Apresentação do PowerPoint - BB · Life, Mortgage Life and Rural MAPFRE BB SH2 P&C Brasilprev...

2016

Institutional Presentation

BB Seguridade Participações S.A. | Investor Relations

Overview

BB Seguridade Participações S.A. | Investor Relations 3

Track Record

1981

Establishment of BB’s insurance operations

1993

Creation of Brasilprev

1995

Brasilcap’s inception in partnership with SulAmérica, Icatu and Aliança da Bahia

1996

Establishment of Brasilveículos in partnership with SulAmérica

1999

Partnership with Principal Financial Group in Private Pension Plans

2010

Establishment of the Joint Venture with MAPFRE

2008-2011

Ownership restructuring of BB’s insurance, Pension Plans and Premium Bonds division

2012

Establishment of

BB Seguridade

1987

BB Corretora’s establishment

2013

IPO

IRB –Brasil RE

Equity

investment in

Brasildental

Partnership

with Odontoprev

2014

Establishment

of

ADR – Level I

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Estrutura Acionária - Parcerias Ownership Structure

Brasilcap

Premium Bonds

100%

BB Seguros BB Corretora

BB MAFPRE SH1

Life, Mortgage Life and Rural

MAPFRE BB SH2

P&C

Brasilprev

Pension Plans

Free Float (Post-IPO)

74.9%

49.9%

50.0%

100%

50.0%

49.0%

50.0%

74.9%

49.9%

50.0%

66.7%

49.9%

66.7%

66.25% 33.75%

IRB –Brasil Re

Reinsurance

Brasildental

Dental Insurance

20.4%

20.4%

20.0%

74.9%

49.9%

50.0%

BB Seguridade Economic Stake (%)

BB Seguridade Voting Stake (%)

Board of Directors Representation (%)

BB Seguridade

50.0% 50.0% 50.0% 100.0% - 50.0%¹ Board of Executive Officers Representation (%)

1. One of the members is elected by consensus.


ESTRUTURA ORGANIZACIONAL BB SEGURIDADE

CEO José Maurício Pereira Coelho

Chief Financial Officer

Werner Romera Suffert

Chief Risk Officer

Antonio Rugero Guibo

Chief Marketing Officer

Ângela Beatriz de Assis

Executive Board

Board of Directors

General Meeting

Fiscal Council

Audit Committee

Related-party Committee

Internal Audit

Internal Structure


Shareholders Structure

TOTAL CAPITAL BREAKDOWN – DEC/2016

FREE-FLOAT BREAKDOWN¹ – DEC/2016

Foreign Investors

83.6%

Institutional 11.7%

Individuals4.7%

Banco do Brasil66.3%

Free-float33.8%

¹ Does not include treasury stocks.


ADR Program

In 2014, BB Seguridade established a sponsored Level I American Depositary Receipt (ADR) program.

Ticker: BBSEY

Structure: Level I ADR

Exchange: Over-the-counter (OTC) market

Ratio (ADR:ORD): 1 ADR : 1 ORD

DR ISIN: US05541J1034

CUSIP: 05541J103

Depositary Bank: Deutsche Bank Trust Company Americas

Custodian Bank: Banco do Brasil S.A.


Corporate Governance

Board of Executive Officers:

Four members:

Elected among the active employees of Banco do Brasil

Remuneration policy: fixed monthly wage plus variable portion between six and twelve monthly wages. The variable portion is paid as 50% in cash and 50% in stocks with vesting period of 4 years.

Only common shares

100% tag along

80% payout (semi annual dividends)

Stocks

Related-party Committee

Three members:

One is the independent member appointed by the minority shareholders

The independent member has veto power

Board of Directors:

Two members appointed by Banco do Brasil from its Board of Executive Officers

One appointed by the Ministry of Planning, Budget and Management and the other one appointed by the Ministry of Treasury

One member appointed by the minority shareholders

The CEO of BB Seguridade

Six members:


Access to Banco do Brasil’s network

Banking Fee

BB Seguridade Equity Income

Equity Income 66,25%

Any proposal for changes in the agreements must be examined by the Related-party Committee where the independent member has a veto power

