Life Insurance in Brazil, Key Trends and Opportunities to 2018 - New Study Released

The Brazilian life segment is the largest in the industry, accounting for around 53% of its gross written premium in 2013. The segment grew at a CAGR of 20.6% during the review period, driven by economic development, a rise in disposable incomes and tax incentives. The gross written premium registered by the segment will continue to grow, primarily due to the segment's low penetration rate of 2% in 2012 and aided by increasing confidence and family incomes. Growth over the forecast period will also be driven by the bancassurance channel, as Brazilian banks have extensive branch networks, and with banking being the first point of contact for those who are newly accessing financial services.

Report Highlights

* The Brazilian life segment is the largest in the industry, accounting for around 53% of its gross written premium in 2013.
* The country's middle class, which is a main driver of consumption, will continue to expand during the forecast period.
* A large section of Brazilians are not aware of the benefits of taking life cover, or the measures necessary for preventing their wealth from being subjected to capital protection.
* Life segment growth is partly driven by the attractive tax incentives provided by the government through open pension products.
* The Brazilian life insurance segment is highly concentrated, with 10 leading insurers accounting for an 89.2% share of the segment's total gross written premiums in 2013.
* The Brazilian life insurance segment is dominated by three leading companies, which accounted for 66.6% of the segment's total gross written premiums in 2013.

Full Report Details at
- http://www.fastmr.com/prod/861613_life_insurance_in_brazil_key_trends_and.aspx?afid=303

Report Scope

This report provides a comprehensive analysis of the life insurance segment in Brazil:

* It provides historical values for the Brazilian life insurance segment for the report's 2009-2013 review period and forecast figures for the 2013-2018 forecast period.
* It offers a detailed analysis of the key categories in the Brazilian life insurance segment, along with market forecasts until 2018.
* 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 segment in Brazil and its growth prospects.
* It profiles the top life insurance companies in Brazil and outlines the key regulations affecting them.

Reasons to Get this Report

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