Brazil Insurance Sector Report 2024 4th Quarter

In Q3 2024, Brazil's total insurance premium income grew by 11.3% y/y, reaching BRL 193.4bn, driven by the strong expansion of the country's economy, with real GDP rising by a seasonally-adjusted 3.4% y/y during the quarter. Life insurance premium income surged by 10.9% y/y to BRL 79.1bn, while non-life insurance premiums increased by 10.5% y/y to BRL 116.3bn. A significant contributor to this growth was personal insurance income, which reported a premium income growth of 18.1% y/y to BRL 18.9bn. Premium income from private pension plans rose to BRL 51.7bn in Q3 2024, marking a 8.7% y/y increase.

This report provides a complete and detailed analysis of the "Banking and insurance" sector for Brazil. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Banking and insurance" sector in Brazil
• Crystallise the forces both driving and restraining this sector in Brazil
• Ascertain Brazil’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Brazil.
• Build a clear picture of trends, output and consumption for specific sub-sectors