Insurance industry at a glance
Registered firms
313
(authorized insurers, pension companies, local reinsurers and
registered foreign rensurers)
R$ 274 billion
Value of Premia
R$ 108,5 billion
Value of private health insurance and plans
Even with the pandemic, the Brazilian insurance market had a
good performance in 2020, with stable loss ratios and low decrease
of premiums. At the same time, paradigmatic changes in the
regulations are being implemented.
- The product regulation is being simplified and reduced.
- Insurers and local reinsurers were divided into categories by
their size and lines, with reduced regulatory burden to smaller
insurers.
- A sandbox with 20 companies is fully operational.
