New market study, "Brazil Insurance Report Q2 2015", has been published

In USD terms, the development of premiums in Brazil's dynamic insurance sector has been held back by the weakness of the BRL. The sluggish economy has also almost certainly meant that growth in premiums in some lines has been less than it otherwise would have been. Nevertheless, we remain confident that the very positive structural changes that are taking place will have a greater impact on the sector than the currently challenging economic and business environment.

As of early 2015, the overall environment in Brazil's insurance sector continues to be dominated by the weakness of the economy, the softness of the BRL and the rise in interest rates. In spite of the challenges, though, it is clear from the latest reports of the leading insurance companies, that many are achieving good growth in premiums. In the life sector, BB Seguridade, for instance, is enjoying a boom in sales of VGBL and PGBL products, even as growth in Capitalizacao savings bonds has slowed. Health insurers like SulAmerica have been able to increase pricing in health insurance products. Porto Seguro has been able to achieve high single digit growth in the number of cars insured: for houses, the number is in double digits.

Full Report Details at
- http://www.fastmr.com/prod/953205_brazil_insurance_report_q2_2015.aspx?afid=301

In essence, positive structural changes are outweighing negative factors which are basically cyclical or tactical in nature. We think that the positive trends will continue to predominate - in both the non-life and the life segment - through the forecast period. We also note that most of the insurers have enjoyed a strong rise in earnings over the last year or so thanks to the rise in interest rates and good control of costs. Most of the latest developments listed below are consistent with a robust regulatory system, some companies taking measures to improve access to capital, and strategic changes to leverage key competitive advantages.

In neither of the main segments will key metrics such as penetration and density be at particularly high levels at the end of the...

The Brazil Insurance Report has been researched at source and features Business Monitor International (BMI)'s independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.

BMI's Brazil Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Brazilian insurance industry.

Key Benefits

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

You may also be interested in these related reports:

- Iran Insurance Report Q2 2015
- Nigeria Insurance Report Q2 2015
- Bahrain Insurance Report Q2 2015
- Canada Insurance Report Q2 2015
- Hungary Insurance Report Q2 2015