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Non-Life Insurance in Brazil

Publisher MarketLine
Published Dec 11, 2025
Length 40 Pages
SKU # MTLN20937089

Description

Non-Life Insurance in Brazil

Summary

Non-Life Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
  • The Brazilian non-life insurance market recorded gross written premiums of $57.4 billion in 2024, representing a compound annual growth rate (CAGR) of 3.6% between 2019 and 2024.
  • The motor segment accounted for the market's largest proportion in 2024, with total gross written premiums of $11.1 billion, equivalent to 19.3% of the market's overall value.
  • In 2024, the Brazilian non-life insurance market recorded an annual growth of 3.5%. The growth is driven by increased net household disposable income, enabling consumers to allocate greater financial resources toward risk protection. According to the Brazilian Institute of Geography and Statistics (IBGE), in 2024, the nominal per capita monthly household income of the resident population in Brazil reached BRL2,069.0 ($383.7), up 9.3% annually.
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
Reasons to Buy
  • What was the size of the Brazil non-life insurance market by value in 2024?
  • What will be the size of the Brazil non-life insurance market in 2029?
  • What factors are affecting the strength of competition in the Brazil non-life insurance market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Brazil's non-life insurance market?

Table of Contents

40 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Porto Seguro SA
8.2. Bradesco Seguros SA
8.3. Allianz Seguros SA
8.4. Mapfre Seguros
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Brazil non-life insurance market value: $ billion, 2019-24
Table 2: Brazil non-life insurance market category segmentation: % share, by value, 2019-24
Table 3: Brazil non-life insurance market category segmentation: $ billion, 2019-24
Table 4: Brazil non-life insurance market geography segmentation: $ billion, 2024
Table 5: Brazil non-life insurance market value forecast: $ billion, 2024-29
Table 6: Porto Seguro SA: Key Facts
Table 7: Porto Seguro SA: Annual Financial Ratios
Table 8: Porto Seguro SA: Key Employees
Table 9: Bradesco Seguros SA: Key Facts
Table 10: Bradesco Seguros SA: Key Employees
Table 11: Allianz Seguros SA: Key Facts
Table 12: Allianz Seguros SA: Key Employees
Table 13: Mapfre Seguros: Key Facts
Table 14: Brazil Size of Population (Million), 2020-24
Table 15: Brazil Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 16: Brazil GDP (Current Prices, $ Billion), 2020-24
Table 17: Brazil Inflation, 2020-24
Table 18: Brazil Consumer Price Index (Absolute), 2020-24
Table 19: Brazil Exchange Rate, 2019-24
List of Figures
Figure 1: Brazil non-life insurance market value: $ billion, 2019-24
Figure 2: Brazil non-life insurance market category segmentation: $ billion, 2019-24
Figure 3: Brazil non-life insurance market geography segmentation: % share, by value, 2024
Figure 4: Brazil non-life insurance market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the non-life insurance market in Brazil, 2024
Figure 6: Drivers of buyer power in the non-life insurance market in Brazil, 2024
Figure 7: Drivers of supplier power in the non-life insurance market in Brazil, 2024
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Brazil, 2024
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Brazil, 2024
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Brazil, 2024

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