting.

São Paulo, January 9, 2016.

Marcio Guedes Pereira Junior and Marcos Luiz Abreu de Lima
MEMBERS OF THE BOARD OF DIRECTORS

Brasil Insurance Participações e Administração SA issued this content on 2016-01-09 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-11 13:03:14 UTC

Original Document: http://ri.brasilinsurance.com.br/brasilinsurance/web/conteudo_en.asp?idioma=1&tipo=34876&conta=44&id=220511