SlideShare uma empresa Scribd logo
1 de 15
CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
Brazil Area (km 2 ): 8,511,965 GDP 2008: US$ 1,2 trillion Population 2007: 191.8 million About Brazil...
Inflation IPCA accumulated in 12 months Source: Brazilian Central Bank and IBGE 4,36% Aug 2009 last 12 months % p.y.
Nominal and Real SELIC Rate (in 12 months, % p.y.) Interest Rate Source: Brazilian Central Bank SELIC (Nominal Rate) Real Interest Rate 8,75% 4,25% % p.y.
[object Object],Source: Brazilian Central Bank Net debt of public sector (% GDP) Net debt/GDP Dollar denominated Debt/GDP 44,06% -9,24% 0,00 %
[object Object],Source: Brazilian Central Bank US$ 221,3 Billion ,[object Object],[object Object],Sep, 10 th ,2009
BRAZILIAN’S INSURANCE MARKET
[object Object],[object Object],Source: CNSeg/SUSEP
[object Object],Source: CNSeg/SUSEP (*) Considers the VGBL revenue (**) Total revenue 2008 in BR$ converted in US$ on dec/08  (***) Do not consider closed pension funds revenue Total Premium Revenue 2008: US$ 41,2 billion (**) ,[object Object],(***) Pension Funds Total Asset Under Management 2008: US$ 252,6 billion (**) Closed Pension Funds Opened Pension Funds
[object Object],Ministry of Health CONSU Conselho de Saúde Suplementar Private Health Insurance Council ANS Agência Nacional de Saúde Suplementar Private Health Insurance Agency Health Insurance Companies and Health Private Plans Operators Private Health Insurance Advisory Board Ministry of Finance CNSP Conselho Nacional de Seguros Privados National Private Insurance Council SUSEP Superintendência de Seguros Privados Private Insurance Superintendence Insurance and Reinsurance Companies Private Pension Operators Capitalization Companies CMN Conselho Monetário Nacional National Monetary Council (Investment Prudential Rules) Ministry of Social Security CGPC Conselho  de Gestão da Previdência Complementar Complementary Pension Management Council SPC Secretaria de Previdência  Complementar Secretary of Private Pension Funds Pension Funds
CNSEG Confederação Nacional das Empresas de Seguros Gerais, Previdência Privada e Vida, Saúde Suplementar e Capitalização National Confederation of General Insurance Companies, Private Pensions  and Life, Private Health Insurance and Capitalization FENAPREVI Federação Nacional de Previdência Complementar e Vida Life Insurance Private Pension Plans No Life Insurance Health Insurance Private Health Plans Capitalization FENASAÚDE Federação Nacional de Saúde Suplementar FENACAP Federação Nacional de Capitalização FENSEG Federação Nacional de Seguros Gerais ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object]
CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
[object Object],[object Object],[object Object],I-  Fixed   Income   Government Bonds 100% Private Fixed Income Titles or Fixed Income Mutual Funds 80% External Debt Mutual Funds/Cambial Mutual Funds 10% Agrobusiness Investments 5% II- Variable Income   Stocks and Variable Income Mutual Funds  Slide 12 49% Stocks N2 40% Stocks N1 35% Other Stocks Categories 30% Multimarket Mutual Funds 15% Private Equity Funds 5% BDR/Mercosul Companies Equity 3% III- Real Estate   Real Estate 8% Real  Estate   Mutual   Funds 10%

Mais conteúdo relacionado

Mais procurados

Mais procurados (7)

2011 Appropriation Law
2011 Appropriation Law2011 Appropriation Law
2011 Appropriation Law
 
Pension indicators 2017
Pension indicators 2017Pension indicators 2017
Pension indicators 2017
 
Receiving your State Pension abroad
Receiving your State Pension abroadReceiving your State Pension abroad
Receiving your State Pension abroad
 
Irp slides hash
Irp slides hashIrp slides hash
Irp slides hash
 
ASM COMMUNICATION - PRINCE K. OWUSU
ASM COMMUNICATION - PRINCE K. OWUSUASM COMMUNICATION - PRINCE K. OWUSU
ASM COMMUNICATION - PRINCE K. OWUSU
 
