Brazil Insurance Sector Report 2025 4th Quarter

The Brazilian insurance sector recorded modest overall expansion in Q3 2025, with total premium income reaching BRL 196.0bn, up 0.3% y/y, though this headline figure conceals a pronounced divergence between segments. Non-life insurance accounted for 64.4% of total premiums and delivered solid growth of 8.5% y/y, supported by sustained strength in financial risks, property and motor lines. In contrast, the life and pension segment contracted 11.7% y/y to BRL 69.8bn, driven almost entirely by the collapse in open pension plan inflows. Insurance penetration eased to 6.0% of GDP, down 0.48 pp versus Q3 2024, as economic output expanded at a faster pace than premium revenue growth.

This report provides a complete and detailed analysis of the "Insurance" sector for Brazil. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Insurance" sector in Brazil
• Crystallise the forces both driving and restraining this sector in Brazil
• Ascertain Brazil’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Brazil.
• Build a clear picture of trends, output and consumption for specific sub-sectors