Cost Reimbursement

Brokerage Income


Backed by Banco do Brasil Expertise from Private Partners

Solidity, tradition, security and reliability

Safe harbor, especially for long term products

Flight to quality and less susceptible to market conditions

Brand awareness

Fast decision making

BB Seguridade operates in an arm’s length format

Monitors the developments of any potential conflicts between BB

and BB Seguridade

Improves corporate governance

Minimum voting stake of 50.1%

Backed by Banco do Brasil with Expertise of Private Partnerships

Banco do BrasilAgreement with BB Corretora for distribution of

products in Banco do Brasil 's branches20 January-13 January-33

Mapfre Joint Venture 20 June-11 June-31

Principal Joint Venture 23 April-10 October-32

Icatu Partnership No defined term June-05 -

Aliança da Bahia Partnership No defined term June-05 -

Odontoprev Joint Venture 20 September-15 September-35

RelationshipTerm of the

agreements (years)Partnership Start End

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Bank Channel

BB Seguridade strategy focuses on bancassurance with its own broker, taking advantage of the access to Banco do Brasil distribution network.

Low complexity business model

Low capital needs

No underwriting risk

Own Brokerage

Competitive Advantage

Distribution Channel

Non-banking Channel

141 Partnerships (Affinity) 19,956 External Brokers

64.8 Million clients

5,440 Branches

63,706 ATMs

14,361 Banking correspondents

35,708 Points of service in shared network

1º

Access to the largest distribution network in Latin America


31.6%

15.5%12.9% 10.9% 10.3% 8.9%

173.7%

51.8%

23.1%

Strong Financial Performance

ROAE¹ 2016(%)

Source: Companies and Susep 1. Odontoprev and SulAmerica data as of 9M16

INSURANCE COMPANIES ASSOCIATED WITH BANKS

TRADITIONAL INSURANCE COMPANIES

Brokerage participation

Macroeconomic Environment


Global Macroeconomic Data

1. Source: World Bank - forecast s as of January, 2017 2. Source: Focus - forecasts as of Feb 10, 2017 3. GDP Growth 2016E

2015 2016 2017E 2018E 2019E

World Economy - GDP Growth¹

World 2.7% 2.3% 2.7% 2.9% 2.9%

USA 2.6% 1.6% 2.2% 2.1% 1.9%

Euro Zone 2.0% 1.6% 1.5% 1.4% 1.4%

China 6.9% 6.7% 6.5% 6.3% 6.3%

Brazilian Economy²

GDP Growth - Brazil³ -3.8% -3.5% 0.5% 2.3% 2.5%

SELIC (ends of period) 13.3% 14.0% 9.5% 9.0% 9.0%

SELIC (year average ) n.a. n.a. 10.8% 9.3% 9.0%

Inflation (IPCA) 10.7% 6.3% 4.5% 4.5% 4.5%

Inflation (IGP-M) 10.7% 7.2% 5.0% 4.8% 4.5%

Dollar (quotation in R$) 3.90 3.26 3.36 3.49 3.55


24.5 27.2 27.5 28.5

20.6 19.8 20.6 20.6

14.3 12.6 11.4 11.55.0 4.9 5.0 5.34.8 4.5 5.1 5.6

30.8 31.0 30.4 28.5

69.2% 69.0% 69.6% 71.5%

2013 2014 2015 2016

Banco do Brasil Bradesco Itaú

Caixa Santander Others

Market-share (%)

98.993.6

87.378.9

68.1

56.9

38.3

UnitedKingdom

United States Italy China Brazil Venezuela Colombia

5,440 5,314

4,537

3,411

2,254

Bancassurance

BRANCHES IN BRAZIL¹

FINANCIAL INCLUSION¹ (%) POPULATION WITH CHECKING ACCOUNT¹ (%)

BANCASSURANCE IN INSURANCE DISTRIBUTION

Source: SUSEP

Source: Febraban 1. CPFs with active relationship in Brazilian Financial System /Economically active population

51.0 53.0 55.0 57.060.0

2010 2011 2012 2013 2014

Source: Companies 1. Data as of Dec/16, except from Caixa, which data is of Sep/16.

