Brasil Insurance Participações e Administração S.A. (BM&Bovespa ticker: BRIN3) ("Company"), pursuant to CVM Instruction n º 358/2002, as amended,hereby informs its shareholders and the market that the Company‘s shares will trade "ex-dividend "only from 11.19.2013, and clarify that will have the dividend right those who were shareholders of the Company on the date of 11.18.2013.

The dividends will be paid on December 2, 2013.

São Paulo, November 18th, 2013

Miguel Longo Junior
CFO and Investor Relations Officer

Investor Relations

Tel.: +55 11 3175-2990

About Brasil Insurance:
Brasil Insurance is a company comprised by more than 48 brokerage firms, each founded by brokers with significant experience and an average of 20 years of activity in the insurance or insurance brokerage markets. Our brokerage companies sell a broad range of insurance products, including health and dental insurance plans, auto, fleet, large risks, surety, liability, engineering risk, transport and others. Brasil Insurance has 30 offices located in 10 states in Brazil serving customers throughout the country.