The Brazilian Superintendence of Private Insurance (SUSEP) published its new Boletim Susep monthly bulletin, covering supervised insurance, private pension and capitalization market data for January–February 2025, replacing the former Síntese Mensal. The new format is intended to provide more detailed explanations and align the monthly release with SUSEP’s other market publications, including its Insurance Market Intelligence Panel. Disclosures are reorganised into three segments (insurance excluding VGBL, accumulation covering VGBL, PGBL and traditional pensions, and capitalization) and year-on-year changes are shown both in nominal terms (current prices) and real terms (constant prices), with inflation removed using the IPCA index. The bulletin also introduces monthly reporting of technical provisions stock levels by segment and adds greater detail for capitalization products by line of business (traditional, prize-linked philanthropy, guarantee instruments and others). For the first two months of 2025, the supervised sector reported total collections of BRL 70.77 billion (up 3.6% year-on-year) and BRL 44.67 billion returned to society (up 14.57%), driven mainly by higher redemptions in accumulation products; insurance revenues reached BRL 35.04 billion, with premium growth of 9.03% nominal and 4.10% real. Because of the reporting changes, SUSEP released the January and February editions on the same date, and it expects to resume a monthly publication cycle for subsequent releases.

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