Accesstalk pdf
Accesstalk pdfAccesstalk pdf
Accesstalk pdf
 
20160224 CaSPER Briefing Note No1 final
20160224 CaSPER Briefing Note No1 final20160224 CaSPER Briefing Note No1 final
20160224 CaSPER Briefing Note No1 final
 

Destaque

8 30hs 25.09.09 Carlos Morales Grand2
8 30hs   25.09.09   Carlos Morales   Grand28 30hs   25.09.09   Carlos Morales   Grand2
8 30hs 25.09.09 Carlos Morales Grand2Daniel Florence
 
16h00 Jan Engstrom Sala 1 24.09.09
16h00 Jan Engstrom Sala 1  24.09.0916h00 Jan Engstrom Sala 1  24.09.09
16h00 Jan Engstrom Sala 1 24.09.09Daniel Florence
 
16 20hs 23.09.09 Toffanello Grand
16 20hs   23.09.09   Toffanello   Grand16 20hs   23.09.09   Toffanello   Grand
16 20hs 23.09.09 Toffanello GrandDaniel Florence
 
Meritalk Federal Customer Experience Report
Meritalk Federal Customer Experience ReportMeritalk Federal Customer Experience Report
Meritalk Federal Customer Experience ReportGovLoop
 
Early Case Assessments and Smarsh Email Archiving
Early Case Assessments and Smarsh Email ArchivingEarly Case Assessments and Smarsh Email Archiving
Early Case Assessments and Smarsh Email ArchivingSeth Row
 
16 00 24.09.09 Nicolai Rossiasco Grand4
16 00   24.09.09   Nicolai Rossiasco   Grand416 00   24.09.09   Nicolai Rossiasco   Grand4
16 00 24.09.09 Nicolai Rossiasco Grand4Daniel Florence
 
Copy of forrester oracles-dilemma
Copy of forrester oracles-dilemmaCopy of forrester oracles-dilemma
Copy of forrester oracles-dilemmaIT
 
Codigo de etica (1)
Codigo de etica (1)Codigo de etica (1)
Codigo de etica (1)Dany Prieto
 

Destaque (10)

8 30hs 25.09.09 Carlos Morales Grand2
8 30hs   25.09.09   Carlos Morales   Grand28 30hs   25.09.09   Carlos Morales   Grand2
8 30hs 25.09.09 Carlos Morales Grand2
 
16h00 Jan Engstrom Sala 1 24.09.09
16h00 Jan Engstrom Sala 1  24.09.0916h00 Jan Engstrom Sala 1  24.09.09
16h00 Jan Engstrom Sala 1 24.09.09
 
16 20hs 23.09.09 Toffanello Grand
16 20hs   23.09.09   Toffanello   Grand16 20hs   23.09.09   Toffanello   Grand
16 20hs 23.09.09 Toffanello Grand
 
Meritalk Federal Customer Experience Report
Meritalk Federal Customer Experience ReportMeritalk Federal Customer Experience Report
Meritalk Federal Customer Experience Report
 
W42October2014
W42October2014W42October2014
W42October2014
 
Early Case Assessments and Smarsh Email Archiving
Early Case Assessments and Smarsh Email ArchivingEarly Case Assessments and Smarsh Email Archiving
Early Case Assessments and Smarsh Email Archiving
 
16 00 24.09.09 Nicolai Rossiasco Grand4
16 00   24.09.09   Nicolai Rossiasco   Grand416 00   24.09.09   Nicolai Rossiasco   Grand4
16 00 24.09.09 Nicolai Rossiasco Grand4
 
Copy of forrester oracles-dilemma
Copy of forrester oracles-dilemmaCopy of forrester oracles-dilemma
Copy of forrester oracles-dilemma
 
Codigo de etica (1)
Codigo de etica (1)Codigo de etica (1)
Codigo de etica (1)
 
Tema 4. PROTEÍNAS
Tema 4. PROTEÍNASTema 4. PROTEÍNAS
Tema 4. PROTEÍNAS
 

Semelhante a 16 00 24.09.09 Osvaldo Do Nascimento Grand2

Prachi gupta insurance ppt
Prachi gupta  insurance ppt Prachi gupta  insurance ppt
Prachi gupta insurance ppt PrachiGupta255
 
