Synopsis
The report provides top-level market analysis, information and insights into the Brazilian life insurance market, including:
Brazil is the world's seventeenth-largest insurance market, and the largest in the Latin American region. The insurance industry in the country has expanded significantly over the last decade, driven by strong macroeconomic and microeconomic fundamentals, raising consumer awareness of insurance products, partial relaxation of regulatory restrictions, and liberalization of the industry to allow foreign competition. However, despite this industry expansion, Brazil remains a largely untapped market with 70% of the employed population being uninsured. Low insurance penetration, with total life, pension and property and accident insurance premiums representing 3% of the country's GDP, is an opportunity for insurance companies to explore.
Scope
This report provides a comprehensive analysis of the life insurance market in Brazil:
The report provides top-level market analysis, information and insights into the Brazilian life insurance market, including:
- The Brazilian life insurance market’s growth prospects by life insurance categories and customer segments
- The various distribution channels in the Brazilian life insurance market
- The competitive landscape in the Brazilian life insurance market
- A description of the life reinsurance market in Brazil
Brazil is the world's seventeenth-largest insurance market, and the largest in the Latin American region. The insurance industry in the country has expanded significantly over the last decade, driven by strong macroeconomic and microeconomic fundamentals, raising consumer awareness of insurance products, partial relaxation of regulatory restrictions, and liberalization of the industry to allow foreign competition. However, despite this industry expansion, Brazil remains a largely untapped market with 70% of the employed population being uninsured. Low insurance penetration, with total life, pension and property and accident insurance premiums representing 3% of the country's GDP, is an opportunity for insurance companies to explore.
Scope
This report provides a comprehensive analysis of the life insurance market in Brazil:
- It provides historical values for Brazil’s life insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
- It offers a detailed analysis of the key sub-segments in Brazil’s life insurance market, along with market forecasts until 2016
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
- It analyses the various distribution channels for life insurance products in Brazil
- Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Brazil for the life insurance business
- It provides a detailed analysis of the reinsurance market in Brazil and its growth prospects
- It profiles the top life insurance companies in Brazil, and outlines the key regulations affecting them
- Make strategic business decisions using top-level historic and forecast market data related to the Brazilian life insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Brazilian life insurance market
- Assess the competitive dynamics in the life insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Brazilian insurance market and its impact on companies and the market's future
- Brazil remains a largely untapped market with 70% of the employed population being uninsured
- The growth of the Brazilian life insurance market was driven by the significant increase in sales of deferred annuity products for individuals, also known as Vida Gerador de Benefícios Livres (VGBL)
- The Brazilian life insurance market is dominated by private banks that own and control the leading insurance companies. In 2011, bancassurance represented the largest distribution channel for life insurance and pension products
- In 2011, the individual pension category was the largest in terms of written premium with a total market share of 79.7%
- The regulatory environment is expected to become more restrictive following new proposals by the Superintendência de Seguros Privados (SUSEP), the Superintendence of Private Insurance. SUSEP has announced plans to tighten the solvency rules for life insurance companies, and plans to increase the minimum retained capital for these companies which are currently very low.
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 BRAZILIAN INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 LIFE INSURANCE MARKET OUTLOOK
4.1 Life Insurance Growth Prospects by Category
4.1.1 Individual life insurance category market size, 2007–2016
4.1.2 Individual pension category market size, 2007–2016
4.1.3 Individual others life insurance products category market size, 2007–2016
4.1.4 Group life insurance category market size, 2007–2016
4.1.5 Group superannuation category market size, 2007–2016
4.2 Life Insurance Growth Prospects by Customer Segments
4.2.1 Individual segment market size, 2007–2016
4.2.2 Individual single premium category market size, 2007–2016
4.2.3 Individual non-single premium category market size, 2007–2016
4.2.4 Group segment market size, 2007–2016
4.2.5 Group single premium category market size, 2007–2016
4.2.6 Group non-single premium category market size, 2007–2016
5 ANALYSIS BY DISTRIBUTION CHANNEL
5.1 Direct marketing channel market size, 2007–2016
5.2 Bancassurance channel market size, 2007–2016
5.3 Brokers channel market size, 2007–2016
5.4 Other channel market size, 2007–2016
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – BRAZILIAN LIFE INSURANCE MARKET
7.1 Bargaining Power of Supplier: medium to High
7.2 Bargaining Power of Buyer: low to medium
7.3 Barriers to Entry: low to medium
7.4 Intensity of Rivalry: high
7.5 Threat of Substitutes: low
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Brazilian Life Insurance Market
9.3 Bradesco Seguros S.A – Company Overview
9.3.1 Bradesco Seguros S.A – key facts
9.3.2 Bradesco Seguros S.A – main products
9.3.3 Bradesco Seguros S.A – main competitors
9.3.4 Bradesco Seguros S.A – key employees
9.4 Itau Unibanco Holding SA – Company Overview
9.4.1 Itau Unibanco Holding SA – key facts
9.4.2 Itau Unibanco Holding SA – main products
9.4.3 Itau Unibanco Holding SA – main competitors
9.4.4 Itau Unibanco Holding SA– key employees
9.5 Banco do Brasil S.A. – Company Overview
9.5.1 Banco do Brasil S.A. – key facts
9.5.2 Banco do Brasil S.A. – main products and services
9.5.3 Banco do Brasil S.A. – main competitors
9.5.4 Banco do Brasil S.A. – key employees
9.6 Santander Seguros S.A – Company Overview
9.6.1 Santander Seguros S.A – key facts
9.6.2 Santander Seguros S.A – main products
9.6.3 Santander Seguros S.A – main competitors
9.6.4 Santander Seguros S.A – key employees
9.7 Caixa Geral de Depositos, SA – Company Overview
9.7.1 Caixa Geral de Depositos, SA – key facts
9.7.2 Caixa Geral de Depositos, SA – main products
9.7.3 Caixa Geral de Depositos, SA – main competitors
9.7.4 Caixa Geral de Depositos, SA – key employees
9.8 Mapfre SA – Company Overview
9.8.1 Mapfre SA – key facts
9.8.2 Mapfre SA – main products
9.8.3 Mapfre SA – main competitors
9.8.4 Mapfre SA– key employees
9.9 Metropolitan Life Seguros E Previdencia Privada S.A – Company Overview
9.9.1 Metropolitan Life Seguros E Previdencia Privada S.A – key facts
9.9.2 Metropolitan Life Seguros E Previdencia Privada S.A – main products
9.9.3 Metropolitan Life Seguros E Previdencia Privada S.A – main competitors
9.9.4 Metropolitan Life Seguros E Previdencia Privada S.A – key employees
9.1 Icatu Hartford Seguros S.A – Company Overview
9.10.1 Icatu Hartford Seguros S.A – key facts
9.10.2 Icatu Hartford Seguros S.A – main products
9.10.3 Icatu Hartford Seguros S.A – main competitors
9.10.4 Icatu Hartford Seguros S.A – key employees
9.11 Sul America SA – Company Overview
9.11.1 Sul America SA – key facts
9.11.2 Sul America SA – main products
9.11.3 Sul America SA – main competitors
9.11.4 Sul America SA – key employees
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Business confidence index
10.1.2 Market capitalization trend - Bovespa index, Brazil
10.1.3 FDI inflow by industry
10.1.4 Deployment of credit
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP split by key sectors
10.2.6 Agriculture net output at current prices (Brazilian real)
