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Non-Life Insurance in Brazil, Key Trends and Opportunities to 2020

Non-Life Insurance in Brazil, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Non-Life Insurance in Brazil Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Brazilian non-life insurance segment, and a comparison of the Brazilian insurance industry with its regional counterparts.

It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Brazilian economy and demographics, explains the various types of natural hazard and their impact on the Brazilian insurance industry, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Non-Life Insurance in Brazil Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Brazilian non-life insurance segment, including:

  • The Brazilian non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Brazilian economy and demographics
  • A comparison of the Brazilian non-life insurance segment with its regional counterparts
  • Overview of various distribution channels in the Brazilian non-life insurance segment
  • Detailed analysis of natural and man-made hazards and their impact on the Brazilian insurance industry
  • Details of the competitive landscape in the non-life insurance segment in Brazil
  • Details of regulatory policy applicable to the Brazilian insurance industry
Scope

This report provides a comprehensive analysis of the non-life insurance segment in Brazil:
  • It provides historical values for the Brazilian non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Brazilian non-life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Brazilian non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in Brazil.
  • It analyzes various natural and man-made hazards and their impact on the Brazilian insurance industry
  • It profiles the top non-life insurance companies in Brazil, and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Brazilian non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Brazilian non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Brazilian insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Despite socio-economic issues, during the review period the non-life segment accounted for 27.5% of the industry's gross written premium in 2015.
  • Foreign investment in energy and transport provided opportunities for insurers during the review period.
  • Telematics is becoming popular as insurers look to improve profitability by reducing claims and exploiting the opportunities for growth that telematics offers.
  • Increases in cyberattacks and data breaches are likely to expand demand for cyber insurance.
  • The expansion of the rail network is expected to support transit insurance over the forecast period.
  • Growing consumer awareness of the benefits of non-life insurance, favorable government regulations for foreign entrants and frequent natural disasters are expected to support growth in the segment over the forecast period.