BNDES Institutional presentation
BNDES Institutional presentationBNDES Institutional presentation
BNDES Institutional presentationBNDES
 
Key issues in the licensing and supervision of microinsurance in Cambodia
Key issues in the licensing and supervision of microinsurance in CambodiaKey issues in the licensing and supervision of microinsurance in Cambodia
Key issues in the licensing and supervision of microinsurance in CambodiaICMIF Microinsurance
 
New Cote d'Ivoire Insurance Industry
New Cote d'Ivoire Insurance IndustryNew Cote d'Ivoire Insurance Industry
New Cote d'Ivoire Insurance IndustryQYResearchReports
 
Life insurance market samy hazan-btg_pactual_meeting_04_2014
Life insurance market samy hazan-btg_pactual_meeting_04_2014Life insurance market samy hazan-btg_pactual_meeting_04_2014
Life insurance market samy hazan-btg_pactual_meeting_04_2014samyseg
 
Lic35slides 140225025024-phpapp02
Lic35slides 140225025024-phpapp02Lic35slides 140225025024-phpapp02
Lic35slides 140225025024-phpapp02lic of india
 
Presentation on Income Tax Deductions
Presentation on Income Tax DeductionsPresentation on Income Tax Deductions
Presentation on Income Tax DeductionsNitin Pant
 
Life insurance in india final raja
Life insurance in india final rajaLife insurance in india final raja
Life insurance in india final rajaKinshook Chaturvedi
 
Newsletter on daily professional updates- 16th September 2019
Newsletter on daily professional updates- 16th September 2019Newsletter on daily professional updates- 16th September 2019
Newsletter on daily professional updates- 16th September 2019CA PRADEEP GOYAL
 
Understanding Deposit Insurance
Understanding Deposit InsuranceUnderstanding Deposit Insurance
Understanding Deposit Insurancerexcris
 
Financial services sector_act_140108
Financial services sector_act_140108Financial services sector_act_140108
Financial services sector_act_140108Lado Gurgenidze
 
But What if I live? Power Point
But What if I live? Power PointBut What if I live? Power Point
But What if I live? Power Pointmarketmann
 
Newsletter dated 23rd June, 2015
Newsletter dated 23rd June, 2015Newsletter dated 23rd June, 2015
Newsletter dated 23rd June, 2015Proglobalcorp India
 
Accounting Economics And Business 14 Nov Ii
Accounting Economics And Business 14  Nov IiAccounting Economics And Business 14  Nov Ii
Accounting Economics And Business 14 Nov IiDr. Trilok Kumar Jain
 
1d943 Important Acts Of Banking
1d943 Important Acts Of Banking1d943 Important Acts Of Banking
1d943 Important Acts Of BankingGOEL'S WORLD
 
Icisa press release - industry results - annual meeting 2018
Icisa   press release -  industry results - annual meeting 2018Icisa   press release -  industry results - annual meeting 2018
Icisa press release - industry results - annual meeting 2018Jaime Cubillo Fleming
 
Zurich Claim Statistics.
Zurich Claim Statistics.Zurich Claim Statistics.
Zurich Claim Statistics.MayaDeividas
 

Semelhante a 16 00 24.09.09 Osvaldo Do Nascimento Grand2 (20)

Prachi gupta insurance ppt
Prachi gupta  insurance ppt Prachi gupta  insurance ppt
Prachi gupta insurance ppt
 
BNDES Institutional presentation
BNDES Institutional presentationBNDES Institutional presentation
BNDES Institutional presentation
 
Presentation on lic of india
Presentation on lic of indiaPresentation on lic of india
Presentation on lic of india
 
Key issues in the licensing and supervision of microinsurance in Cambodia
Key issues in the licensing and supervision of microinsurance in CambodiaKey issues in the licensing and supervision of microinsurance in Cambodia
Key issues in the licensing and supervision of microinsurance in Cambodia
 
New Cote d'Ivoire Insurance Industry
New Cote d'Ivoire Insurance IndustryNew Cote d'Ivoire Insurance Industry
New Cote d'Ivoire Insurance Industry
 