10.2.7 Agriculture net output at current prices (US dollars)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Brazilian real)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Brazilian real)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Brazilian real)
10.2.16 Construction net output at current prices (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Crude steel production
10.2.19 Crude oil consumption
10.2.20 Inflation rate
10.2.21 Fiscal balance as a percentage of GDP
10.2.22 Current account balance as a percentage of GDP
10.2.23 Exports as a percentage of GDP
10.2.24 Imports as a percentage of GDP
10.2.25 Exports growth
10.2.26 Imports growth
10.2.27 External debt as a percentage of GDP
10.2.28 Annual average exchange rate (US$–BRL)
10.2.29 End of period exchange rate (US$–BRL)
10.2.30 Debt service ratio
10.3 Infrastructure Quality and Availability
10.3.1 Total airports
10.3.2 Passenger vehicle production
10.3.3 Commercial vehicle production volume
10.3.4 Automotive components exports
10.3.5 Automotive components imports
10.3.6 Passenger vehicle exports
10.3.7 Commercial vehicle exports
10.3.8 Passenger car penetration
10.3.9 Motorcycle penetration
10.3.10 Total installed capacity for electricity generation
10.3.11 Installed capacity for the generation of conventional thermal electricity
10.3.12 Electricity production
10.3.13 Installed capacity for the generation of hydro-electricity
10.3.14 Installed capacity for renewable electricity generation
10.3.15 Electricity consumption
10.3.16 Electricity exports
10.3.17 Electricity imports
10.3.18 Healthcare expenditure
10.3.19 Healthcare expenditure as a percentage of GDP
10.3.20 Healthcare expenditure per capita
10.3.21 Total internet subscribers
10.3.22 Broadband internet subscribers
10.3.23 Personal computer penetration rate
10.3.24 Mobile phone penetration rate
10.3.25 R&D Expenditure as a percentage of GDP
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Annual consumer expenditure on food
10.5.4 Annual per capita consumer expenditure on food
10.5.5 Total population
10.5.6 Urban and rural population
10.5.7 Female percentage of population
10.5.8 Male percentage of population
10.5.9 Mean age of population
10.5.10 Median age of population
10.5.11 Population density
10.5.12 Age distribution of the total population
10.5.13 Age distribution of the male population
10.5.14 Age distribution of the female population
10.5.15 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism Index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.2 Contact us
11.3 About Timetric
11.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Market Definitions
Table 2: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2007–2011
Table 3: Brazil Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2011–2016
Table 5: Brazil Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Brazil Insurance Segmentation (%), 2007–2016
Table 7: Life Insurance Written Premium by Category (BRL Billion), 2007–2011
Table 8: Life Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Life Insurance Written Premium by Category (BRL Billion), 2011–2016
Table 10: Life Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Life Insurance Market – Incurred Loss (BRL Billion), 2007–2011
Table 12: Life Insurance Market – Incurred Loss (BRL Billion), 2011–2016
Table 13: Life Insurance Market Loss Ratio (%), 2007–2011
Table 14: Life Insurance Market Loss Ratio (%), 2011–2016
Table 15: Life Insurance Market – Commissions and Expenses (BRL Billion), 2007–2011
Table 16: Life Insurance Market – Commissions and Expenses (BRL Billion), 2011–2016
Table 17: Life Insurance Market Combined Ratio (%), 2007–2011
Table 18: Life Insurance Market Combined Ratio (%), 2011–2016
Table 19: Life Insurance Market – Frauds and Crimes (BRL Billion), 2007–2011
Table 20: Life Insurance Market – Frauds and Crimes (BRL Billion), 2011–2016
Table 21: Life Insurance Market – Total Assets (BRL Billion), 2007–2011
Table 22: Life Insurance Market – Total Assets (BRL Billion), 2011–2016
Table 23: Life Insurance Market – Total Investment Income (BRL Billion), 2007–2011
Table 24: Life Insurance Market – Total Investment Income (BRL Billion), 2011–2016
Table 25: Life Insurance Market – Retentions (BRL Billion), 2007–2011
Table 26: Life Insurance Market – Retentions (BRL Billion), 2011–2016
Table 27: Individual Life Insurance Category by Volume (’000), 2007–2011
Table 28: Individual Life Insurance Category by Volume (’000), 2011–2016
Table 29: Individual Life Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 30: Individual Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 31: Individual Pension Insurance Category by Volume (’000), 2007–2011
Table 32: Individual Pension Insurance Category by Volume (’000), 2011–2016
Table 33: Individual Pension Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 34: Individual Pension Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 35: Individual Others Life Insurance Products Category by Volume (’000), 2007–2011
Table 36: Individual Others Life Insurance Products Category by Volume (’000), 2011–2016
Table 37: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2007–2011
Table 38: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2011–2016
Table 39: Group life Insurance Category by Volume (’000), 2007–2011
Table 40: Group life Insurance Category by Volume (’000), 2011–2016
Table 41: Group life Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 42: Group Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 43: Group Superannuation Category by Volume (’000), 2007–2011
Table 44: Group Superannuation Category by Volume (’000), 2011–2016
Table 45: Group Superannuation Category by Written Premium (BRL Billion), 2007–2011
Table 46: Group Superannuation Category by Written Premium (BRL Billion), 2011–2016
Table 47: Individual Single Premium Category by Volume (’000), 2007–2011
Table 48: Individual Single Premium Category by Volume (’000), 2011–2016
Table 49: Individual Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 50: Individual Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 51: Individual Non-Single Premium Category by Volume (’000), 2007–2011
Table 52: Individual Non-Single Premium Category by Volume (’000), 2011–2016
Table 53: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 54: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 55: Group Single Premium Category by Volume (’000), 2007–2011
Table 56: Group Single Premium Category by Volume (’000), 2011–2016
Table 57: Group Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 58: Group Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 59: Group Non-Single Premium Category by Volume (’000), 2007–2011
Table 60: Group Non-Single Premium Category by Volume (’000), 2011–2016
Table 61: Group Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 62: Group Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 63: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2007–2011
Table 64: Life Insurance Market –Direct Marketing Commission Paid (BRL Billion), 2011–2016
Table 65: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2007–2011
Table 66: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2011–2016
Table 67: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2007–2011
Table 68: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2011–2016
Table 69: Life Insurance Market – Number of Direct Marketing Distributors, 2007–2011
Table 70: Life Insurance Market – Number of Direct Marketing Distributors, 2011–2016
Table 71: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2007–2011
Table 72: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2011–2016
Table 73: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2007–2011
Table 74: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2011–2016
Table 75: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2007–2011
Table 76: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2011–2016
Table 77: Life Insurance Market – Number of Bancassurance Distributors, 2007–2011
Table 78: Life Insurance Market – Number of Bancassurance Distributors, 2011–2016
Table 79: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2007–2011
Table 80: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2011–2016
Table 81: Life Insurance Market – Written Premium Through Brokers (BRL Billion|), 2007–2011
