Research and Markets: Latest Report Examining the Brazilian Insurance Industry now Available

* Reuters is not responsible for the content in this press release.

Tue Jul 7, 2009 8:15am EDT

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/65aed6/brazil_insurance_r) has
announced the addition of the "Brazil Insurance Report Q3 2009" report to their
offering. 

Brazil Insurance Report provides industry professionals and strategists,
corporate analysts, insurance associations, government departments and
regulartory bodies with independent forecasts and competitive intelligence on
Brazil's insurance industry. 

This report was written in late May 2009. Relative to the Q209 report, the main
changes pertain to the profiles of companies - both regional and predominantly
local - which have been updated considerably. 

We have also included a brief overview of conditions - and development of
premium income - through Q109. This is based on comments made by major (mainly
listed) companies which became available (for the most part) from mid-May. We
hope to build on this section in terms of detail. 

As we explain, Q109 was in many ways a challenging but far from disastrous
quarter for the major protagonists in most markets. Notwithstanding the fact
that particular non-life markets suffered as a result of a slump in the number
of cars registered, and correspondingly lower demand for compulsory third party
motor (CTPM) insurance and voluntary motor insurance, global non-life premiums
generally held up well in spite of the global economic downturn. In contrast,
life premiums were, in most markets, lower in Q109 than they had been in Q108.
This was largely the result of the past volatility in global equity markets,
although there were also other problems. Conditions remain fair in the global
reinsurance market. 

In terms of the major regions whose insurance markets are covered by our
reports, Latin America and the Middle East and North Africa stood out in terms
of growth in premiums (in non-life insurance in particular, but also in life
insurance). Conditions were far more mixed in Central and Eastern Europe
(particularly in non-life insurance, where the downturn in car registrations hit
hard) and Asia Pacific (where various factors caused slippage in life premiums
in many markets). 

Companies Mentioned:

* AEGON 
* AGF 
* AIG 
* Allianz 
* AXA Cardif 
* CNP Generali 
* HDI-Gerling 
* HSBC Insurance 
* ING 
* Liberty Mutual 
* MAPFRE 
* MetLife 
* New York Life 
* Prudential Financial 
* QBE 
* RSA 
* The Hartford 
* The Principal 
* Zurich

For more information visit
http://www.researchandmarkets.com/research/65aed6/brazil_insurance_r





Research and Markets
Laura Wood, Senior Manager, press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716 

Copyright Business Wire 2009

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