Life insurance market samy hazan-btg_pactual_meeting_04_2014
Life insurance market samy hazan-btg_pactual_meeting_04_2014Life insurance market samy hazan-btg_pactual_meeting_04_2014
Life insurance market samy hazan-btg_pactual_meeting_04_2014
 
Lic35slides 140225025024-phpapp02
Lic35slides 140225025024-phpapp02Lic35slides 140225025024-phpapp02
Lic35slides 140225025024-phpapp02
 
Presentation on Income Tax Deductions
Presentation on Income Tax DeductionsPresentation on Income Tax Deductions
Presentation on Income Tax Deductions
 
Life insurance in india final raja
Life insurance in india final rajaLife insurance in india final raja
Life insurance in india final raja
 
Oecd Global Insurance Market Trends 2016
Oecd Global Insurance Market Trends 2016Oecd Global Insurance Market Trends 2016
Oecd Global Insurance Market Trends 2016
 
Newsletter on daily professional updates- 16th September 2019
Newsletter on daily professional updates- 16th September 2019Newsletter on daily professional updates- 16th September 2019
Newsletter on daily professional updates- 16th September 2019
 
Understanding Deposit Insurance
Understanding Deposit InsuranceUnderstanding Deposit Insurance
Understanding Deposit Insurance
 
Financial services sector_act_140108
Financial services sector_act_140108Financial services sector_act_140108
Financial services sector_act_140108
 
But What if I live? Power Point
But What if I live? Power PointBut What if I live? Power Point
But What if I live? Power Point
 
Newsletter dated 23rd June, 2015
Newsletter dated 23rd June, 2015Newsletter dated 23rd June, 2015
Newsletter dated 23rd June, 2015
 
Accounting Economics And Business 14 Nov Ii
Accounting Economics And Business 14  Nov IiAccounting Economics And Business 14  Nov Ii
Accounting Economics And Business 14 Nov Ii
 
1d943 Important Acts Of Banking
1d943 Important Acts Of Banking1d943 Important Acts Of Banking
1d943 Important Acts Of Banking
 
Icisa press release - industry results - annual meeting 2018
Icisa   press release -  industry results - annual meeting 2018Icisa   press release -  industry results - annual meeting 2018
Icisa press release - industry results - annual meeting 2018
 
Pedro Pisonero Pérez (IBERAVAL Spain) - Development of Latin American Guaran...
Pedro Pisonero Pérez (IBERAVAL Spain) - Development  of Latin American Guaran...Pedro Pisonero Pérez (IBERAVAL Spain) - Development  of Latin American Guaran...
Pedro Pisonero Pérez (IBERAVAL Spain) - Development of Latin American Guaran...
 
Zurich Claim Statistics.
Zurich Claim Statistics.Zurich Claim Statistics.
Zurich Claim Statistics.
 

Mais de Daniel Florence

14h00 Mario F. SanginéS 24.09.09 Grand4
14h00  Mario F. SanginéS  24.09.09   Grand414h00  Mario F. SanginéS  24.09.09   Grand4
14h00 Mario F. SanginéS 24.09.09 Grand4Daniel Florence
 
14 30 23.09.09 Luciano Coutinho Grand
14 30   23.09.09   Luciano Coutinho   Grand14 30   23.09.09   Luciano Coutinho   Grand
14 30 23.09.09 Luciano Coutinho GrandDaniel Florence
 
14 24.09.09 Daniel Robles Grand1
14   24.09.09  Daniel Robles   Grand114   24.09.09  Daniel Robles   Grand1
14 24.09.09 Daniel Robles Grand1Daniel Florence
 
14 00hs 24.09.09 Vania Borgerth Grand3
14 00hs   24.09.09   Vania Borgerth   Grand314 00hs   24.09.09   Vania Borgerth   Grand3
14 00hs 24.09.09 Vania Borgerth Grand3Daniel Florence
 
14 00hs 24.09.09 Ricardo Rodil Grand3
14 00hs   24.09.09   Ricardo Rodil   Grand314 00hs   24.09.09   Ricardo Rodil   Grand3
14 00hs 24.09.09 Ricardo Rodil Grand3Daniel Florence
 
