0

Brazil Insurance Market Outlook to 2015

Region:Central and South America

Author(s):

Product Code:AM57

Download Sample Report download
Buy the Full ReportStarting from $630
Published on

March 2011

Total pages

35

Table of Content

Download Sample Report download
Buy the Full ReportStarting from $630

About the Report

About the Report

;The Report titled “Brazil Insurance Market Outlook to 2015” provides an in-depth analysis of the Brazil insurance industry. The report covers specific insights on the market size, insurance density, insurance penetration, segmentation and future outlook of the insurance industry in Brazil. The report also entails the market size on the basis of gross insurance premium written in case of life and non-life insurance and market share of various companies at the country level. Overall, the report offers a comprehensive analysis of the entire Brazil insurance industry.

;

;Brazil is the largest insurance market in Latin America, accounting for nearly ~ % of the gross insurance premium written in the region in 2009. Brazil has the largest population in Latin America which is ninth largest in the world by GDP but has a rate of insurance penetration of just ~ %. This underscores the fact that although the Brazil insurance market is really large in terms of size, it still has tremendous growth potential. Brazil is considered as the third best emerging market next to China and India.

;

;Gross insurance premium in Brazil was valued at USD ~ million in 2001. From that level, the market has increased more than 3 times to USD ~ million in 2009 which indicates an exceptional 8 year CAGR of ~ % from 2001 to 2009. The market felt the jitters of economic recession but managed to grow at ~ % in 2009. It is expected that market will recover by 2010 and will reach USD ~ million in 2011 and USD ~ million in 2015.

;

;Brazil insurance market outlook is very optimistic as indicated by the low penetration level of just ~ % in 2009. It is expected that future growth in the insurance sector will be positive and the gross insurance premium will contribute ~ % in the expected GDP of USD ~ billion by 2015.

;

;Both life and non-life insurance contributes more or less equally to the insurance market in Brazil. Life insurance market share was ~ % in 2009 with the gross insurance premium written of USD ~ million. On the other hand, non-life insurance market commands the market share of ~ % with the gross insurance premium of USD ~ million in 2009. The share of residential and other non-life has also witnessed decline from ~ % and ~ % in 2003 to ~ % and ~ % in 2009. The non-life has lost the market share because of the growing demand for life insurance.

;

;According to Brazil Insurance regulator SUSEP, approximately ~ % of the premium was generated from the Southeast region of Brazil. The region accounts for the largest GDP concentration in the country. The share of Sao Paulo has decreased marginally over the years from ~ % in 2007 to ~ % in 2009.

;

;Porto Seguro is the biggest player in the motor insurance sub segment with a market share of ~ %. SulAmerica is the second largest player with a market share of ~ %, closely followed by Bradesco with ~%. Mapfre and Liberty are other major players with a market share of ~ % and ~ % respectively. Other players in the country constitute collectively ~ % of the remaining market share.

;

;The premium for health insurance in 2003 was USD ~ million. A minor decline in the growth rate in 2004 and a slight increase in growth rate in 2005 was registered. A double digit growth rate was observed for the next three years where the premium increased and reached USD ~ million. A decrease in premium was registered in 2009, which made the premium reach USD ~ million in 2009. The growth is expected in this sub sector in the near future where, the premium is expected to reach USD ~ million, registering a CAGR of ~ % from 2009-2015.

;

;

;

;Scope of Research

;

;The report will entail thorough analysis and offers valuable insights on the insurance industry in the Brazil. The scope of the report includes:

;

    ;
  • ;The market size of life and non-life insurance industry in terms of gross insurance premium written for Brazil, 2001 to 2015
    • ;
  • ;Life and Non-life insurance density in USD for Brazil, 2001 to 2015
    • ;
  • ;Life and Non-life insurance penetration, premium as a percentage of GDP for the country, 2001 to 2015
    • ;
  • ;Market segmentation on the basis of Product in Brazil, 2009 and 2015
    • ;
  • ;Non-life insurance market segmentation by motor, health, property on the basis of gross insurance premium written, historical and projections.
    • ;
  • ;Competitive Landscape of the major life insurers in Brazil on the basis of gross premium written
    • ;
  • ;Competitive Landscape of the major non-life insurers in Brazil on the basis of gross premium written
    • ;
  • ;Valuable Insights and Future Outlook of the insurance industry in Brazil
    • ;

