Brazil Insurance Market

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Market and Players

  • As of June 2026, the Brazilian insurance market generated premiums of US$ 35.598 million

  • This represented nominal year-on-year growth of 6.1% in USD.

  • 138 insurers compete across the Life, Non-Life and VGBL segments.

  • The market is led by BRASILPREV which held a 12.8% market share as of June 2026. BRADESCO VIDA ranked second, with an 11.9%, followed by CAIXA VIDA with 8.1%.

BRAZIL INSURANCE MARKET SIZE

GROSS WRITTEN PREMIUMS (GWP) - LIFE, NON-LIFE AND VGBL - USD MILLIONS 

SOURCE: SUSEP

Market Leaders

GROSS WRITTEN PREMIUMS (GWP)

SOURCE: SUSEP

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