Brazil · Brazil · class X

Specialty / credit / captive insurance companies in Brazil

19 licensed specialty / credit / captive insurers, 9% of the 202 insurance entities supervised by the Superintendencia de Seguros Privados (SUSEP); ANS for health plans. Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Agência Brasileira Gestora De Fundos Garantidores E Garantias S.A. – AbgfState-owned
SUSEP code 02739; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveBrazilian GovernmentState-owned / parastatalSUSEP / ANSVerified—
Andrina Sociedade Seguradora De Proposito Especifico S.A
SUSEP code 03221; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveSSPEDomestic privateSUSEP / ANSVerified—
Atradius Crédito Y Caución Seguradora S.A.
SUSEP code 02020; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveGCOForeign multinationalSUSEP / ANSVerified62 Confidence: Low
Btg Pactual Sociedade Seguradora De Propósito Específico S.A.B3: BPAC5
SUSEP code 03191; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveBTG PactualDomestic privateSUSEP / ANSVerified—
Cardif Do Brasil Seguros E Garantias S.A.Euronext Paris: BNP
SUSEP code 02933; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveBNP ParibasIAIGForeign multinationalSUSEP / ANSVerified98 Confidence: Medium
Cescebrasil Seguros De Crédito S.A.
SUSEP code 02763; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveCesceForeign multinationalSUSEP / ANSVerified62 Confidence: Low
Cescebrasil Seguros De Garantias E Crédito S.A.
SUSEP code 06998; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveCesceForeign multinationalSUSEP / ANSVerified67 Confidence: Low
Coface Do Brasil Seguros De Crédito S/A
SUSEP code 03328; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveChubbIAIGForeign multinationalSUSEP / ANSVerified55 Confidence: Low
Companhia Capital De Seguros - Microsseguradora
SUSEP code 04936; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveCapitalDomestic privateSUSEP / ANSVerified49 Confidence: Low
Crédito Y Caución Seguradora De Crédito À Exportação S.A.
SUSEP code 02721; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveGCOForeign multinationalSUSEP / ANSVerified—
Euler Hermes Seguros De Crédito À Exportação S.A.FWB: ALV
SUSEP code 04812; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveAllianz TradeIAIGForeign multinationalSUSEP / ANSVerified—
Fam Seguradora De Crédito E Garantia S.A.
SUSEP code 03956; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveFAMDomestic privateSUSEP / ANSVerified—
Galápagos Capital Sociedade Seguradora De Propósito Específico S.A.
SUSEP code 02747; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveGalapagos CapitalDomestic privateSUSEP / ANSVerified—
Liberty Mutual Surety Brasil Seguros S.A.
SUSEP code 03964; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveLiberty MutualIAIGForeign multinationalSUSEP / ANSVerified—
Mapfre Seguradora De Crédito À Exportação S.A.BME
SUSEP code 06718; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveMapfreIAIGForeign multinationalSUSEP / ANSVerified64 Confidence: Low
Seguradora Brasileira De Crédito À Exportação S.A.
SUSEP code 06335; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveSBCEDomestic privateSUSEP / ANSVerified—
Sky Seguradora S.A. - Microsseguradora
SUSEP code 03638; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveSkyDomestic privateSUSEP / ANSVerified—
Ubf Garantias & Seguros S.A.
SUSEP code 06769; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveUBFDomestic privateSUSEP / ANSVerified—
Virginia Surety Companhia De Seguros Do BrasilNYSE: AIZ
SUSEP code 06530; Active in SES base (Aug 2026)
XSpecialty / Credit / CaptiveAssurantForeign multinationalSUSEP / ANSVerified83 Confidence: Low

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About specialty / credit / captive insurers in Brazil

How many specialty / credit / captive insurers are licensed in Brazil?

19 of the 202 licensed insurance entities this directory lists in Brazil are classified as specialty / credit / captive (9%). Verified against the regulator register.

Who regulates specialty / credit / captive insurers in Brazil?

Superintendencia de Seguros Privados (SUSEP); ANS for health plans (SUSEP / ANS). Regime: Decreto-Lei 73/1966 and CNSP resolutions; Lei Complementar 126/2007 opened reinsurance; Lei 9.656/1998 for health plans (ANS). Official website: https://gov.br/susep.

Who owns the specialty / credit / captive insurers in Brazil?

Of the 19 licensed specialty / credit / captive insurers in Brazil, 10 are subsidiaries of foreign multinational groups (Cesce, GCO, Allianz Trade), 8 are domestic private companies, and 1 is state-owned or parastatal (Brazilian Government), as recorded in the register.

Data: /api/v1/countries/brazil.json (filter by class = "specialty-credit-captive"). Licence CC BY 4.0, attribute KAFS North America.