Source: World Bank 1. Data as of 2014


15.7

13.312.0

9.7

7.38.3

2.4

7.56.7 6.2 6.6

3.1

4.8

2.9 2.42.9

0.1 0.52.0

2.7

0.6 1.0

3.2

1.5

2.7

2.2

4.1 2.6

8.4

2.42.7

3.1 2.1

4.2

2.3

3.4

2.8 1.8

3.9 3.41.6

0.7

2.71.2

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Global Insurance Industry

Insurance market presents low penetration level in Brazil

Insurance premiums1 / GDP (%, 2015)

Source: SUSEP and Swiss Re – Sigma 06/2016

1. Excluding businesses abroad

#39

Life Insurance Premium / GDP Non-Life Insurance Premium / GDP

#61

In Total Insurance

In Life Insurance


166%

127%

113%

121%116%

85%

60%

69%

54%

41%

22%

14%

6%

184%

121% 120% 119%112%

97%

67%

57% 56%

40%

21%

13%6%

Net

her

lan

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US

Au

stra

lia

Swit

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and

UK

Can

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Jap

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Sou

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2014 2015

Global Pension Plans Industry

Pension market is growing in Brazil due to the life expectation increase

Pension Assets/GDP² (%)

Source: Towers Watson

1. Brazil pension assets were recalculated based on Abrapp and FENAPREVI data to include opened and closed entities

2. Assets/GDP ratio for the world is calculated in USD and assets were estimated as of Dec 31, 2015.

# 10 In assets


157.0

177.6

194.6

212.5

231.3

2012 2013 2014 2015 2016

69.8

82.7

89.292.0 93.4

2012 2013 2014 2015 2016

INSURANCE INDUSTRY EVOLUTION (R$ BN)

Insurance Industry in Brazil

Source: SUSEP.

INSURANCE PREMIUMS WRITTEN EVOLUTION (R$ BN)


70.373.9

83.5

99.0

117.5

2012 2013 2014 2015 2016

Pension Plans Industry in Brazil

AuM (R$ BN) CONTRIBUTIONS (R$ BN)

Source: SUSEP

338.6

373.2

442.0

536.3

661.6

2012 2013 2014 2015 2016

Source: Fenaprevi

Performance


Largest Insurance Broker in Latin America

Access to Banco do Brasil’s unique distribution network

Leading Presence in both, contributions and net inflows in Pension Plans

P/VGBL reserves amounted to R$ 188.3 billion in December 2016

Insurance Operations, Pension Plans and Premium Bonds managed through private partnerships with global leaders

Net Income Growth with High Profitability

ROAE of 51.8% in 2016

BB Seguridade at a Glance

168 employees at the holding and broker level, and

7,109 employees at the affiliates level.

One of the Largest Insurance, Pension and Premium Bonds Companies in Latin America

R$15.8 billion in premiums written, R$47.4 billion in pension contributions and R$5.6 billion in premium bonds in 2016

2nd Largest P&C Insurance Company in Brazil

2.4 million insured vehicles and R$ 8.4 billion in premiums written in 2016


Market Share – 2016

Segments Market Size

(R$ MM) BBSE (%)

