{"id":10464,"date":"2025-06-06T12:53:42","date_gmt":"2025-06-06T15:53:42","guid":{"rendered":"https:\/\/www.irbre.com\/?p=10464"},"modified":"2025-06-17T14:05:20","modified_gmt":"2025-06-17T17:05:20","slug":"insurance-companies-contracted-r-7-1-billion-in-reinsurance-in-1q25","status":"publish","type":"post","link":"https:\/\/www.irbre.com\/en\/insurance-companies-contracted-r-7-1-billion-in-reinsurance-in-1q25\/","title":{"rendered":"Insurance companies contracted R$ 7.1 billion in reinsurance, in 1Q25"},"content":{"rendered":"

IRB+Market Report shows a 13.8% increase in the transfer of premiums to reinsurers compared to the first three months of 2024. Insurance sector revenue totaled R$ 52.3 billion<\/em><\/p>\n

Insurers across Brazil contracted R$ 7.1 billion in reinsurance in the first three months of 2025. The amount is 13.8% higher than that recorded in the first quarter of last year, with emphasis on the Property, Automobile and Guarantee business lines.<\/p>\n

This is what the 51st edition of the IRB+Market Report shows. Published today (06\/06) by the IRB+Intelig\u00eancia<\/a> platform, the analysis considers the database updated by Susep, the market regulatory body, on Monday (02\/06).<\/p>\n

The pace of reinsurance contracting, unlike in 1Q24, outpaced the growth in insurers’ revenue. From January to March, insurance premiums issued totaled R$52.3 billion, 8.7% higher than the amount recorded in the same period in 2024.<\/p>\n

In relation to losses incurred, the accumulated total was R$ 19.9 billion in this first quarter. The loss ratio closed at 41.6%, 1.9 percentage points (p.p.) above the rate recorded in the first three months of last year, aggravated mainly by the Corporate Damage and Liability segment, which showed an 8 p.p. increase in the loss ratio.<\/p>\n

35.8% of premiums issued are Life<\/strong>
\nThe largest segment of the insurance market, Life<\/strong> was responsible for 35.8% of premiums issued in 1Q25. The segment earned R$ 18.7 billion, an increase of 9.2% compared to 1Q24. Life and Lender insurance, which together accounted for 72.3% of this increase. The loss ratio in the segment remained stable and closed at 28%.<\/p>\n

Automobile<\/strong> grew 6.7% in the first three months of the year and totaled R$14.2 billion in premiums. The loss ratio increased 3.1 p.p. compared to 1Q24, closing at 60.3%.<\/p>\n

Damages and Liabilities<\/strong>, in turn, ended the first quarter with R$9.8 billion in revenue, an increase of 11% compared to 1Q24. The loss ratio closed at 38.6%, mainly due to the increase in claims in the Aeronautical, Property and Transportation lines.<\/p>\n

Individual Damage<\/strong> recorded revenue of R$4.5 billion in 1Q25, a positive variation of 12.7% compared to a year earlier, mainly due to Comprehensive Business and Extended Warranty insurance. The loss ratio, on the other hand, fell 3.5 p.p., closing the quarter at 32.8%.<\/p>\n

Rural<\/strong> ended the quarter with a 0.2% decline compared to 1Q24, totaling R$3.3 in premiums. Despite the growth recorded in January and February, respectively, 3% and 7%, the 11.6% drop in March was enough to reverse the positive trajectory. The loss ratio increased 3 p.p., reaching 48.9%.<\/p>\n

With double-digit growth from January to March 2025, the Credit and Guarantee<\/strong> segment ended the quarter with the highest variation in the market: +14.7%, with emphasis on the Guarantee Insured product – Public Sector (+38.9). The loss ratio fell 3 p.p. and reached 25.9%.<\/p>\n

The IRB+Market Report, available in full here on the IRB(Re) website<\/a>, summarizes insurance operations. As for the dashboard, it allows dynamic and free consultation of information from the entire segment.<\/p>\n","protected":false},"excerpt":{"rendered":"

IRB+Market Report shows a 13.8% increase in the transfer of premiums to reinsurers compared to the first three months of 2024. Insurance sector revenue totaled R$ 52.3 billion Insurers across Brazil contracted R$ 7.1 billion in reinsurance in the first three months of 2025. The amount is 13.8% higher than that recorded in the first […]<\/p>\n","protected":false},"author":5,"featured_media":6921,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63],"tags":[],"class_list":["post-10464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/posts\/10464","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/comments?post=10464"}],"version-history":[{"count":2,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/posts\/10464\/revisions"}],"predecessor-version":[{"id":10466,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/posts\/10464\/revisions\/10466"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/media\/6921"}],"wp:attachment":[{"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/media?parent=10464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/categories?post=10464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.irbre.com\/en\/wp-json\/wp\/v2\/tags?post=10464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}