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CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
Brazil Area (km 2 ): 8,511,965 GDP 2008: US$ 1,2 trillion Population 2007: 191.8 million About Brazil...
Inflation IPCA accumulated in 12 months Source: Brazilian Central Bank and IBGE 4,36% Aug 2009 last 12 months % p.y.
Nominal and Real SELIC Rate (in 12 months, % p.y.) Interest Rate Source: Brazilian Central Bank SELIC (Nominal Rate) Real Interest Rate 8,75% 4,25% % p.y.
[object Object],Source: Brazilian Central Bank Net debt of public sector (% GDP) Net debt/GDP Dollar denominated Debt/GDP 44,06% -9,24% 0,00 %
[object Object],Source: Brazilian Central Bank US$ 221,3 Billion ,[object Object],[object Object],Sep, 10 th ,2009
BRAZILIAN’S INSURANCE MARKET
[object Object],[object Object],Source: CNSeg/SUSEP
[object Object],Source: CNSeg/SUSEP (*) Considers the VGBL revenue (**) Total revenue 2008 in BR$ converted in US$ on dec/08  (***) Do not consider closed pension funds revenue Total Premium Revenue 2008: US$ 41,2 billion (**) ,[object Object],(***) Pension Funds Total Asset Under Management 2008: US$ 252,6 billion (**) Closed Pension Funds Opened Pension Funds
[object Object],Ministry of Health CONSU Conselho de Saúde Suplementar Private Health Insurance Council ANS Agência Nacional de Saúde Suplementar Private Health Insurance Agency Health Insurance Companies and Health Private Plans Operators Private Health Insurance Advisory Board Ministry of Finance CNSP Conselho Nacional de Seguros Privados National Private Insurance Council SUSEP Superintendência de Seguros Privados Private Insurance Superintendence Insurance and Reinsurance Companies Private Pension Operators Capitalization Companies CMN Conselho Monetário Nacional National Monetary Council (Investment Prudential Rules) Ministry of Social Security CGPC Conselho  de Gestão da Previdência Complementar Complementary Pension Management Council SPC Secretaria de Previdência  Complementar Secretary of Private Pension Funds Pension Funds
CNSEG Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização National Confederation of General Insurance Companies, Private Pensions  and Life, Private Health Insurance and Capitalization FENAPREVI Federação Nacional de Previdência Complementar e Vida Life Insurance Private Pension Plans No Life Insurance Health Insurance Private Health Plans Capitalization FENASAÚDE Federação Nacional de Saúde Suplementar FENACAP Federação Nacional de Capitalização FENSEG Federação Nacional de Seguros Gerais ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
[object Object],[object Object],[object Object],I-  Fixed   Income   Government Bonds 100% Private Fixed Income Titles or Fixed Income Mutual Funds 80% External Debt Mutual Funds/Cambial Mutual Funds 10% Agrobusiness Investments 5% II- Variable Income   Stocks and Variable Income Mutual Funds  Slide 12 49% Stocks N2 40% Stocks N1 35% Other Stocks Categories 30% Multimarket Mutual Funds 15% Private Equity Funds 5% BDR/Mercosul Companies Equity 3% III- Real Estate   Real Estate 8% Real  Estate   Mutual   Funds 10%

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16 00 24.09.09 Osvaldo Do Nascimento Grand2

  • 1. CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
  • 2. Brazil Area (km 2 ): 8,511,965 GDP 2008: US$ 1,2 trillion Population 2007: 191.8 million About Brazil...
  • 3. Inflation IPCA accumulated in 12 months Source: Brazilian Central Bank and IBGE 4,36% Aug 2009 last 12 months % p.y.
  • 4. Nominal and Real SELIC Rate (in 12 months, % p.y.) Interest Rate Source: Brazilian Central Bank SELIC (Nominal Rate) Real Interest Rate 8,75% 4,25% % p.y.
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  • 14. CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
  • 15.