Insurance in Brazil

Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value 2010-14, and forecast to 2019). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Brazil insurance market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes. The life insurance sector consists of mortality protection and annuity. The non-life insurance sector consists of accident and health, and property and casualty insurance segments. The insurance market depends on a variety of economic and non-economic factors, and future performance is difficult to predict. The forecast given in this report is intended as a rough guide to the direction in which the market is likely to move. This forecast is based on a correlation between past market growth and growth of base drivers, such as house price growth, GDP growth and long-term interest rates. All currency conversions have been calculated at constant annual 2013 average exchange rates.

The Brazilian insurance market is expected to generate total gross written premiums of $97.8bn in 2014, representing a compound annual growth rate (CAGR) of 16.9% between 2010 and 2014.

The life insurance segment is expected to be the market's most lucrative in 2014, with total gross written premiums of $56.8bn, equivalent to 58.1% of the market's overall value.

The performance of the market is forecast to decelerate, with an anticipated CAGR of 11.3% for the five-year period 2014 – 2019, which is expected to drive the market to a value of $167.2bn by the end of 2019.

Scope

Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Brazil

Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Brazil

Leading company profiles reveal details of key insurance market players’ global operations and financial performance

Add weight to presentations and pitches by understanding the future growth prospects of the Brazil insurance market with five year forecasts

Macroeconomic indicators provide insight into general trends within the Brazil economy

Reasons to buy

What was the size of the Brazil insurance market by value in 2014?

What will be the size of the Brazil insurance market in 2019?

What factors are affecting the strength of competition in the Brazil insurance market?

How has the market performed over the last five years?

Companies mentioned

Banco Bradesco S.A., Brasilprev Seguros, Banco Santander, S.A. and Itau Vida e Previdencia S.A.

Table of Contents

TABLE OF CONTENTS

Executive Summary 2

Market value 2

Market value forecast 2

Category segmentation 2

Geography segmentation 2

Market rivalry 2

Market Overview 7

Market definition 7

Market analysis 7

Market Data 8

Market value 8

Market Segmentation 9

Category segmentation 9

Geography segmentation 10

Market Outlook 11

Market value forecast 11

Five Forces Analysis 12

Summary 12

Buyer power 13

Supplier power 15

New entrants 17

Threat of substitutes 18

Degree of rivalry 19

Leading Companies 20

Banco Bradesco S.A. 20

Brasilprev Seguros 24

Banco Santander, S.A. 25

Itau Vida e Previdencia S.A. 29

Macroeconomic Indicators 30

Country Data 30

Methodology 32

Industry associations 33

Related MarketLine research 33

Appendix 34

About MarketLine 34

LIST OF TABLES

Table 1: Brazil insurance market value: $ billion, 201014(e) 8

Table 2: Brazil insurance market category segmentation: $ billion, 2014(e) 9

Table 3: Brazil insurance market geography segmentation: $ billion, 2014(e) 10

Table 4: Brazil insurance market value forecast: $ billion, 201419 11

Table 5: Banco Bradesco S.A.: key facts 20

Table 6: Banco Bradesco S.A.: key financials ($) 22

Table 7: Banco Bradesco S.A.: key financials (BRL) 22

Table 8: Banco Bradesco S.A.: key financial ratios 22

Table 9: Brasilprev Seguros: key facts 24

Table 10: Banco Santander, S.A.: key facts 25

Table 11: Banco Santander, S.A.: key financials ($) 26

Table 12: Banco Santander, S.A.: key financials (€) 26

Table 13: Banco Santander, S.A.: key financial ratios 27

Table 14: Itau Vida e Previdencia S.A.: key facts 29

Table 15: Brazil size of population (million), 201014 30

Table 16: Brazil gdp (constant 2005 prices, $ billion), 201014 30

Table 17: Brazil gdp (current prices, $ billion), 201014 30

Table 18: Brazil inflation, 201014 31

Table 19: Brazil consumer price index (absolute), 201014 31

Table 20: Brazil exchange rate, 201014 31

LIST OF FIGURES

Figure 1: Brazil insurance market value: $ billion, 201014(e) 8

Figure 2: Brazil insurance market category segmentation: % share, by value, 2014(e) 9

Figure 3: Brazil insurance market geography segmentation: % share, by value, 2014(e) 10

Figure 4: Brazil insurance market value forecast: $ billion, 201419 11

Figure 5: Forces driving competition in the insurance market in Brazil, 2014 12

Figure 6: Drivers of buyer power in the insurance market in Brazil, 2014 13

Figure 7: Drivers of supplier power in the insurance market in Brazil, 2014 15

Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Brazil, 2014 17

Figure 9: Factors influencing the threat of substitutes in the insurance market in Brazil, 2014 18

Figure 10: Drivers of degree of rivalry in the insurance market in Brazil, 2014 19

Figure 11: Banco Bradesco S.A.: revenues & profitability 23

Figure 12: Banco Bradesco S.A.: assets & liabilities 23

Figure 13: Banco Santander, S.A.: revenues & profitability 27

Figure 14: Banco Santander, S.A.: assets & liabilities 28

List of Tables

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List of Figures

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