Main Competitors

Insurance premiums written

Life 23,493 16.1%

# 1

19.8%

# 3

11.3%

Credit life 7,734 19.6%

# 2

16.9%

# 3

16.4%

Rural 3,690 74.2%

# 2

4.2%

# 3

3.9%

Auto 32,560 12.5%

# 1

28.7%

# 3

12.1%

Pension plans

Contributions 117,504 40.6%

# 2

26.8%

# 3

17.5%

P/VGBL Reserves 605,459 30.9%

# 2

25.6%

# 3

23.5%

Premium bonds

Collection 20,313 24.0%

# 1

28.9%

# 3

14.4%

Reserves 29,402 36.6%

# 2

25.5%

# 3

10.8%

Source: Susep

# 2

# 2

# 1

# 1

# 1

# 1

# 2

# 1


SH130.6%

SH25.2%Brasilprev

16.2%

Brasilcap6.3%

IRB 3.9%

BB Corretora37.8%

SH112.6%

SH215.1%

Brasilprev61.4%

Brasilcap10.8%

2016

BB Seguridade Performance

PREMIUMS, CONTRIBUTIONS AND COLLECTIONS1 BREAKDOWN OF PREMIUMS, CONTRIBUTIONS AND COLLECTIONS¹

PROFITABILITY EARNINGS BREAKDOWN¹

2015 2016

1. Premiums written, pension plans contributions and premium bonds collections

2015

1. It does not consider the Holding’s revenues and expenses.

1. Premiums written, pension plans contributions and premium bonds collections

33,322

43,349

53,99660,176

68,876

21.4% 24.5% 27.0% 27.5% 28.5%

2012 2013 2014 2015 2016

Revenues (R$ MM) Market share

CAGR 2012-2016 20% SH1

10.7%

SH212.2%

Brasilprev68.9%

Brasilcap8.2%

1,754

2,260

3,223

3,945 4,107

32.9% 38.4% 49.8% 54.8% 51.8%

2012 2013 2014 2015 2016

Adjusted net income (R$ MM) ROAE

CAGR 2012-2016 24% SH1

29.7%

SH23.0%Brasilprev

18.0%Brasilcap

7.0%IRB 4.1%

Brasildental0.1%

BB Corretora38.3%


553488

861

1,225 1,263

31.5% 21.6% 26.7% 31.1% 30.7%

2012 2013 2014 2015 2015

Net investment income % Net income

CAGR 2012-2016 23%

Net Investment Income

FORWARD YIELD CURVE (%) AVERAGE SELIC RATE (%)

ASSET ALLOCATION

Source: Focus - Bacen do Brasil Source: ValorPro

NET INVESTMENT INCOME (R$ MM)

DEC/15 DEC/16

8.53 8.15

10.81

13.2714.02

2012 2013 2014 2015 2016

15.57 15.81 15.77 15.66 15.5713.77

12.2011.62 11.56 11.57

15.87

16.53 16.75 16.71 16.62

13.63

11.5211.03 11.19 11.33

DI1F17 DI1F18 DI1F19 DI1F20 DI1F21

Dec/2015

Sep/2015

Sep/2016

Dec/2016

Pre-fixed28.4%

Floating18.7%

Inflation protected

48.5%

Fund quotes0.2%

Other4.3%

Pre-fixed25.0%

Floating18.6%

Inflation protected

51.2%

Fund quotes0.2%

Other5.0%


BB MAPFRE SH1

BREAKDOWN OF PREMIUMS WRITTEN AND RETAINED PREMIUMS (%)

PREMIUMS WRITTEN (R$ MM)

UNDERWRITING RESULT

WRITTEN RETAINED


4,3515,703

6,904 7,007 6,626

320

542

528 594 753

4,671

6,244

7,432 7,601 7,379

2012 2013 2014 2015 2016

Retained premiums Premiums ceded

CAGR 2012-2016 12%

39.4 47.0 42.652.2

27.7 14.8 30.0 16.4

27.2 32.021.4 24.8

3.4 3.2 3.7 3.6

2.2 2.9 2.2 3.0

2015 2016 2015 2016

Life Credit Life Rural DPVAT Mortgage Life

721

1,070

1,559

1,8822,022

78.6%75.0% 72.5%

69.0% 70.2%

2012 2013 2014 2015 2016

Underwriting result (R$ MM) Combined ratio

CAGR 2012-2016 29%

309 307

444

679 679

2012 2013 2014 2015 2016

CAGR 2012-2016 22%


BB MAPFRE SH1 – Performance Ratios ¹

COMBINED RATIO (%) G&A RATIO (%)

LOSS RATIO (%) COMMISSION RATIO (%)

