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Brazilian (BOVESPA) Insurance Industry Analysis
UpdatedAug 13, 2025
DataAggregated Company Financials
Companies5
- 7D3.0%
- 3M-4.0%
- 1Y6.8%
- YTD6.0%
Over the last 7 days, the Insurance industry has risen 1.7%, driven by gains from every company within the industry. In the last 12 months, the industry was up 5.5%. Earnings are forecast to grow by 6.2% annually.
Industry Valuation and Performance
Has the Brazilian Insurance Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 13 Aug 2025 | R$150.2b | R$61.2b | R$16.6b | 7.7x | 9.1x | 2.5x |
| Fri, 11 Jul 2025 | R$151.2b | R$61.0b | R$16.3b | 7.9x | 9.3x | 2.5x |
| Sun, 08 Jun 2025 | R$154.1b | R$61.0b | R$16.3b | 8.2x | 9.5x | 2.5x |
| Tue, 06 May 2025 | R$161.4b | R$60.1b | R$16.1b | 9.4x | 10x | 2.7x |
| Thu, 03 Apr 2025 | R$155.8b | R$60.1b | R$16.1b | 9x | 9.7x | 2.6x |
| Sat, 01 Mar 2025 | R$150.1b | R$60.0b | R$15.8b | 8.4x | 9.5x | 2.5x |
| Mon, 27 Jan 2025 | R$147.1b | R$59.8b | R$15.4b | 8.6x | 9.6x | 2.5x |
| Wed, 25 Dec 2024 | R$143.6b | R$59.8b | R$15.4b | 8.3x | 9.3x | 2.4x |
| Fri, 22 Nov 2024 | R$138.3b | R$59.8b | R$15.4b | 7.6x | 9x | 2.3x |
| Sun, 20 Oct 2024 | R$137.0b | R$58.9b | R$14.8b | 9.2x | 9.2x | 2.3x |
| Tue, 17 Sep 2024 | R$143.5b | R$58.9b | R$14.8b | 9x | 9.7x | 2.4x |
| Thu, 15 Aug 2024 | R$141.6b | R$58.0b | R$14.5b | 8.7x | 9.7x | 2.4x |
| Sat, 13 Jul 2024 | R$134.2b | R$57.2b | R$14.6b | 8.2x | 9.2x | 2.3x |
| Mon, 10 Jun 2024 | R$131.6b | R$57.2b | R$14.6b | 7.9x | 9x | 2.3x |
| Wed, 08 May 2024 | R$138.0b | R$55.9b | R$14.0b | 8.2x | 9.9x | 2.5x |
| Fri, 05 Apr 2024 | R$136.9b | R$55.9b | R$13.8b | 8.5x | 9.9x | 2.4x |
| Sun, 03 Mar 2024 | R$131.9b | R$56.8b | R$13.9b | 11.3x | 9.5x | 2.3x |
| Tue, 30 Jan 2024 | R$140.4b | R$80.0b | R$13.5b | 17.6x | 10.4x | 1.8x |
| Thu, 28 Dec 2023 | R$137.9b | R$80.0b | R$13.5b | 15.6x | 10.2x | 1.7x |
| Sat, 25 Nov 2023 | R$130.6b | R$80.6b | R$13.5b | 15.5x | 9.7x | 1.6x |
| Mon, 23 Oct 2023 | R$127.2b | R$79.0b | R$12.3b | 10.2x | 10.3x | 1.6x |
| Wed, 20 Sep 2023 | R$128.6b | R$79.0b | R$12.3b | 10.1x | 10.4x | 1.6x |
| Fri, 18 Aug 2023 | R$122.3b | R$77.2b | R$12.3b | 9.4x | 9.9x | 1.6x |
| Sun, 16 Jul 2023 | R$124.1b | R$77.5b | R$10.8b | 14.2x | 11.5x | 1.6x |
| Tue, 13 Jun 2023 | R$125.4b | R$77.7b | R$10.8b | 13.1x | 11.6x | 1.6x |
| Thu, 11 May 2023 | R$124.6b | R$75.0b | R$9.8b | 13.4x | 12.7x | 1.7x |
| Sat, 08 Apr 2023 | R$122.3b | R$75.0b | R$9.8b | 13.2x | 12.5x | 1.6x |
| Mon, 06 Mar 2023 | R$122.0b | R$74.9b | R$9.5b | 14.5x | 12.8x | 1.6x |
| Wed, 01 Feb 2023 | R$130.8b | R$72.2b | R$8.5b | 14.3x | 15.4x | 1.8x |
| Fri, 30 Dec 2022 | R$120.0b | R$72.2b | R$8.5b | 12.8x | 14.1x | 1.7x |
| Sun, 27 Nov 2022 | R$113.2b | R$69.4b | R$8.5b | 12.3x | 13.3x | 1.6x |
| Tue, 25 Oct 2022 | R$111.7b | R$68.5b | R$7.7b | 15.8x | 14.5x | 1.6x |
| Thu, 22 Sep 2022 | R$115.4b | R$68.5b | R$7.7b | 15.8x | 15x | 1.7x |
| Sat, 20 Aug 2022 | R$113.0b | R$68.5b | R$7.9b | 14.7x | 14.4x | 1.6x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are pessimistic on the Brazilian Insurance industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 8.9x which is lower than its 3-year average PE of 10.8x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Insurance industry have grown 28% per year over the last three years.
- Meanwhile revenues for these companies have declined 3.7% per year.
- This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Brazilian Financials industry?
| BR Market | 2.04% | |
| Financials | 5.21% | |
| Insurance | 3.00% | |
| Insurance Brokers | 6.56% | |
| General Insurance | 2.99% | |
| Reinsurance | 2.24% | |
Industry PE
- Investors are most optimistic about the General Insurance industry even though it's trading below its 3-year average PE ratio of 10.3x.
- Analysts are expecting annual earnings growth of 6.2%, which is lower than the prior year's growth of 9.3% per year.
- Investors are most pessimistic about the Reinsurance industry, which is trading below its 3-year average of 11.6x.
Forecasted Growth
- Analysts are most optimistic on the Insurance Brokers industry, expecting annual earnings growth of 17% over the next 5 years.
- This is better than its past earnings growth rate of 6.2% per year.
- In contrast, the Reinsurance industry is expected to see its earnings grow by 5.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| BBSE3 BB Seguridade Participações | R$35.23 | 2.5% +R$1.7b | -5.9% | PE7.7x | |
| CXSE3 Caixa Seguridade Participações | R$13.78 | 3.2% +R$1.3b | -4.4% | PE10.4x | |
| PSSA3 Porto Seguro | R$55.01 | 3.7% +R$1.3b | 67.4% | PE12.5x | |
| IRBR3 IRB-Brasil Resseguros | R$47.05 | 2.2% +R$84.3m | 44.7% | PE5.5x | |
| WIZC3 Wiz Co Participações e Corretagem de Seguros | R$8.12 | 6.6% +R$80.0m | 35.3% | PE7x |
