INSUBCONTINENT EXCLUSIVE:
The company, formerly known as Porto Seguro, saw its shares rise by 2.15% while the Ibovespa index fell over 2%.This remarkable performance
caught the attention of investors and analysts alike
depreciation of used car prices posed challenges
These factors directly impacted premium growth, which is closely tied to the Fipe table.However, Porto found ways to mitigate these
About 40% of claim expenses relate to the Fipe table, helping keep loss ratios below 60%.Recent events, including a tragedy in Rio Grande do
(Photo Internet reproduction)Property, life, and pension insurance grew annually by over 10%, boosting overall profitability
standout performer for Porto
banking arm also showed improved prospects
banking segments boast higher returns on equity than the insurance vertical
has now caught market attention
diversification in the face of market challenges.