1. Adjusted ratios considering the reinsurance effects.

36.633.6

31.1 29.5 31.9

2012 2013 2014 2015 2016

25.4 27.3 26.327.0 27.2

2012 2013 2014 2015 2016

16.8

14.215.3

12.711.4

2012 2013 2014 2015 2016

78.675.0 72.5

69.0 70.272.0 70.0 67.262.1 63.9

2012 2013 2014 2015 2016

Combined ratio Expanded combined ratio


Pre-fixed9.9%

Floating44.2%

Inflation protected

30.7%

Others¹15.2%Pre-fixed

10.2%

Floating29.1%

Inflation protected

46.1%

Others¹14.6%

PROFITABILITY NET INCOME BREAKDOWN (%)

SOLVENCY

1. Agrarian debt bonds, DPVAT, Investment funds

ASSET ALLOCATION

DEC/15 DEC/16

BB MAPFRE SH1

1. Net of taxes considering the Company’s effective tax rate.

68.076.9 77.3 72.9 74.4

32.023.1 22.7 27.1 25.6

2012 2013 2014 2015 2016

Non-interest operating result.¹ Net investment income¹

647

907

1,297

1,632 1,663

20.0%29.6%

41.4% 46.5% 44.2%

2012 2013 2014 2015 2016


CAGR 2012-2016 27%

5 6

9

10 10

4

5

78 8

159.1%128.9% 126.0%

113.3%139.9%

Dec/12 Dec/13 Dec/14 Dec/15 Dec/16Investments + Receivables (R$ BN) Technical reserve (R$ BN) Solvency ratio


MAPFRE BB SH2

BREAKDOWN OF PREMIUMS WRITTEN AND RETAINED PREMIUMS (%)

PREMIUMS WRITTEN (R$ MM)

NET INVESTMENT INCOME (R$ MM) UNDERWRITTING RESULT

RETAINED WRITTEN

5,8066,909 7,648 7,680 7,008

843

885

1,198 1,4141,4176,649

7,794

8,846 9,0948,424

2012 2013 2014 2015 2016

Retained premiums Premiums ceded

CAGR 2012-2016 6%

54.6 48.364.7 58.1

36.139.9

24.427.7

3.6 3.9 4.2 4.6

5.6 7.9 6.7 9.5

2015 2016 2015 2016

Vehicles Casualties DPVAT Other

82130

10345

-197

98.4% 98.0% 98.6% 99.4% 102.7%

2012 2013 2014 2015 2016

Underwriting result (R$ MM) Combined ratio (%)

338

216

387

684

611

2012 2013 2014 2015 2016

CAGR 2012-2016 16%


MAPFRE BB SH2 – Performance Ratios¹

LOSS RATIO (%) COMMISSION RATIO (%)

G&A RATIO (%) COMBINED RATIO (%)

1. Adjusted ratios considering the reinsurance effects.

56.6 54.4 57.4 57.2 61.0

2012 2013 2014 2015 2016

26.124.1

23.0 23.1 23.2

2012 2013 2014 2015 2016

19.3 19.518.3

19.3 18.7

2012 2013 2014 2015 2016

98.4 98.0 98.6 99.4 102.792.8 94.9 93.5 91.2 94.8

2012 2013 2014 2015 2016

Combined ratio Expanded combined ratio


Pre-fixed20.3%

Floating26.5%

Inflation protected

38.9%

Others¹14.3%

PROFITABILITY NET INCOME BREAKDOWN (%)

SOLVENCY

1. Agrarian debt bonds, DPVAT, Investment funds

ASSET ALLOCATION

DEC/15 DEC/16

MAPFRE BB SH2

1. Net of taxes considering the Company’s effective tax rate.

96.7 76.5 90.7 105.3

162.2

3.323.5

9.3

-5.3-62.2

2012 2013 2014 2015 2016

Net investment income¹ Non interest operating result¹

228199

275

416

250

9.7% 7.5% 9.2% 12.8% 7.0%

2012 2013 2014 2015 2015


CAGR 2012-2016 2%

6 6

89

8

56

78

7

127.5% 130.8% 139.0% 143.1%

183.4%

2012 2013 2014 2015 Dec/16Investments + Receivables (R$ BN) Technical reserve (R$ BN) Solvency ratio

Pre-fixed16.0%

Floating36.1%

Inflation protected

30.7%

Others¹17.2%


Brasilprev

CONTRIBUTIONS (R$ BN) NET INFLOWS

MANAGEMENT FEE RESERVES (R$ BN)