Table 82: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2011–2016
Table 83: Life Insurance Market – Policies Sold Through Brokers (‘000), 2007–2011
Table 84: Life Insurance Market – Policies Sold Through Brokers (‘000), 2011–2016
Table 85: Life Insurance Market – Number of Brokers, 2007–2011
Table 86: Life Insurance Market – Number of Brokers, 2011–2016
Table 87: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2007–2011
Table 88: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2011–2016
Table 89: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2007–2011
Table 90: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2011–2016
Table 91: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2007–2011
Table 92: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2011–2016
Table 93: Life Insurance Market – Number of Distributors in Other Channels, 2007–2011
Table 94: Life Insurance Market – Number of Distributors in Other Channels, 2011–2016
Table 95: Reinsurance Market in Brazil by Category (BRL Billion), 2007–2011
Table 96: Reinsurance Market in Brazil by Category (US$ Billion), 2007–2011
Table 97: Reinsurance Market in Brazil by Category (BRL Billion), 2011–2016
Table 98: Reinsurance Market in Brazil by Category (US$ Billion), 2011–2016
Table 99: Reinsurance Ceded by Type of Insurance (BRL Billion), 2007–2011
Table 100: Reinsurance Ceded by Type of Insurance (US$ Billion), 2007–2011
Table 101: Reinsurance Ceded by Type of Insurance (BRL Billion), 2011–2016
Table 102: Reinsurance Ceded by Type of Insurance (US$ Billion), 2011–2016
Table 103: Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 104: Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 105: Life Insurance Market Shares 2009 and 2010
Table 106: Bradesco Seguros S.A, Key Facts
Table 107: Bradesco Seguros S.A, Main Products
Table 108: Bradesco Seguros S.A, Key Employees
Table 109: Itau Unibanco Holding SA, Key Facts
Table 110: Itau Unibanco Holding SA, Main Products
Table 111: Itau Unibanco Holding SA, Key Employees
Table 112: Banco do Brasil S.A., Key Facts
Table 113: Banco do Brasil S.A., Main Products and Services
Table 114: Banco do Brasil S.A., Key Employees
Table 115: Santander Seguros S.A, Key Facts
Table 116: Santander Seguros S.A, Main Products
Table 117: Santander Seguros S.A, Key Employees
Table 118: Caixa Geral de Depositos, SA, Key Facts
Table 119: Caixa Geral de Depositos, SA, Main Products
Table 120: Caixa Geral de Depositos, SA, Key Employees
Table 121: Mapfre SA, Key Facts
Table 122: Mapfre SA, Main Products
Table 123: Mapfre SA, Key Employees
Table 124: Metropolitan Life Seguros E Previdencia Privada S.A, Key Facts
Table 125: Metropolitan Life Seguros E Previdencia Privada S.A, Main Products
Table 126: Metropolitan Life Seguros E Previdencia Privada S.A, Key Employees
Table 127: Icatu Hartford Seguros S.A, Key Facts
Table 128: Icatu Hartford Seguros S.A, Main Products
Table 129: Icatu Hartford Seguros S.A, Key Employees
Table 130: Sul America SA, Key Facts
Table 131: Sul America SA, Main Products
Table 132: Sul America SA, Key Employees
LIST OF FIGURES
Figure 1: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2007–2016
Figure 2: Brazil Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Life Insurance Written Premium by Category (BRL Billion), 2007–2016
Figure 4: Life Insurance Written Premium by Category, 2011 and 2016
Figure 5: Life Insurance Market Dynamics by Category, 2007–2016
Figure 6: Life Insurance Market – Incurred Loss (BRL Billion), 2007–2011
Figure 7: Life Insurance Market – Incurred Loss (BRL Billion), 2011–2016
Figure 8: Life Insurance Market Loss Ratio (%), 2007–2011
Figure 9: Life Insurance Market Loss Ratio (%), 2011–2016
Figure 10: Life Insurance Market – Commissions and Expenses (BRL Billion), 2007–2011
Figure 11: Life Insurance Market – Commissions and Expenses (BRL Billion), 2011–2016
Figure 12: Life Insurance Market Combined Ratio (%), 2007–2011
Figure 13: Life Insurance Market Combined Ratio (%), 2011–2016
Figure 14: Life Insurance Market – Frauds and Crimes (BRL Billion), 2007–2011
Figure 15: Life Insurance Market – Frauds and Crimes (BRL Billion), 2011–2016
Figure 16: Life Insurance Market – Total Assets (BRL Billion), 2007–2011
Figure 17: Life Insurance Market – Total Assets (BRL Billion), 2011–2016
Figure 18: Life Insurance Market – Total Investment Income (BRL Billion), 2007–2011
Figure 19: Life Insurance Market – Total Investment Income (BRL Billion), 2011–2016
Figure 20: Life Insurance Market – Retentions (BRL Billion), 2007–2011
Figure 21: Life Insurance Market – Retentions (BRL Billion), 2011–2016
Figure 22: Life Insurance Market – Investment Type (BRL Billion), 2007–2011
Figure 23: Life Insurance Market – Investment Type, 2007 and 2011
Figure 24: Life Insurance Market – Density and Penetration (%), 2007–2011
Figure 25: Life Insurance Market – Number of Policies Sold (’000), 2007–2011
Figure 26: Life Insurance Market – Number of Policies Sold (’000), 2011–2016
Figure 27: Life Insurance Market – Premium Per-capita (BRL), 2007–2011
Figure 28: Individual Life Insurance Category by Volume (’000), 2007–2011
Figure 29: Individual Life Insurance Category by Volume (’000), 2011–2016
Figure 30: Individual Life Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 31: Individual Life Insurance by Written Premium (BRL Billion), 2011–2016
Figure 32: Individual Pension Insurance Category by Volume (’000), 2007–2011
Figure 33: Individual Pension Insurance Category by Volume (’000), 2011–2016
Figure 34: Individual Pension Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 35: Individual Pension Insurance Category by Written Premium (BRL Billion), 2011–2016
Figure 36: Individual Others Life Insurance Products Category by Volume (’000), 2007–2011
Figure 37: Individual Others Life Insurance Products Category by Volume (’000), 2011–2016
Figure 38: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2007–2011
Figure 39: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2011–2016
Figure 40: Group life Insurance Category by Volume (’000), 2007–2011
Figure 41: Group life Insurance Category by Volume (’000), 2011–2016
Figure 42: Group life Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 43: Group Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Figure 44: Group Superannuation Category by Volume (’000), 2007–2011
Figure 45: Group Superannuation Category by Volume (’000), 2011–2016
Figure 46: Group Superannuation Category by Written Premium (BRL Billion), 2007–2011
Figure 47: Group Superannuation Category by Written Premium (BRL Billion), 2011–2016
Figure 48: Individual Single Premium Category by Volume (’000), 2007–2011
Figure 49: Individual Single Premium Category by Volume (’000), 2011–2016
Figure 50: Individual Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 51: Individual Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 52: Individual Non-Single Premium Category by Volume (’000), 2007–2011
Figure 53: Individual Non-Single Premium Category by Volume (’000), 2011–2016
Figure 54: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 55: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 56: Group Single Premium Category by Volume (’000), 2007–2011
Figure 57: Group Single Premium Category by Volume (’000), 2011–2016
Figure 58: Group Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 59: Group Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 60: Group Non-Single Premium Category by Volume (’000), 2007–2011
Figure 61: Group Non-Single Premium Category by Volume (’000), 2011–2016
Figure 62: Group Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 63: Group Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 64: Life Insurance New Business Written Premium – Market Shares by Distribution Channel, 2011 and 2016
Figure 65: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2007–2011
Figure 66: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2011–2016
Figure 67: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2007–2011
Figure 68: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2011–2016
Figure 69: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2007–2011
Figure 70: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2011–2016
Figure 71: Life Insurance Market – Number of Direct Marketing Distributors, 2007–2011