  • Key Facts and Highlights
    • Table Brazilian Non-Life Insurance – Key Facts, 2015
    • Table Brazilian Non-Life Insurance – Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table BRICS Region – Real GDP (US$ Billion), 2015
    • Table Brazilian Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Brazilian Non-Life Insurance – Gross Written Premium (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Non-Life Insurance – Penetration (%), 2011–2015
        • Table Brazilian Non-Life Insurance – Gross Written Premium (BRL Billion and US$ Billion), 2015–2020
        • Table Brazilian Non-Life Insurance – Penetration (%), 2015–2020
        • Table Brazilian Non-Life Insurance – Premium per Capita (BRL and US$), 2011–2015
        • Table Brazilian Non-Life Insurance – Premium per Capita (BRL and US$), 2015–2020
      • Claims
        • Table Brazilian Non-Life Insurance – Paid Claims (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Non-Life Insurance – Paid Claims (BRL Billion and US$ Billion), 2015–2020
      • Profitability
        • Table Brazilian Non-Life Insurance – Profitability Ratio (%), 2011–2015
        • Table Brazilian Non-Life Insurance – Profitability Ratio (%), 2015–2020
      • Assets and investments
        • Table Brazilian Non-Life Insurance – Total Assets (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Non-Life Insurance – Total Assets (BRL Billion and US$ Billion), 2015–2020
        • Table Brazilian Non-Life Insurance – Total Investment Income (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Non-Life Insurance – Total Investment Income (BRL Billion and US$ Billion), 2015–2020
        • Table Brazilian Non-Life Insurance – Investment Portfolio (BRL Billion), 2011–2015
        • Table Brazilian Non-Life Insurance – Investment Portfolio (BRL Billion), 2015–2020
  • Outlook by Category
    • Table Brazilian Non-Life Insurance – Direct Written Premium by Category (BRL Billion),2011–2015
    • Table Brazilian Non-Life Insurance – Direct Written Premium by Category (BRL Billion), 2015–2020
    • Property Insurance
      • Product overview
      • Premium
        • Table Brazilian Property Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2011–2015
        • Table Brazilian Property Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2015–2020
      • Claims
        • Table Brazilian Property Insurance – Paid Claims (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Property Insurance – Paid Claims (BRL Billion and US$ Billion), 2015–2020
      • Profitability
        • Table Brazilian Property Insurance – Loss Ratio (%), 2011–2015
        • Table Brazilian Property Insurance – Loss Ratio (%), 2015–2020
    • Motor Insurance
      • Product overview
      • Premium
        • Table Brazilian Motor Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2011–2015
        • Table Brazilian Motor Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2015–2020
      • Claims
        • Table Brazilian Motor Insurance – Paid Claims (BRL Billion and US$ Billion), 2011–2015
        • Table Brazilian Motor Insurance – Paid Claims (BRL Billion and US$ Billion), 2015–2020
      • Profitability
        • Table Brazilian Motor Insurance – Loss Ratio (%), 2011–2015
        • Table Brazilian Motor Insurance – Loss Ratio (%), 2015–2020
    • Liability Insurance
      • Product overview
      • Premium
        • Table Brazilian Liability Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2011–2015
        • Table Brazilian Liability Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2015–2020
      • Claims
        • Table Brazilian Liability Insurance – Paid Claims (BRL Million and US$ Million), 2011–2015
        • Table Brazilian Liability Insurance – Paid Claims (BRL Million and US$ Million), 2015–2020
      • Profitability
        • Table Brazilian Liability Insurance – Loss Ratio (%), 2011–2015
        • Table Brazilian Liability Insurance – Loss Ratio (%), 2015–2020
    • Marine, Aviation and Transit Insurance
      • Product overview
      • Premium
        • Table Brazilian Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2011–2015
        • Table Brazilian Marine, Aviation and Transit Insurance – Direct Written Premium by Sub-Category (BRL Billion), 2015–2020
      • Claims
        • Table Brazilian Marine, Aviation and Transit Insurance – Paid Claims (BRL Billion and US$ Million), 2011–2015
        • Table Brazilian Marine, Aviation and Transit Insurance – Paid Claims (BRL Billion and US$ Million), 2015–2020
      • Profitability
        • Table Brazilian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2011–2015
        • Table Brazilian Marine, Aviation and Transit Insurance – Loss Ratio (%), 2015–2020
  • Distribution Channel Outlook
  • Natural and Man-Made Hazards
    • Table Average Annual Loss by Hazard (1990–2015)
    • Flooding
    • Droughts
    • Landslides
    • Storms
    • Epidemics
    • Man-Made Disasters
    • Exposure
  • Competitive Landscape
    • Table Brazilian Insurance Industry – Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Porto Seguro Cia de Seguros Gerais – company overview
        • Table Porto Seguro Cia de Seguros Gerais – Key Facts
        • Table Porto Seguro Cia de Seguros Gerais – Key Financials (BRL Million), 2011–2015
      • Mapfre Seguros Gerais SA – company overview
        • Table Mapfre Seguros Gerais SA – Key Facts
        • Table Mapfre Seguros Gerais SA – Key Financials (BRL Million), 2011–2015
      • Bradesco Auto/Re Companhia de Seguros – company overview
        • Table Bradesco Auto/Re Companhia de Seguros – Key Facts
        • Table Bradesco Auto/Re Companhia de Seguros – Key Financials (BRL Million), 2011–2015
      • Seguradora Líder dos Consórcios do Seguro DPVAT SA – company overview
        • Table Seguradora Líder dos Consórcios do Seguro DPVAT SA – Key Facts
        • Table Seguradora Líder dos Consórcios do Seguro DPVAT SA – Key Financials (BRL Million), 2011–2015
      • Sul América Cia Nacional de Seguros – company overview
        • Table Sul América Companhia Nacional de Seguros – Key Facts
        • Table Sul América Companhia Nacional de Seguros – Key Financials (BRL Million), 2011–2015
  • Governance, Risk and Compliance
    • Table Brazil – Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life Insurance
        • Table Brazil – Life Insurance Regulatory Framework
      • Property Insurance
        • Table Brazil – Property Insurance Regulatory Framework
      • Motor Insurance
        • Table Brazil – Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Brazil – Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Motor third-party liability insurance
        • Table Brazil – Compensation Provided by the Insurer in the Event of an Accident
      • Insurance for personal injury caused by ships or cargos
        • Table Brazil – Compensation Provided by the Insurer in the Event of an Accident
      • Social security scheme
      • Domestic credit insurance
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Association of Insurance Supervisors Latin America
      • National Private Insurance Council
      • Superintendent of Private Insurance
      • National Confederation of General Insurance, Private Pension and Life, Supplementary Health and Capitalization Companies
      • National Federation of General Insurance
      • National Federation of Open Private Pension and Life
      • National Federation of Supplementary Health
      • National Federation of Capitalization
    • Non-Admitted Insurance Regulations
      • Overview
      • Intermediaries
      • Market practices
      • Fines and penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
        • Table Brazil – Ratings Required For Registration Of Reinsurance Business
        • Table Brazil – Ratings Required For Registration Of Occasional Business
      • Types of license
      • Capital requirements
        • Table Brazil – Base Capital – Variable Component by Region
      • Solvency margin
        • Table Brazil – Risks Correlation Factor
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxations
      • Withholding taxes on premium paid overseas.
      • Corporate tax
        • Table Brazil – Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Brazilian Insurance Industry – Policies and Premium, 2011–2015
      • Table Brazilian Insurance Industry – Policies and Premium, 2015–2020
    • Claims and Expenses
      • Table Brazilian Non-Life Insurance – Claims and Expenses, 2011–2015
      • Table Brazilian Non-Life Insurance – Claims and Expenses, 2015–2020
    • Assets and Investments
      • Table Brazilian Non-Life Insurance – Assets and Investments, 2011–2015
      • Table Brazilian Non-Life Insurance – Assets and Investments, 2015–2020
    • Property Insurance
      • Table Brazilian Non-Life Insurance – Property Insurance, 2011–2015
      • Table Brazilian Non-Life Insurance – Property Insurance, 2015–2020
    • Property Insurance by Product
      • Table Brazilian Non-Life Insurance – Property Insurance by Product, 2011–2015
      • Table Brazilian Non-Life Insurance – Property Insurance by Product, 2015–2020
    • Motor Insurance
      • Table Brazilian Non-Life Insurance – Motor Insurance, 2011–2015
      • Table Brazilian Non-Life Insurance – Motor Insurance, 2015–2020
    • Motor Insurance by Product
      • Table Brazilian Non-Life Insurance – Motor Insurance by Product, 2011–2015
      • Table Brazilian Non-Life Insurance – Motor Insurance by Product, 2015–2020
    • Liability Insurance
      • Table Brazilian Non-Life Insurance – Liability Insurance, 2011–2015
      • Table Brazilian Non-Life Insurance – Liability Insurance, 2015–2020
    • Marine, Aviation and Transit Insurance
      • Table Brazilian Non-Life Insurance – Marine, Aviation and Transit Insurance, 2011–2015
      • Table Brazilian Non-Life Insurance – Marine, Aviation and Transit Insurance, 2015–2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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