Source: Quantum Axis

1. Defined remuneration plan

1621

2834

44

33

2

2

2

0.30.4

0.5

0.5

0.5

1823

3137

47

2012 2013 2014 2015 2016VGBL PGBL Traditional

CAGR 2012-2016 27%

13 14

2123

29

8.7%11.2% 9.4% 9.3% 8.8%

2012 2013 2014 2015 2016

Net inflows (R$ BN) Redemptions ratio

CAGR 2012-2016 22%

8381,031

1,236

1,555

1,957

1.38% 1.32% 1.28% 1.21% 1.15%

2012 2013 2014 2015 2016

Management fee (R$ MM) Management fee

CAGR 2012-2016 24%

4155

80113

157

1920

23

27

31

78

8

9

9

6784

112

148

198

2012 2013 2014 2015 2016

VGBL PGBL Traditional¹

CAGR 2012-2016 31%


Pre-fixed2.2%

Floating4.5%

Inflation protected93.3%

Brasilprev

ASSET ALLOCATION BY INDEX (EXCEPT P/VGBL)

1. Securities = time deposits, time deposit with special guarantee, real state receivables certificate, creditory rights, letras hipotecárias and letras financeiras

DEC/15 DEC/16 DEC/15 DEC/16

R$ 149.7 BN

ASSET ALLOCATION

R$ 199.2 BN R$ 10.9 BN R$ 11.9 BN

RESULT WITH PENSION PLANS AND INSURANCE PROFITABILITY

445

646750

932

1,202

60.7% 52.8% 52.2% 51.7% 49.2%

2012 2013 2014 2015 2016Result with pension plans and insurance (R$ MM)

Cost-to-income ratio

CAGR 2012-2016 28%

477592

729

861

1,009

47.1% 46.3% 42.6% 39.2% 41.8%

2012 2013 2014 2015 2016


CAGR 2012-2016 21%

Government bonds83.0%

Securities¹12.8%

Debentures and commercial

papers3.4%

Stocks0.8%


Securities¹7.8%


papers2.2%

Stocks0.6% Pre-fixed

2.9%

Floating5.4%

Inflation protected91.7%


Brasilcap

PREMIUM BONDS COLLECTION (R$ MM)


RESULT WITH PREMIUM BONDS

PROFITABILITY

1,951

4,403 4,058 3,9313,132

1,920

1,867 2,629 2,5862,5183,871

6,2706,687 6,517

5,649

2012 2013 2014 2015 2016

Unique payment Montlhy payment

CAGR 2012-2016 10%

99

166

209

178

129

15.4% 17.3% 18.2% 15.7% 13.8%

2012 2013 2014 2015 2016Result with premium bonds (R$ MM)

Premium bonds margin

CAGR 2012-2016 7%

183

59

325

454

645

2012 2013 2014 2015 2016

CAGR 2012-2016 37%

168132

324

379

439

88.6%57.1%

92.2% 87.0% 98.4%

2012 2013 2014 2015 2016


CAGR 2012-2016 27%


TECHNICAL RESERVES (R$ MM) SOLVENCY RATIO (%)

ASSET ALLOCATION¹ ASSET ALLOCATION | TRADING PORTFOLIO

DEC/15 DEC/16 DEC/15 DEC/16

Brasilcap

1. Do not includes BB Capitalização

6,459

9,489

11,752 12,354

10,763

2012 2013 2014 2015 2016

CAGR 2012-2016 14%

109.3

134.7

153.2165.0 167.2

2012 2013 2014 2015 2016


Time deposits and others

15.7%


papers4.4%

Stocks0.5%

Repo + Cash3.9%


Time deposits and others

14.0%


papers5.2%

Stocks0.7%

Repo + Cash4.9%

Pre-fixed62.9%

Floating34.1%

Inflation protected

2.2%

Stock Funds0.7%

Pre-fixed58.2%

Floating16.9%

Inflation protected

23.9%

Stock Funds1.0%


SH157.8%

SH211.0%

Brasilprev20.9%

Brasilcap10.1%

Other0.2%

BB Corretora

BROKERAGE INCOME (R$ MM)