Figure 72: Life Insurance Market – Number of Direct Marketing Distributors, 2011–2016
Figure 73: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2007–2011
Figure 74: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2011–2016
Figure 75: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2007–2011
Figure 76: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2011–2016
Figure 77: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2007–2011
Figure 78: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2011–2016
Figure 79: Life Insurance Market – Number of Bancassurance Distributors, 2007–2011
Figure 80: Life Insurance Market – Number of Bancassurance Distributors, 2011–2016
Figure 81: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2007–2011
Figure 82: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2011–2016
Figure 83: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2007–2011
Figure 84: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2011–2016
Figure 85: Life Insurance Market – Policies Sold Through Brokers (‘000), 2007–2011
Figure 86: Life Insurance Market – Policies Sold Through Brokers (‘000), 2011–2016
Figure 87: Life Insurance Market – Number of Brokers, 2007–2011
Figure 88: Life Insurance Market – Number of Brokers, 2011–2016
Figure 89: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2007–2011
Figure 90: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2011–2016
Figure 91: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2007–2011
Figure 92: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2011–2016
Figure 93: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2007–2011
Figure 94: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2011–2016
Figure 95: Life Insurance Market – Number of Distributors in Other Channels, 2007–2011
Figure 96: Life Insurance Market – Number of Distributors in Other Channels, 2011–2016
Figure 97: Brazil Life Insurance Market – Five Forces Analysis
Figure 98: Premium Ceded to Reinsurance by Category (BRL Billion), 2007–2016
Figure 99: Reinsurance Premium Share by Category, 2011 and 2016
Figure 100: Reinsurance Market Dynamics by Category, 2007–2016
Figure 101: Reinsurance Ceded by Type of Insurance (BRL Billion), 2007–2016
Figure 102: Reinsurance Market Dynamics by Type of Insurance, 2007–2016
Figure 103: Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 104: Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 105: Life Insurance Market Shares 2009 and 2010
Figure 106: Brazilian Business Confidence Indicator, 2005–2009
Figure 107: Bovespa Index Market Capitalization (US$ Billion), 2004–2010
Figure 108: Brazilian FDI Inflows by Industry (US$ Billion), 2003–2009
Figure 109: Brazilian Deployment of Credit (US$ Billion), 2003–2009
Figure 110: Brazilian GDP at Constant Prices (US$ Billion), 2007–2016
Figure 111: Brazilian GDP Per Capita at Constant Prices (US$), 2007–2016
Figure 112: Brazilian GDP at Current Prices (US$ Billion), 2007–2016
Figure 113: Brazilian GDP Per Capita at Current Prices (US$), 2007–2016
Figure 114: Brazilian GDP Split by Key Sectors (%), 2003 and 2008
Figure 115: Brazilian Agriculture Net Output at Current Prices (BRL Billion), 2007–2016
Figure 116: Brazilian Agriculture Net Output at Current Prices (US$ Billion), 2007–2016
Figure 117: Brazilian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 118: Brazilian Manufacturing Net Output at Current Prices (BRL Billion), 2007–2016
Figure 119: Brazilian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2016
Figure 120: Brazilian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 121: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices (BRL Billion), 2007–2016
Figure 122: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2016
Figure 123: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 124: Brazilian Construction Net Output at Current Prices (BRL Billion), 2007–2016
Figure 125: Brazilian Construction Net Output at Current Prices (US$ Billion), 2007–2016
Figure 126: Brazilian Construction Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 127: Brazilian Crude Steel Production (Million Metric Tons), 2007–2016
Figure 128: Brazilian Crude Oil Consumption (Million Tons), 2007–2016
Figure 129: Brazilian Inflation Rate (%), 2007–2016
Figure 130: Brazilian Fiscal Balance as a Percentage of GDP (%), 2007–2011
Figure 131: Brazilian Current Account Balance as a Percentage of GDP (%), 2004–2010
Figure 132: Brazilian Exports as a Percentage of GDP (%), 2007–2016
Figure 133: Brazilian Imports as a Percentage of GDP (%), 2007–2016
Figure 134: Brazilian Exports Growth (%), 2007–2016
Figure 135: Brazilian Imports Growth (%), 2007–2016
Figure 136: Brazilian External Debt as a Percentage of GDP (%), 2007–2010
Figure 137: Brazilian Annual Average Exchange Rate (US$–BRL), 2007–2010
Figure 138: Brazilian End of Period Exchange Rate (US$–BRL), 2007–2010
Figure 139: Brazil Debt Service Ratio, 2003–2009
Figure 140: Brazilian Number of Airports, 2010
Figure 141: Brazilian Passenger Vehicle Production (Million Units), 2007–2016
Figure 142: Brazilian Commercial Vehicle Production (Units), 2007–2016
Figure 143: Brazilian Automotive Components Exports (US$ Billion), 2007–2016
Figure 144: Brazilian Automotive Components Imports (US$ Billion), 2007–2016
Figure 145: Brazil Passenger Vehicle Exports (Units), 2007–2016
Figure 146: Brazilian Commercial Vehicle Exports (Units), 2007–2016
Figure 147: Brazil Passenger Vehicle Exports (Units), 2007–2016
Figure 148: Brazil Motorcycle Penetration (per Thousand People), 2007–2015
Figure 149: Brazilian Total Installed Capacity for Electricity Generation (Million Kilowatts), 2007–2016
Figure 150: Brazilian Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts), 2007–2016
Figure 151: Brazilian Electricity Production (Billion Kilowatts Hours), 2007–2016
Figure 152: Brazilian Installed Capacity for the Generation of Hydro-Electricity (Million Kilowatts), 2007–2016
Figure 153: Brazilian Installed Capacity for the Generation of Renewable Electricity (Million Kilowatts), 2007–2016
Figure 154: Brazilian Electricity Consumption (Billion Kilowatt Hours), 2007–2016
Figure 155: Brazilian Electricity Exports (Million Kilowatts Hours), 2007–2016
Figure 156: Brazilian Electricity Imports (Billon Kilowatts Hours), 2007–2016
Figure 157: Brazilian Healthcare Expenditure (US$ Billion), 2007–2016
Figure 158: Brazilian Healthcare Expenditure as a Percentage of GDP (%), 2007–2016
Figure 159: Brazilian Per Capita Healthcare Expenditure (US$), 2007–2016
Figure 160: Brazilian Internet Subscriptions (Millions), 2007–2016
Figure 161: Brazilian Broadband Internet Subscriptions (Millions), 2007–2016
Figure 162: Brazilian Personal Computer Penetration Rate (per Hundred People), 2007–2016
Figure 163: Brazilian Mobile Phone Penetration (%), 2007–2016
Figure 164: Brazilian R&D Expenditure as a Percentage of GDP (%), 2007–2016
Figure 165: Brazilian Size of Labor Force (Million), 2007–2016
Figure 166: Brazilian Unemployment Rate (%), 2007–2016
Figure 167: Brazilian Annual Disposable Income (US$ Billion), 2007–2016
Figure 168: Brazilian Annual Per Capita Disposable Income (US$), 2007–2016
Figure 169: Brazilian Consumer Expenditure on Food (US$ Billion), 2007–2016
Figure 170: Brazilian Annual Per Capita Consumer Expenditure on Food (US$), 2007–2016
Figure 171: Brazilian Total Population (Million People), 2007–2016
Figure 172: Brazilian Urban and Rural Population (%), 2007–2016
Figure 173: Brazilian Female as a Percentage of Total Population (%), 2007–2016
Figure 174: Brazilian Male as a Percentage of Total Population (%), 2007–2016
Figure 175: Brazilian Mean Age of Population (Years), 2007–2016
Figure 176: Brazilian Median Age of Population (Years), 2007–2016
Figure 177: Brazilian Population Density (per Square Kilometer), 2007–2016
Figure 178: Brazilian Population Distribution by Age (%), 2007–2016
Figure 179: Brazilian Male Population Distribution by Age (%), 2007–2016
Figure 180: Brazilian Female Population Distribution by Age (%), 2007–2016
Figure 181: Brazilian Households, Number of (Million), 2007–2016
Figure 182: Global Terrorism Heat Map, 2010
Figure 183: Brazilian Transparency Index, 2007–2010
COMPANIES MENTIONED
Bradesco Seguros S.A
Itau Unibanco Holding SA
Banco do Brasil S.A.
