BB Seguridade Participacoes SA operates in the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares BB Seguridade Participacoes SA with three other
insurance companies in Latin America:
IRB Brasil Resseguros SA
(2019
sales of 8.05 billion Brazilian Reals [US$1.49 billion]
),
Grupo de Inversiones Suramericana SA
of COLOMBIA
(20.64 trillion Colombian Pesos [US$5.49 billion]
of which 62%
was Insurance), and
Interseguro Compania De Seguros S.A
which is
based in PERU
(1.40 billion Peruvian Sols [US$397.89 million]
).
Sales Analysis.
BB Seguridade Participacoes SA reported sales of 5.70 billion Brazilian Reals (US$1.06 billion)
for the
year ending
December of 2019.
This
represents
an
increase of 12.2%
versus 2018, when the company's sales were 5.08 billion Brazilian Reals.
Sales of Insurance saw an increase
that was more than double the company's growth rate: sales were up
64.9% in 2019, from
5.40 billion Brazilian Reals to 8.91 billion Brazilian Reals.
Not all segments of BB Seguridade Participacoes SA experienced an increase in sales in 2019:
sales of Brokerage fell 1.7% to 2.87 billion Brazilian Reals.