Non-Life Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The Brazilian non-life insurance market had total gross written premiums of $25.5bn in 2020, representing a compound annual growth rate (CAGR) of 4.4% between 2016 and 2020.
- The motor segment was the market's most lucrative in 2020, with total gross written premiums of $13.1bn, equivalent to 51.4% of the market's overall value.
- The COVID-19 pandemic, which first took hold in Brazil in early 2020, has had a significant impact on many markets around the world, including non-life insurance. Interest rate cuts have hampered insurance companies’ profits, whilst restrictions on consumers’ movement have reduced demand for motor and travel insurance.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Brazil
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Brazil
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Brazil non-life insurance market with five year forecasts by both value and volume
Reasons to Buy
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Frequently Asked Questions about the Non-Life Insurance Market in Brazil
What is the estimated value of the Non-Life Insurance Market in Brazil?
What is the growth rate of the Non-Life Insurance Market in Brazil?
What is the forecasted size of the Non-Life Insurance Market in Brazil?
Who are the key companies in the Non-Life Insurance Market in Brazil?
| Report Attribute | Details |
|---|---|
| No. of Pages | 47 |
| Published | November 2021 |
| Forecast Period | 2020 - 2025 |
| Estimated Market Value ( USD | $ 25.52 Billion |
| Forecasted Market Value ( USD | $ 30.36 Billion |
| Compound Annual Growth Rate | 3.5% |
| Regions Covered | Brazil |
Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Porto Seguro SA
- Mapfre SA
- Zurich Insurance Group Ltd
- Banco Bradesco SA