Santander Seguros S.A
Caixa Geral de Depositos, SA
Mapfre SA
Metropolitan Life Seguros E Previdencia Privada S.A
Icatu Hartford Seguros S.A
Sul America SA
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 BRAZILIAN INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 LIFE INSURANCE MARKET OUTLOOK
4.1 Life Insurance Growth Prospects by Category
4.1.1 Individual life insurance category market size, 2007–2016
4.1.2 Individual pension category market size, 2007–2016
4.1.3 Individual others life insurance products category market size, 2007–2016
4.1.4 Group life insurance category market size, 2007–2016
4.1.5 Group superannuation category market size, 2007–2016
4.2 Life Insurance Growth Prospects by Customer Segments
4.2.1 Individual segment market size, 2007–2016
4.2.2 Individual single premium category market size, 2007–2016
4.2.3 Individual non-single premium category market size, 2007–2016
4.2.4 Group segment market size, 2007–2016
4.2.5 Group single premium category market size, 2007–2016
4.2.6 Group non-single premium category market size, 2007–2016
5 ANALYSIS BY DISTRIBUTION CHANNEL
5.1 Direct marketing channel market size, 2007–2016
5.2 Bancassurance channel market size, 2007–2016
5.3 Brokers channel market size, 2007–2016
5.4 Other channel market size, 2007–2016
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – BRAZILIAN LIFE INSURANCE MARKET
7.1 Bargaining Power of Supplier: medium to High
7.2 Bargaining Power of Buyer: low to medium
7.3 Barriers to Entry: low to medium
7.4 Intensity of Rivalry: high
7.5 Threat of Substitutes: low
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Brazilian Life Insurance Market
9.3 Bradesco Seguros S.A – Company Overview
9.3.1 Bradesco Seguros S.A – key facts
9.3.2 Bradesco Seguros S.A – main products
9.3.3 Bradesco Seguros S.A – main competitors
9.3.4 Bradesco Seguros S.A – key employees
9.4 Itau Unibanco Holding SA – Company Overview
9.4.1 Itau Unibanco Holding SA – key facts
9.4.2 Itau Unibanco Holding SA – main products
9.4.3 Itau Unibanco Holding SA – main competitors
9.4.4 Itau Unibanco Holding SA– key employees
9.5 Banco do Brasil S.A. – Company Overview
9.5.1 Banco do Brasil S.A. – key facts
9.5.2 Banco do Brasil S.A. – main products and services
9.5.3 Banco do Brasil S.A. – main competitors
9.5.4 Banco do Brasil S.A. – key employees
9.6 Santander Seguros S.A – Company Overview
9.6.1 Santander Seguros S.A – key facts
9.6.2 Santander Seguros S.A – main products
9.6.3 Santander Seguros S.A – main competitors
9.6.4 Santander Seguros S.A – key employees
9.7 Caixa Geral de Depositos, SA – Company Overview
9.7.1 Caixa Geral de Depositos, SA – key facts
9.7.2 Caixa Geral de Depositos, SA – main products
9.7.3 Caixa Geral de Depositos, SA – main competitors
9.7.4 Caixa Geral de Depositos, SA – key employees
9.8 Mapfre SA – Company Overview
9.8.1 Mapfre SA – key facts
9.8.2 Mapfre SA – main products
9.8.3 Mapfre SA – main competitors
9.8.4 Mapfre SA– key employees
9.9 Metropolitan Life Seguros E Previdencia Privada S.A – Company Overview
9.9.1 Metropolitan Life Seguros E Previdencia Privada S.A – key facts
9.9.2 Metropolitan Life Seguros E Previdencia Privada S.A – main products
9.9.3 Metropolitan Life Seguros E Previdencia Privada S.A – main competitors
9.9.4 Metropolitan Life Seguros E Previdencia Privada S.A – key employees
9.1 Icatu Hartford Seguros S.A – Company Overview
9.10.1 Icatu Hartford Seguros S.A – key facts
9.10.2 Icatu Hartford Seguros S.A – main products
9.10.3 Icatu Hartford Seguros S.A – main competitors
9.10.4 Icatu Hartford Seguros S.A – key employees
9.11 Sul America SA – Company Overview
9.11.1 Sul America SA – key facts
9.11.2 Sul America SA – main products
9.11.3 Sul America SA – main competitors
9.11.4 Sul America SA – key employees
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Business confidence index
10.1.2 Market capitalization trend - Bovespa index, Brazil
10.1.3 FDI inflow by industry
10.1.4 Deployment of credit
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP split by key sectors
10.2.6 Agriculture net output at current prices (Brazilian real)
10.2.7 Agriculture net output at current prices (US dollars)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Brazilian real)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Brazilian real)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Brazilian real)
10.2.16 Construction net output at current prices (US dollars)
10.2.17 Construction net output at current prices as a percentage of GDP
10.2.18 Crude steel production
10.2.19 Crude oil consumption
10.2.20 Inflation rate
10.2.21 Fiscal balance as a percentage of GDP
10.2.22 Current account balance as a percentage of GDP
10.2.23 Exports as a percentage of GDP
10.2.24 Imports as a percentage of GDP
10.2.25 Exports growth
10.2.26 Imports growth
10.2.27 External debt as a percentage of GDP
10.2.28 Annual average exchange rate (US$–BRL)
10.2.29 End of period exchange rate (US$–BRL)
10.2.30 Debt service ratio
10.3 Infrastructure Quality and Availability
10.3.1 Total airports
10.3.2 Passenger vehicle production
10.3.3 Commercial vehicle production volume
10.3.4 Automotive components exports
10.3.5 Automotive components imports
10.3.6 Passenger vehicle exports
10.3.7 Commercial vehicle exports
10.3.8 Passenger car penetration
10.3.9 Motorcycle penetration
10.3.10 Total installed capacity for electricity generation
10.3.11 Installed capacity for the generation of conventional thermal electricity
10.3.12 Electricity production
10.3.13 Installed capacity for the generation of hydro-electricity
10.3.14 Installed capacity for renewable electricity generation
10.3.15 Electricity consumption
10.3.16 Electricity exports
10.3.17 Electricity imports
10.3.18 Healthcare expenditure
10.3.19 Healthcare expenditure as a percentage of GDP
10.3.20 Healthcare expenditure per capita
10.3.21 Total internet subscribers
10.3.22 Broadband internet subscribers
10.3.23 Personal computer penetration rate
10.3.24 Mobile phone penetration rate
10.3.25 R&D Expenditure as a percentage of GDP
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Annual consumer expenditure on food
10.5.4 Annual per capita consumer expenditure on food
10.5.5 Total population
10.5.6 Urban and rural population
10.5.7 Female percentage of population
10.5.8 Male percentage of population
10.5.9 Mean age of population
10.5.10 Median age of population
10.5.11 Population density
10.5.12 Age distribution of the total population
10.5.13 Age distribution of the male population
10.5.14 Age distribution of the female population
10.5.15 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism Index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.2 Contact us
11.3 About Timetric
11.4 Disclaimer
LIST OF TABLES
Table 1: Insurance Market Definitions
Table 2: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2007–2011
Table 3: Brazil Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2011–2016
Table 5: Brazil Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Brazil Insurance Segmentation (%), 2007–2016
Table 7: Life Insurance Written Premium by Category (BRL Billion), 2007–2011
Table 8: Life Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Life Insurance Written Premium by Category (BRL Billion), 2011–2016
Table 10: Life Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Life Insurance Market – Incurred Loss (BRL Billion), 2007–2011
Table 12: Life Insurance Market – Incurred Loss (BRL Billion), 2011–2016