;

Products

Products

Life insurance, non-life insurance, insurance density, insurance penetration, motor insurance, health insurance, property insurance


Companies

Bradesco Life & Pensions, Itau Life & Pensions, Brasilprev Insurance, Santander Seguros, AceSeguradora, Alfa, AlfaSeguradora, AllianzSeguros

Table of Contents

Table of Contents

1. Brazil Insurance Market Introduction

2. Regulatory Structure in Brazil Insurance Sector

3. Brazil Life and Non-Life Insurance Market Size by Value, 2001-2015

4. Brazil Life and Non-Life Insurance Density, Premium Per Capita, USD, 2001-2015

5. Brazil Life and Non-Life Insurance Penetration, Premium as a % of GDP, 2001-2015

6. Brazil Insurance Market Segmentation

6.1. By Product, 2005-2015

6.2. By Geography, 2007-2009

6.3. Brazil Life Insurance Market

6.3.1. Brazil Life Insurance Competitive Landscape, 2009

6.4. Brazil Non-Life Insurance Market

6.4.1. Brazil Non-Life Insurance Competitive Landscape, 2009

6.4.2. Brazil Motor Insurance Market

6.4.2.1. Brazil Motor Insurance Market Size by Value, 2003-2015

6.4.2.2. Brazil Motor Insurance Competitive Landscape, 2009

6.4.3. Brazil Health Insurance Market

6.4.3.1. Brazil Health Insurance Market Size by Value, 2003-2015

6.4.3.2. Brazil Health Insurance Market Concentration

6.4.4. Brazil Residential Insurance Market

6.4.4.1. Brazil Residential Insurance Market Size by Value, 2003-2015

6.4.4.2. Brazil Residential Insurance Competitive Landscape, 2009

7. Brazil Insurance Market Future Outlook

8. Appendix

8.1. Market Definition

8.2. Abbreviations

8.3. Disclaimer

 


List of Figure

Figure 1: Brazil Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015

Figure 2: Brazil Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015

Figure 3: Brazil Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015

Figure 4: Brazil Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, in Percentage, 2003-2009

Figure 5: Brazil Insurance Market Segmentation by Product in Percentage on the basis of Gross Insurance Premium Written, in Percentage, 2010-2015

Figure 6: Brazil Insurance Market Segmentation by Geography (States), on the Basis of Gross Insurance Premium Written, in Percentage, 2007-2009

Figure 7: Brazil Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in Percentage, 2009

Figure 8: Brazil Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

Figure 9: Brazil Motor Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Figure 10: Brazil Market Share of Major Motor Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

Figure 11: Brazil Health Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Figure 12: Evolution of the Number of Health Insurers in Brazil, 2001 and 2009

Figure 13: Breakdown of Health Insurance Coverage Providers on the Basis of Policyholders, 2009

Figure 14: Brazil Residential Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Figure 15: Brazil Market Share of Major Residential Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

 


List of Table

Table 1: Brazil Market Size by Value of Life and Non-Life Insurance Market in USD Million, on the basis of Gross Insurance Premium Written, 2001-2015

Table 2: Brazil Life and Non Life Insurance Density, Premium per Capita, in USD, 2001-2015

Table 3: Brazil Life and Non Life Insurance Penetration, Premium as a Percentage of GDP, 2001-2015

Table 4: Brazil Market Share of Major Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

Table 5: Brazil Market Share of Major Non-Life Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

Table 6: Brazil Motor Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Table 7: Brazil Market Share of Major Motor Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

Table 8: Brazil Health Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Table 9: Brazil Residential Insurance Market Size by Value, on the Basis of Gross Insurance Premium Written, in USD Million, 2003-2015

Table 10: Brazil Market Share of Major Residential Insurers on the basis of Gross Insurance Premium Written, in USD Million, 2009

 

You can also purchase parts of this report.
Do you want to check out a section wise price list?
Get Price Break-up

Why Buy From US?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022