Life Insurance in Brazil

December 2020 | 42 pages | ID: LEB88B4C720EN
MarketLine

Abstracts

Life Insurance in Brazil

Summary

Life Insurance in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

• The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2019 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.
• The Brazilian life insurance market is expected to generate total gross written premiums of $40.4bn in 2020, representing a compound annual growth rate (CAGR) of 2.8% between 2016 and 2020.
• The life insurance segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $24.3bn, equivalent to 60.1% of the market's overall value.
• One of the main drivers of life insurance spending is consumer confidence. If consumers are confident in their economic ability and the long-term economic prospects of their country, then they are very unlikely to buy life insurance.

Scope

• 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 by both value and volume

Reasons to Buy

• What was the size of the Brazil life insurance market by value in 2020?
• What will be the size of the Brazil life insurance market in 2025?
• What factors are affecting the strength of competition in the Brazil life insurance market?
• How has the market performed over the last five years?
• Who are the top competitiors in Brazil's life insurance market?

Contents

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 is the rationale for the recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?

8 COMPANY PROFILES

8.1. Mapfre SA
8.2. Itau Unibanco Holding SA
8.3. Allianz SE
8.4. Banco Bradesco SA

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

LIST OF TABLES

Table 1: Brazil life insurance market value: $ billion, 2016-20(e)
Table 2: Brazil life insurance market category segmentation: $ billion, 2020(e)
Table 3: Brazil life insurance market geography segmentation: $ billion, 2020(e)
Table 4: Brazil life insurance market value forecast: $ billion, 2020-25
Table 5: Brazil life insurance market share: % share, by value, 2020(e)
Table 6: Mapfre SA: key facts
Table 7: Mapfre SA: Key Employees
Table 8: Mapfre SA: Key Employees Continued
Table 9: Itau Unibanco Holding SA: key facts
Table 10: Itau Unibanco Holding SA: Key Employees
Table 11: Itau Unibanco Holding SA: Key Employees Continued
Table 12: Allianz SE: key facts
Table 13: Allianz SE: Key Employees
Table 14: Allianz SE: Key Employees Continued
Table 15: Banco Bradesco SA: key facts
Table 16: Banco Bradesco SA: Key Employees
Table 17: Brazil size of population (million), 2016-20
Table 18: Brazil gdp (constant 2005 prices, $ billion), 2016-20
Table 19: Brazil gdp (current prices, $ billion), 2016-20
Table 20: Brazil inflation, 2016-20
Table 21: Brazil consumer price index (absolute), 2016-20
Table 22: Brazil exchange rate, 2015-19

List Of Figures

LIST OF FIGURES

Figure 1: Brazil life insurance market value: $ billion, 2016-20(e)
Figure 2: Brazil life insurance market category segmentation: % share, by value, 2020(e)
Figure 3: Brazil life insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: Brazil life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the life insurance market in Brazil, 2020
Figure 6: Drivers of buyer power in the life insurance market in Brazil, 2020
Figure 7: Drivers of supplier power in the life insurance market in Brazil, 2020
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Brazil, 2020
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Brazil, 2020
Figure 10: Drivers of degree of rivalry in the life insurance market in Brazil, 2020
Figure 11: Brazil life insurance market share: % share, by value, 2020(e)

COMPANIES MENTIONED

Mapfre SA
Itau Unibanco Holding SA
Allianz SE
Banco Bradesco SA