Table 13: Life Insurance Market Loss Ratio (%), 2007–2011
Table 14: Life Insurance Market Loss Ratio (%), 2011–2016
Table 15: Life Insurance Market – Commissions and Expenses (BRL Billion), 2007–2011
Table 16: Life Insurance Market – Commissions and Expenses (BRL Billion), 2011–2016
Table 17: Life Insurance Market Combined Ratio (%), 2007–2011
Table 18: Life Insurance Market Combined Ratio (%), 2011–2016
Table 19: Life Insurance Market – Frauds and Crimes (BRL Billion), 2007–2011
Table 20: Life Insurance Market – Frauds and Crimes (BRL Billion), 2011–2016
Table 21: Life Insurance Market – Total Assets (BRL Billion), 2007–2011
Table 22: Life Insurance Market – Total Assets (BRL Billion), 2011–2016
Table 23: Life Insurance Market – Total Investment Income (BRL Billion), 2007–2011
Table 24: Life Insurance Market – Total Investment Income (BRL Billion), 2011–2016
Table 25: Life Insurance Market – Retentions (BRL Billion), 2007–2011
Table 26: Life Insurance Market – Retentions (BRL Billion), 2011–2016
Table 27: Individual Life Insurance Category by Volume (’000), 2007–2011
Table 28: Individual Life Insurance Category by Volume (’000), 2011–2016
Table 29: Individual Life Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 30: Individual Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 31: Individual Pension Insurance Category by Volume (’000), 2007–2011
Table 32: Individual Pension Insurance Category by Volume (’000), 2011–2016
Table 33: Individual Pension Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 34: Individual Pension Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 35: Individual Others Life Insurance Products Category by Volume (’000), 2007–2011
Table 36: Individual Others Life Insurance Products Category by Volume (’000), 2011–2016
Table 37: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2007–2011
Table 38: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2011–2016
Table 39: Group life Insurance Category by Volume (’000), 2007–2011
Table 40: Group life Insurance Category by Volume (’000), 2011–2016
Table 41: Group life Insurance Category by Written Premium (BRL Billion), 2007–2011
Table 42: Group Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Table 43: Group Superannuation Category by Volume (’000), 2007–2011
Table 44: Group Superannuation Category by Volume (’000), 2011–2016
Table 45: Group Superannuation Category by Written Premium (BRL Billion), 2007–2011
Table 46: Group Superannuation Category by Written Premium (BRL Billion), 2011–2016
Table 47: Individual Single Premium Category by Volume (’000), 2007–2011
Table 48: Individual Single Premium Category by Volume (’000), 2011–2016
Table 49: Individual Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 50: Individual Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 51: Individual Non-Single Premium Category by Volume (’000), 2007–2011
Table 52: Individual Non-Single Premium Category by Volume (’000), 2011–2016
Table 53: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 54: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 55: Group Single Premium Category by Volume (’000), 2007–2011
Table 56: Group Single Premium Category by Volume (’000), 2011–2016
Table 57: Group Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 58: Group Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 59: Group Non-Single Premium Category by Volume (’000), 2007–2011
Table 60: Group Non-Single Premium Category by Volume (’000), 2011–2016
Table 61: Group Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Table 62: Group Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Table 63: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2007–2011
Table 64: Life Insurance Market –Direct Marketing Commission Paid (BRL Billion), 2011–2016
Table 65: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2007–2011
Table 66: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2011–2016
Table 67: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2007–2011
Table 68: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2011–2016
Table 69: Life Insurance Market – Number of Direct Marketing Distributors, 2007–2011
Table 70: Life Insurance Market – Number of Direct Marketing Distributors, 2011–2016
Table 71: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2007–2011
Table 72: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2011–2016
Table 73: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2007–2011
Table 74: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2011–2016
Table 75: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2007–2011
Table 76: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2011–2016
Table 77: Life Insurance Market – Number of Bancassurance Distributors, 2007–2011
Table 78: Life Insurance Market – Number of Bancassurance Distributors, 2011–2016
Table 79: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2007–2011
Table 80: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2011–2016
Table 81: Life Insurance Market – Written Premium Through Brokers (BRL Billion|), 2007–2011
Table 82: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2011–2016
Table 83: Life Insurance Market – Policies Sold Through Brokers (‘000), 2007–2011
Table 84: Life Insurance Market – Policies Sold Through Brokers (‘000), 2011–2016
Table 85: Life Insurance Market – Number of Brokers, 2007–2011
Table 86: Life Insurance Market – Number of Brokers, 2011–2016
Table 87: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2007–2011
Table 88: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2011–2016
Table 89: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2007–2011
Table 90: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2011–2016
Table 91: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2007–2011
Table 92: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2011–2016
Table 93: Life Insurance Market – Number of Distributors in Other Channels, 2007–2011
Table 94: Life Insurance Market – Number of Distributors in Other Channels, 2011–2016
Table 95: Reinsurance Market in Brazil by Category (BRL Billion), 2007–2011
Table 96: Reinsurance Market in Brazil by Category (US$ Billion), 2007–2011
Table 97: Reinsurance Market in Brazil by Category (BRL Billion), 2011–2016
Table 98: Reinsurance Market in Brazil by Category (US$ Billion), 2011–2016
Table 99: Reinsurance Ceded by Type of Insurance (BRL Billion), 2007–2011
Table 100: Reinsurance Ceded by Type of Insurance (US$ Billion), 2007–2011
Table 101: Reinsurance Ceded by Type of Insurance (BRL Billion), 2011–2016
Table 102: Reinsurance Ceded by Type of Insurance (US$ Billion), 2011–2016
Table 103: Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 104: Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 105: Life Insurance Market Shares 2009 and 2010
Table 106: Bradesco Seguros S.A, Key Facts
Table 107: Bradesco Seguros S.A, Main Products
Table 108: Bradesco Seguros S.A, Key Employees
Table 109: Itau Unibanco Holding SA, Key Facts
Table 110: Itau Unibanco Holding SA, Main Products
Table 111: Itau Unibanco Holding SA, Key Employees
Table 112: Banco do Brasil S.A., Key Facts
Table 113: Banco do Brasil S.A., Main Products and Services
Table 114: Banco do Brasil S.A., Key Employees
Table 115: Santander Seguros S.A, Key Facts
Table 116: Santander Seguros S.A, Main Products
Table 117: Santander Seguros S.A, Key Employees
Table 118: Caixa Geral de Depositos, SA, Key Facts
