BB Seguridade cuts 2026 Brasilseg written premiums outlook to 11%-15% decline

• BB Seguridade on November 3, 2026, cut Brasilseg’s annual written-premium outlook to a 15%-11% decline from a 3% decline to 2% growth.
• Written premiums fell 9.2% in the first nine months, hurt by rural, credit life and term life insurance.
• Non-interest operating result guidance, excluding holdings, remained at a 7%-3% decline, versus a nine-month decline of 1.2%.
• Better-than-expected insurance loss ratios and higher pension management-fee revenue supported operating performance.
• Brasilprev’s PGBL and VGBL reserve growth outlook stayed at 8%-11%; nine-month growth reached 12.6%, reflecting stronger-than-expected net inflows and reserve returns.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BB Seguridade Participações SA published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.