Brazil Life Insurance Market to 2027
![](/report_cover/4228/brazil-life-insurance-market-to-2027_en.gif)
Brazil Life Insurance Market to 2027
Summary
Life Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Summary
Life Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The market is segmented into Life Insurance and Pension/Annuity.
- The Brazilian life insurance market had total gross written premiums of $39.7 billion in 2022, representing a compound annual growth rate (CAGR) of 6.5% between 2017 and 2022.
- The life insurance segment accounted for the market's largest proportion in 2022, with total gross written premiums of $22 billion, equivalent to 55.5% of the market's overall value.
- Life insurance coverage in the Brazilian population is relatively low. According to in-house research, in 2022, life insurance penetration (ratio of premiums to GDP) in Brazil was 2%.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Brazil
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Brazil
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Brazil life insurance market with five year forecasts
- What was the size of the Brazil life insurance market by value in 2022?
- What will be the size of the Brazil life insurance market in 2027?
- What factors are affecting the strength of competition in the Brazil life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Brazil's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What has been the rationale behind recent M&A activity?
8 COMPANY PROFILES
8.1. Brasilprev Seguros e Previdencia SA
8.2. Banco Bradesco SA
8.3. Caixa Economica Federal
8.4. Zurich Insurance Group Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do the leading players follow?
7.4. What has been the rationale behind recent M&A activity?
8 COMPANY PROFILES
8.1. Brasilprev Seguros e Previdencia SA
8.2. Banco Bradesco SA
8.3. Caixa Economica Federal
8.4. Zurich Insurance Group Ltd
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Brazil life insurance market value: $ billion, 2017–22
Table 2: Brazil life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Brazil life insurance market category segmentation: $ billion, 2017-2022
Table 4: Brazil life insurance market geography segmentation: $ billion, 2018–2022
Table 5: Brazil life insurance market value forecast: $ billion, 2022–27
Table 6: Brazil life insurance market share: % share, by value, 2022
Table 7: Brasilprev Seguros e Previdencia SA: key facts
Table 8: Brasilprev Seguros e Previdencia SA: Key Employees
Table 9: Banco Bradesco SA: key facts
Table 10: Banco Bradesco SA: Annual Financial Ratios
Table 11: Banco Bradesco SA: Key Employees
Table 12: Banco Bradesco SA: Key Employees Continued
Table 13: Caixa Economica Federal: key facts
Table 14: Caixa Economica Federal: Key Employees
Table 15: Zurich Insurance Group Ltd: key facts
Table 16: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 17: Zurich Insurance Group Ltd: Key Employees
Table 18: Zurich Insurance Group Ltd: Key Employees Continued
Table 19: Brazil size of population (million), 2018–22
Table 20: Brazil gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Brazil gdp (current prices, $ billion), 2018–22
Table 22: Brazil inflation, 2018–22
Table 23: Brazil consumer price index (absolute), 2018–22
Table 24: Brazil exchange rate, 2018–22
Table 1: Brazil life insurance market value: $ billion, 2017–22
Table 2: Brazil life insurance market category segmentation: % share, by value, 2017–2022
Table 3: Brazil life insurance market category segmentation: $ billion, 2017-2022
Table 4: Brazil life insurance market geography segmentation: $ billion, 2018–2022
Table 5: Brazil life insurance market value forecast: $ billion, 2022–27
Table 6: Brazil life insurance market share: % share, by value, 2022
Table 7: Brasilprev Seguros e Previdencia SA: key facts
Table 8: Brasilprev Seguros e Previdencia SA: Key Employees
Table 9: Banco Bradesco SA: key facts
Table 10: Banco Bradesco SA: Annual Financial Ratios
Table 11: Banco Bradesco SA: Key Employees
Table 12: Banco Bradesco SA: Key Employees Continued
Table 13: Caixa Economica Federal: key facts
Table 14: Caixa Economica Federal: Key Employees
Table 15: Zurich Insurance Group Ltd: key facts
Table 16: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 17: Zurich Insurance Group Ltd: Key Employees
Table 18: Zurich Insurance Group Ltd: Key Employees Continued
Table 19: Brazil size of population (million), 2018–22
Table 20: Brazil gdp (constant 2005 prices, $ billion), 2018–22
Table 21: Brazil gdp (current prices, $ billion), 2018–22
Table 22: Brazil inflation, 2018–22
Table 23: Brazil consumer price index (absolute), 2018–22
Table 24: Brazil exchange rate, 2018–22
LIST OF FIGURES
Figure 1: Brazil life insurance market value: $ billion, 2017–22
Figure 2: Brazil life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Brazil life insurance market geography segmentation: % share, by value, 2018,2022
Figure 4: Brazil life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Brazil, 2022
Figure 6: Drivers of buyer power in the life insurance market in Brazil, 2022
Figure 7: Drivers of supplier power in the life insurance market in Brazil, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Brazil, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Brazil, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Brazil, 2022
Figure 11: Brazil life insurance market share: % share, by value, 2022
Figure 1: Brazil life insurance market value: $ billion, 2017–22
Figure 2: Brazil life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Brazil life insurance market geography segmentation: % share, by value, 2018,2022
Figure 4: Brazil life insurance market value forecast: $ billion, 2022–27
Figure 5: Forces driving competition in the life insurance market in Brazil, 2022
Figure 6: Drivers of buyer power in the life insurance market in Brazil, 2022
Figure 7: Drivers of supplier power in the life insurance market in Brazil, 2022
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Brazil, 2022
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Brazil, 2022
Figure 10: Drivers of degree of rivalry in the life insurance market in Brazil, 2022
Figure 11: Brazil life insurance market share: % share, by value, 2022