Table 119: Caixa Geral de Depositos, SA, Main Products
Table 120: Caixa Geral de Depositos, SA, Key Employees
Table 121: Mapfre SA, Key Facts
Table 122: Mapfre SA, Main Products
Table 123: Mapfre SA, Key Employees
Table 124: Metropolitan Life Seguros E Previdencia Privada S.A, Key Facts
Table 125: Metropolitan Life Seguros E Previdencia Privada S.A, Main Products
Table 126: Metropolitan Life Seguros E Previdencia Privada S.A, Key Employees
Table 127: Icatu Hartford Seguros S.A, Key Facts
Table 128: Icatu Hartford Seguros S.A, Main Products
Table 129: Icatu Hartford Seguros S.A, Key Employees
Table 130: Sul America SA, Key Facts
Table 131: Sul America SA, Main Products
Table 132: Sul America SA, Key Employees
LIST OF FIGURES
Figure 1: Brazil Insurance Overall Written Premium by Segment (BRL Billion), 2007–2016
Figure 2: Brazil Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Life Insurance Written Premium by Category (BRL Billion), 2007–2016
Figure 4: Life Insurance Written Premium by Category, 2011 and 2016
Figure 5: Life Insurance Market Dynamics by Category, 2007–2016
Figure 6: Life Insurance Market – Incurred Loss (BRL Billion), 2007–2011
Figure 7: Life Insurance Market – Incurred Loss (BRL Billion), 2011–2016
Figure 8: Life Insurance Market Loss Ratio (%), 2007–2011
Figure 9: Life Insurance Market Loss Ratio (%), 2011–2016
Figure 10: Life Insurance Market – Commissions and Expenses (BRL Billion), 2007–2011
Figure 11: Life Insurance Market – Commissions and Expenses (BRL Billion), 2011–2016
Figure 12: Life Insurance Market Combined Ratio (%), 2007–2011
Figure 13: Life Insurance Market Combined Ratio (%), 2011–2016
Figure 14: Life Insurance Market – Frauds and Crimes (BRL Billion), 2007–2011
Figure 15: Life Insurance Market – Frauds and Crimes (BRL Billion), 2011–2016
Figure 16: Life Insurance Market – Total Assets (BRL Billion), 2007–2011
Figure 17: Life Insurance Market – Total Assets (BRL Billion), 2011–2016
Figure 18: Life Insurance Market – Total Investment Income (BRL Billion), 2007–2011
Figure 19: Life Insurance Market – Total Investment Income (BRL Billion), 2011–2016
Figure 20: Life Insurance Market – Retentions (BRL Billion), 2007–2011
Figure 21: Life Insurance Market – Retentions (BRL Billion), 2011–2016
Figure 22: Life Insurance Market – Investment Type (BRL Billion), 2007–2011
Figure 23: Life Insurance Market – Investment Type, 2007 and 2011
Figure 24: Life Insurance Market – Density and Penetration (%), 2007–2011
Figure 25: Life Insurance Market – Number of Policies Sold (’000), 2007–2011
Figure 26: Life Insurance Market – Number of Policies Sold (’000), 2011–2016
Figure 27: Life Insurance Market – Premium Per-capita (BRL), 2007–2011
Figure 28: Individual Life Insurance Category by Volume (’000), 2007–2011
Figure 29: Individual Life Insurance Category by Volume (’000), 2011–2016
Figure 30: Individual Life Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 31: Individual Life Insurance by Written Premium (BRL Billion), 2011–2016
Figure 32: Individual Pension Insurance Category by Volume (’000), 2007–2011
Figure 33: Individual Pension Insurance Category by Volume (’000), 2011–2016
Figure 34: Individual Pension Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 35: Individual Pension Insurance Category by Written Premium (BRL Billion), 2011–2016
Figure 36: Individual Others Life Insurance Products Category by Volume (’000), 2007–2011
Figure 37: Individual Others Life Insurance Products Category by Volume (’000), 2011–2016
Figure 38: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2007–2011
Figure 39: Individual Others Life Insurance Products Category by Written Premium (BRL Billion), 2011–2016
Figure 40: Group life Insurance Category by Volume (’000), 2007–2011
Figure 41: Group life Insurance Category by Volume (’000), 2011–2016
Figure 42: Group life Insurance Category by Written Premium (BRL Billion), 2007–2011
Figure 43: Group Life Insurance Category by Written Premium (BRL Billion), 2011–2016
Figure 44: Group Superannuation Category by Volume (’000), 2007–2011
Figure 45: Group Superannuation Category by Volume (’000), 2011–2016
Figure 46: Group Superannuation Category by Written Premium (BRL Billion), 2007–2011
Figure 47: Group Superannuation Category by Written Premium (BRL Billion), 2011–2016
Figure 48: Individual Single Premium Category by Volume (’000), 2007–2011
Figure 49: Individual Single Premium Category by Volume (’000), 2011–2016
Figure 50: Individual Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 51: Individual Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 52: Individual Non-Single Premium Category by Volume (’000), 2007–2011
Figure 53: Individual Non-Single Premium Category by Volume (’000), 2011–2016
Figure 54: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 55: Individual Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 56: Group Single Premium Category by Volume (’000), 2007–2011
Figure 57: Group Single Premium Category by Volume (’000), 2011–2016
Figure 58: Group Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 59: Group Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 60: Group Non-Single Premium Category by Volume (’000), 2007–2011
Figure 61: Group Non-Single Premium Category by Volume (’000), 2011–2016
Figure 62: Group Non-Single Premium Category by Written Premium (BRL Billion), 2007–2011
Figure 63: Group Non-Single Premium Category by Written Premium (BRL Billion), 2011–2016
Figure 64: Life Insurance New Business Written Premium – Market Shares by Distribution Channel, 2011 and 2016
Figure 65: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2007–2011
Figure 66: Life Insurance Market – Direct Marketing Commission Paid (BRL Billion), 2011–2016
Figure 67: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2007–2011
Figure 68: Life Insurance Market – Written Premium Through Direct Marketing (BRL Billion), 2011–2016
Figure 69: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2007–2011
Figure 70: Life Insurance Market – Policies Sold Through Direct Marketing (‘000), 2011–2016
Figure 71: Life Insurance Market – Number of Direct Marketing Distributors, 2007–2011
Figure 72: Life Insurance Market – Number of Direct Marketing Distributors, 2011–2016
Figure 73: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2007–2011
Figure 74: Life Insurance Market – Bancassurance Commission Paid (BRL Billion), 2011–2016
Figure 75: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2007–2011
Figure 76: Life Insurance Market – Written Premium Through Bancassurance (BRL Billion), 2011–2016
Figure 77: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2007–2011
Figure 78: Life Insurance Market – Policies Sold Through Bancassurance (‘000), 2011–2016
Figure 79: Life Insurance Market – Number of Bancassurance Distributors, 2007–2011
Figure 80: Life Insurance Market – Number of Bancassurance Distributors, 2011–2016
Figure 81: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2007–2011
Figure 82: Life Insurance Market – Commission Paid to Brokers (BRL Billion), 2011–2016
Figure 83: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2007–2011
Figure 84: Life Insurance Market – Written Premium Through Brokers (BRL Billion), 2011–2016
Figure 85: Life Insurance Market – Policies Sold Through Brokers (‘000), 2007–2011
Figure 86: Life Insurance Market – Policies Sold Through Brokers (‘000), 2011–2016
Figure 87: Life Insurance Market – Number of Brokers, 2007–2011
