Fitch Publishes Brazilian Insurance Dashboard
Key items covered in this report include premium growth trends and outlook and sector profitability. Fitch notes that premium growth will remain under pressure throughout 2016. The continuing rise in unemployment, persistently high inflation, and investors and companies' lack of visibility into future macroeconomic dynamics are ongoing risks.
In 2015, total premiums for the Brazilian insurance industry (excluding the health segment) posted 10% growth, reaching
In 2015, sector profitability remained solid, despite the slowdown. Profitability should continue to benefit from high interest rates in 2016. However, a larger than expected fall in premium growth and an increase in inflation could push loss and expense ratios up and undermine technical results.
The 'Brazilian Insurance Dashboard' is available on Fitch's website at www.fitchratings.com, or by clicking on the link.
Additional information is available at 'www.fitchratings.com'.
Brazilian Insurance Dashboard (Second-Half 2015)
https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=879595
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Source: Fitch Ratings
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