ADJUSTED NET INCOME (R$ MM)

BREAKDOWN OF BROKERAGE INCOME

EXPENSES BREAKDOWN & NET MARGIN (%)

2015 2016

1,359

1,766

2,308

2,5592,764

2012 2013 2014 2015 2016

CAGR 2012-2016 19%

SH155.4%

SH212.7%

Brasilprev17.6%

Brasilcap14.0%

Other0.3%

22.5 17.6 12.3 9.4 8.3

5.57.2

7.47.4 11.3

25.2 26.728.8 30.0 29.4

53.2 51.548.5 46.8 49.0

48.7 51.755.9 58.9 58.2

2012 2013 2014 2015 2016

Operating expenses Tax expenses Income taxes Net margin

661

913

1,289

1,5081,610

2012 2013 2014 2015 2016

CAGR 2012-2016 25%


Guidance 2017

Ratio 2017

Estimates

BB Seguridade - Adjusted net income growth (%) 1 - 5

Portfolio of Products


Our Products – SH1 Insurances

Definition: term life insurance without accumulation.

Coverage: in case of death, permanent disability or severe disease during the term, the benefit will be paid to the insured or his beneficiary.

Life

Definition: encompasses a group of three main products: crop insurance, rural lien insurance and credit life insurance for farmers.

Coverage: (i) Crop: any weather hazards and falling in the market prices of the crop; (ii) Lien: damage caused to the property, directly related to agricultural activities, which is provided as collateral of a rural loan; (iii) Credit life: in case of death of the insured person the insurance company will prepay the rural loan.

Rural

Definition: insurance related to mortgage loans.

Coverage: in case of death or permanent disability the remaining balance of the loan will be prepaid. This product also protects the home of the insured from physical damage.

Mortgage Life

Credit Life Definition: insurance that guarantee the payment of loans.

Coverage: in case of death the insured loan will be paid off and the client’s relatives will not inherit the debt.


Our Products – SH2 Insurances

Definition: A mandatory insurance related to accidents caused by vehicles in Brazil.

Coverage: Covers personal injury caused by vehicles to passengers, drivers or pedestrians.

DPVAT

Definition: insurance sold to individuals or companies that provides protection

to vehicles.

Coverage: is an insurance policy designed to provide protection for vehicles against theft, physical damage and/or bodily injury resulting from traffic colli-sions, besides other assistances provided to the policy holder for their daily lives.

Auto

Definition: is a type of insurance sold to individuals and companies that provides protection against risks to properties linked or not to loans.

Coverage: the main coverage is for damages to the home of individuals, and the assets of companies such as machinery and other properties.

P&C


Our Products - Brasilprev

Defined remuneration Guarantees a minimum yield composed of either inflation +6% or TR + 6%.

** No longer sold

Traditional Plan

Pension Plan designed for people who declare income taxes in the complete

form as contributions are deductible up to a limit of 12% of the client’s taxable income

PGBL

Focus on inheritance planning It has the advantage of not joining the inventory Lower inheritance costs (does not have legal costs neither lawyer fees) Less time consuming (beneficiary receives the benefit in less than 30 days)

VGBL


Our Products - Brasilcap

Premium Bonds

Premium bonds products are an alternative way to accumulate reserves, allowing the bond holder to be entitled to participate in lottery. The award occurs through periodic drawings, being most frequent the usage of a combination of numbers in a pre-determined series, based on the Brazilian Lottery.

Chances of Contemplation

Ourocap From 1 in 10,000 to 1 in 1,000,000

Official Lottery 1 in 50,063,860


BB Seguridade – IR

Investor Relations Contacts

Rua Alexandre Dumas, 1671 Térreo – Ala B

São Paulo – SP – Brasil 04717-903

Telephone: +55 11 4297- 0730

www.bancodobrasilseguridade.com.br [email protected]

mailto:[email protected]

Apresentação do PowerPoint - BB · Life, Mortgage Life and Rural MAPFRE BB SH2 P&C Brasilprev...

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