Figure 88: Life Insurance Market – Number of Brokers, 2011–2016
Figure 89: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2007–2011
Figure 90: Life Insurance Market – Commission Paid to Other Channels (BRL Billion), 2011–2016
Figure 91: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2007–2011
Figure 92: Life Insurance Market – Written Premium Through Other Channels (BRL Billion), 2011–2016
Figure 93: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2007–2011
Figure 94: Life Insurance Market – Policies Sold Through Other Channels (‘000), 2011–2016
Figure 95: Life Insurance Market – Number of Distributors in Other Channels, 2007–2011
Figure 96: Life Insurance Market – Number of Distributors in Other Channels, 2011–2016
Figure 97: Brazil Life Insurance Market – Five Forces Analysis
Figure 98: Premium Ceded to Reinsurance by Category (BRL Billion), 2007–2016
Figure 99: Reinsurance Premium Share by Category, 2011 and 2016
Figure 100: Reinsurance Market Dynamics by Category, 2007–2016
Figure 101: Reinsurance Ceded by Type of Insurance (BRL Billion), 2007–2016
Figure 102: Reinsurance Market Dynamics by Type of Insurance, 2007–2016
Figure 103: Life Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Figure 104: Life Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Figure 105: Life Insurance Market Shares 2009 and 2010
Figure 106: Brazilian Business Confidence Indicator, 2005–2009
Figure 107: Bovespa Index Market Capitalization (US$ Billion), 2004–2010
Figure 108: Brazilian FDI Inflows by Industry (US$ Billion), 2003–2009
Figure 109: Brazilian Deployment of Credit (US$ Billion), 2003–2009
Figure 110: Brazilian GDP at Constant Prices (US$ Billion), 2007–2016
Figure 111: Brazilian GDP Per Capita at Constant Prices (US$), 2007–2016
Figure 112: Brazilian GDP at Current Prices (US$ Billion), 2007–2016
Figure 113: Brazilian GDP Per Capita at Current Prices (US$), 2007–2016
Figure 114: Brazilian GDP Split by Key Sectors (%), 2003 and 2008
Figure 115: Brazilian Agriculture Net Output at Current Prices (BRL Billion), 2007–2016
Figure 116: Brazilian Agriculture Net Output at Current Prices (US$ Billion), 2007–2016
Figure 117: Brazilian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 118: Brazilian Manufacturing Net Output at Current Prices (BRL Billion), 2007–2016
Figure 119: Brazilian Manufacturing Net Output at Current Prices (US$ Billion), 2007–2016
Figure 120: Brazilian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 121: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices (BRL Billion), 2007–2016
Figure 122: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007–2016
Figure 123: Brazilian Mining, Manufacturing and Utilities Net Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 124: Brazilian Construction Net Output at Current Prices (BRL Billion), 2007–2016
Figure 125: Brazilian Construction Net Output at Current Prices (US$ Billion), 2007–2016
Figure 126: Brazilian Construction Output at Current Prices as a Percentage of GDP (%), 2007–2016
Figure 127: Brazilian Crude Steel Production (Million Metric Tons), 2007–2016
Figure 128: Brazilian Crude Oil Consumption (Million Tons), 2007–2016
Figure 129: Brazilian Inflation Rate (%), 2007–2016
Figure 130: Brazilian Fiscal Balance as a Percentage of GDP (%), 2007–2011
Figure 131: Brazilian Current Account Balance as a Percentage of GDP (%), 2004–2010
Figure 132: Brazilian Exports as a Percentage of GDP (%), 2007–2016
Figure 133: Brazilian Imports as a Percentage of GDP (%), 2007–2016
Figure 134: Brazilian Exports Growth (%), 2007–2016
Figure 135: Brazilian Imports Growth (%), 2007–2016
Figure 136: Brazilian External Debt as a Percentage of GDP (%), 2007–2010
Figure 137: Brazilian Annual Average Exchange Rate (US$–BRL), 2007–2010
Figure 138: Brazilian End of Period Exchange Rate (US$–BRL), 2007–2010
Figure 139: Brazil Debt Service Ratio, 2003–2009
Figure 140: Brazilian Number of Airports, 2010
Figure 141: Brazilian Passenger Vehicle Production (Million Units), 2007–2016
Figure 142: Brazilian Commercial Vehicle Production (Units), 2007–2016
Figure 143: Brazilian Automotive Components Exports (US$ Billion), 2007–2016
Figure 144: Brazilian Automotive Components Imports (US$ Billion), 2007–2016
Figure 145: Brazil Passenger Vehicle Exports (Units), 2007–2016
Figure 146: Brazilian Commercial Vehicle Exports (Units), 2007–2016
Figure 147: Brazil Passenger Vehicle Exports (Units), 2007–2016
Figure 148: Brazil Motorcycle Penetration (per Thousand People), 2007–2015
Figure 149: Brazilian Total Installed Capacity for Electricity Generation (Million Kilowatts), 2007–2016
Figure 150: Brazilian Installed Capacity for the Generation of Conventional Thermal Electricity (Million Kilowatts), 2007–2016
Figure 151: Brazilian Electricity Production (Billion Kilowatts Hours), 2007–2016
Figure 152: Brazilian Installed Capacity for the Generation of Hydro-Electricity (Million Kilowatts), 2007–2016
Figure 153: Brazilian Installed Capacity for the Generation of Renewable Electricity (Million Kilowatts), 2007–2016
Figure 154: Brazilian Electricity Consumption (Billion Kilowatt Hours), 2007–2016
Figure 155: Brazilian Electricity Exports (Million Kilowatts Hours), 2007–2016
Figure 156: Brazilian Electricity Imports (Billon Kilowatts Hours), 2007–2016
Figure 157: Brazilian Healthcare Expenditure (US$ Billion), 2007–2016
Figure 158: Brazilian Healthcare Expenditure as a Percentage of GDP (%), 2007–2016
Figure 159: Brazilian Per Capita Healthcare Expenditure (US$), 2007–2016
Figure 160: Brazilian Internet Subscriptions (Millions), 2007–2016
Figure 161: Brazilian Broadband Internet Subscriptions (Millions), 2007–2016
Figure 162: Brazilian Personal Computer Penetration Rate (per Hundred People), 2007–2016
Figure 163: Brazilian Mobile Phone Penetration (%), 2007–2016
Figure 164: Brazilian R&D Expenditure as a Percentage of GDP (%), 2007–2016
Figure 165: Brazilian Size of Labor Force (Million), 2007–2016
Figure 166: Brazilian Unemployment Rate (%), 2007–2016
Figure 167: Brazilian Annual Disposable Income (US$ Billion), 2007–2016
Figure 168: Brazilian Annual Per Capita Disposable Income (US$), 2007–2016
Figure 169: Brazilian Consumer Expenditure on Food (US$ Billion), 2007–2016
Figure 170: Brazilian Annual Per Capita Consumer Expenditure on Food (US$), 2007–2016
Figure 171: Brazilian Total Population (Million People), 2007–2016
Figure 172: Brazilian Urban and Rural Population (%), 2007–2016
Figure 173: Brazilian Female as a Percentage of Total Population (%), 2007–2016
Figure 174: Brazilian Male as a Percentage of Total Population (%), 2007–2016
Figure 175: Brazilian Mean Age of Population (Years), 2007–2016
Figure 176: Brazilian Median Age of Population (Years), 2007–2016
Figure 177: Brazilian Population Density (per Square Kilometer), 2007–2016
Figure 178: Brazilian Population Distribution by Age (%), 2007–2016
Figure 179: Brazilian Male Population Distribution by Age (%), 2007–2016
Figure 180: Brazilian Female Population Distribution by Age (%), 2007–2016
Figure 181: Brazilian Households, Number of (Million), 2007–2016
Figure 182: Global Terrorism Heat Map, 2010
Figure 183: Brazilian Transparency Index, 2007–2010
COMPANIES MENTIONED
Bradesco Seguros S.A
Itau Unibanco Holding SA
Banco do Brasil S.A.
Santander Seguros S.A
Caixa Geral de Depositos, SA
Mapfre SA
Metropolitan Life Seguros E Previdencia Privada S.A
Icatu Hartford Seguros S.A
Sul America SA
