Brazil insurance market risk management

In August 2026 Brazilian insurers began emphasizing the need to embed risk‑management tools directly into infrastructure projects. At the Brazil 2030 event, CNseg’s sustainability director urged early‑stage insurance integration to make projects more bankable and resilient to extreme weather, while industry leaders highlighted gaps in technical modeling that hinder investment.

A short time later, market data showed a rapid expansion of guarantee insurance, driven by the 2021 Public Procurement Law that requires such guarantees for public works. Premiums rose nearly 24 % year‑on‑year, reflecting strong demand for liquidity‑preserving products. At the same time, global geopolitical tensions—particularly wars affecting Middle‑East shipping routes—were pushing up insurance costs, prompting insurers to suspend war coverage and raise premiums for maritime and logistics lines. Together, these developments illustrate Brazil’s push to integrate insurance into project financing while contending with rising global risk‑pricing pressures.