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Illustrated portrait of Brazil; geographic and cultural interpretation, not regulator premises.
← The regulatory atlasCOUNTRY PERSPECTIVE / Brazil

Insurance authority and separate health-plan supervisor

BrazilSUSEP / ANS

Insurance supervision in Brazil.

AI-generated country illustrationSources checked

01 / The institution

Superintendencia de Seguros Privados (SUSEP); ANS for health plans

SUSEP is an autonomous public body linked to the Ministry of Finance, supervising insurance, open private pensions, capitalisation and reinsurance. Health-plan supervision belongs to a separate framework.

How it is structured

Insurance authority and separate health-plan supervisor

Institutional source ↗

The legal foundations

Mandate, written into law.

Establishing legislation and the rules governing insurance may be different instruments.

02 / Market signals

The numbers, with context.

Figures retain the reporting period and accounting basis of their source. They are snapshots, not live indicators or directly comparable country rankings.

2025BRL 415.09bn

Wider supervised-sector receipts

Includes VGBL, open pensions and capitalisation; nominal decrease of 4.75%.

Opening results ↗

Insurance penetration. A current premium-to-GDP ratio has not been independently verified for this profile. No estimate is substituted.

03 / The report notebook

A dated view of the market.

What we noted in the regulator’s publications. Each entry separates the period covered, publication date when known, and our review date.

ReviewedNOTE 01

2025 · Published

Boletim Susep — consolidated 2025 results ↗

SUSEP’s published annual bulletin findings read. Insurance excluding VGBL is separated from the wider supervised total, which also includes open pensions and capitalisation; this is not the ANS health-insurance market.

Insurance excluding VGBL

+7.82%

Insurance revenue grew despite a decline in the wider supervised-sector total.

Boletim Susep — consolidated 2025 resultsInsurance revenue paragraph · Country illustration
Read the original publication ↗

04 / Official contacts

Reach the institution.

Public institutional channels, checked 17 September 2026.

Research trail

Sources you can follow.

Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.

  1. Sobre a Susep ↗Checked
  2. Institutional website — contact route ↗Checked
  3. Boletim Susep — consolidated 2025 results ↗Checked

Country scenes are AI-generated illustrations made with OpenAI image tools, not official regulator photographs or endorsements. Quotations remain searchable text. Report figures and directory verification are maintained separately.