Brazil insurance and capitalization sectors report 2026 performance

The Brazilian insurance and capitalization sectors showed mixed results in 2026. According to data from the Superintendência de Seguros Privados (Susep), the total insurance sector revenue reached R$ 281.27 billion from January to August, representing a nominal growth of 0.49% compared to the previous year, which translates to a real decline of 3.72% when adjusted for inflation.

Within the insurance segments, life insurance and credit life insurance (prestamista) performed strongly. Life insurance collected R$ 26.92 billion, a nominal increase of 8.66%, while credit life insurance saw a nominal rise of 17.78%.

The capitalization market generated R$ 18.37 billion between January and July. The traditional modality remains the largest segment, accounting for R$ 12.98 billion, or 70.6% of the total. Other growing areas include the Guarantee Instrument modality, which rose 16% to R$ 2.53 billion, and the Incentive modality, which grew 23.3% to R$ 810 million. Additionally, the Philanthropy modality moved R$ 1.82 billion, with R$ 880 million directed to social projects in health and education.