Brazil Insurance Report Q3 2014

  • May 2014
  • -
  • Business Monitor International
  • -
  • 64 pages

Summary

Table of Contents

Search Inside

Includes 3 FREE quarterly updates

BMI View:

The results of the leading Brazilian insurance companies in relation to 2013 totally vindicate
our view that Brazil is 'one of the most exciting and dynamic insurance markets globally. A deteriorating, but far from disastrous, economic environment has apparently had no adverse impact on the leading life insurers, non-life insurers or specialty health insurers. Both sectors are benefiting from positive 'demand pull' and 'supply push' factors. Both the major segments are being boosted by first-time users of insurance products. Some of the life companies have reported surging sales in VGBL, PGBL and (especially) Capitalização savings bonds over the last year.

The risk-return profiles of these products are clearly perceived as being superior by the policy-holders. In the non-life segment, numbers of policy holders in even basic sub-sectors such as motor vehicle insurance and property insurance are also growing quite rapidly. The 'supply push' factors are easy to identify. The insurance companies are innovative in terms of product development and dynamic in terms of distribution strategies. This is at a time that the vast majority of them are able to leverage benefits of scale, brand and association with major financial institutions. We see no reason why the positive trends will not continue through 2014 and 2015 and into the later years of the forecast period. We will likely be revising our forecasts upwards in coming months. In the short-term, likely softness of the BRL will continue to constrain the growth of premiums in US dollar terms.

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

Get This Report

24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers

Short Term Insurance including Direct and Travel Insurance in South Africa 2014

Short Term Insurance including Direct and Travel Insurance in South Africa 2014

  • $ 6 000
  • Industry report
  • November 2014
  • by Gatestreet Ltd

Direct insurance companies have mushroomed in South Africa and have established a firm foothold in the short-term insurance sector, having increased their market share to more than 20% of personal lines. ...

The Mobile Phone Insurance Ecosystem: 2015 – 2020 Opportunities, Challenges, Strategies & Forecasts

The Mobile Phone Insurance Ecosystem: 2015 – 2020 Opportunities, Challenges, Strategies & Forecasts

  • $ 3 500
  • Industry report
  • February 2015
  • by SNS Telecom

Given the increasing prevalence of expensive household goods, cars and consumer electronics, insurance has become an unavoidable and often necessary cost in modern life. Mobile phones, and smartphones ...

Fraud Mitigation Market in Non-Life Insurance Sector - Market Intelligence, General Insurance & Non-life Insurance, (Health Insurance, Vehicle, Disability, Liability, Property, Casualty Insurance, Accident & Insurance) Fraud Mitigation, Fraud Analysis, Ma

Fraud Mitigation Market in Non-Life Insurance Sector - Market Intelligence, General Insurance & Non-life Insurance, (Health Insurance, Vehicle, Disability, Liability, Property, Casualty Insurance, Accident & Insurance) Fraud Mitigation, Fraud Analysis, Ma

  • $ 2 800
  • Industry report
  • January 2015
  • by Occams

Fraud is hardly a new phenomenon. In the recent years it has been getting more sophisticated and causing more serious damage. Factors such as increasingly powerful, easily accessible technology and the ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.