14 00hs 24.09.09 Ubiratan Aguiar Grand4
14 00hs   24.09.09   Ubiratan Aguiar   Grand414 00hs   24.09.09   Ubiratan Aguiar   Grand4
14 00hs 24.09.09 Ubiratan Aguiar Grand4Daniel Florence
 
14 00hs 24.09.09 Paul Pacter Grand3
14 00hs   24.09.09   Paul Pacter   Grand314 00hs   24.09.09   Paul Pacter   Grand3
14 00hs 24.09.09 Paul Pacter Grand3Daniel Florence
 
14 00 24.09.09 Luiz Claudio Grand1
14 00   24.09.09   Luiz Claudio   Grand114 00   24.09.09   Luiz Claudio   Grand1
14 00 24.09.09 Luiz Claudio Grand1Daniel Florence
 
10h30 Alejandro Chiappe 24.09.09 B4
10h30   Alejandro Chiappe  24.09.09   B410h30   Alejandro Chiappe  24.09.09   B4
10h30 Alejandro Chiappe 24.09.09 B4Daniel Florence
 
10 30hs 25.09.09 Maria Helena Grand1
10 30hs   25.09.09    Maria Helena   Grand110 30hs   25.09.09    Maria Helena   Grand1
10 30hs 25.09.09 Maria Helena Grand1Daniel Florence
 
10 30hs 24.09.09 Yolanda Grand3
10 30hs   24.09.09   Yolanda   Grand310 30hs   24.09.09   Yolanda   Grand3
10 30hs 24.09.09 Yolanda Grand3Daniel Florence
 
8 30hs 25.09.09 Jim Brumby Grand3
8 30hs   25.09.09   Jim Brumby   Grand38 30hs   25.09.09   Jim Brumby   Grand3
8 30hs 25.09.09 Jim Brumby Grand3Daniel Florence
 
10 30hs 230909 Ian Engstrom Grand2
10 30hs 230909   Ian Engstrom   Grand210 30hs 230909   Ian Engstrom   Grand2
10 30hs 230909 Ian Engstrom Grand2Daniel Florence
 
8h30 Cate Ambrose Sala 1 26.09.09
8h30   Cate Ambrose   Sala 1   26.09.098h30   Cate Ambrose   Sala 1   26.09.09
8h30 Cate Ambrose Sala 1 26.09.09Daniel Florence
 
8 30hs 25.09.09 Fernando Alves Grand1
8 30hs   25.09.09   Fernando Alves   Grand18 30hs   25.09.09   Fernando Alves   Grand1
8 30hs 25.09.09 Fernando Alves Grand1Daniel Florence
 
8 30hs 25.09.09 Roberto Teixeira Grand1
8 30hs   25.09.09   Roberto Teixeira   Grand18 30hs   25.09.09   Roberto Teixeira   Grand1
8 30hs 25.09.09 Roberto Teixeira Grand1Daniel Florence
 
8 30hs 25.09.09 Daniel Nallar Grand3
8 30hs   25.09.09   Daniel Nallar   Grand38 30hs   25.09.09   Daniel Nallar   Grand3
8 30hs 25.09.09 Daniel Nallar Grand3Daniel Florence
 
8 30hs 24.09.09 Marcelo Saintive Grand 4
8 30hs   24.09.09   Marcelo Saintive   Grand 48 30hs   24.09.09   Marcelo Saintive   Grand 4
8 30hs 24.09.09 Marcelo Saintive Grand 4Daniel Florence
 

Mais de Daniel Florence (18)

14h00 Mario F. SanginéS 24.09.09 Grand4
14h00  Mario F. SanginéS  24.09.09   Grand414h00  Mario F. SanginéS  24.09.09   Grand4
14h00 Mario F. SanginéS 24.09.09 Grand4
 
14 30 23.09.09 Luciano Coutinho Grand
14 30   23.09.09   Luciano Coutinho   Grand14 30   23.09.09   Luciano Coutinho   Grand
14 30 23.09.09 Luciano Coutinho Grand
 
14 24.09.09 Daniel Robles Grand1
14   24.09.09  Daniel Robles   Grand114   24.09.09  Daniel Robles   Grand1
14 24.09.09 Daniel Robles Grand1
 
14 00hs 24.09.09 Vania Borgerth Grand3
14 00hs   24.09.09   Vania Borgerth   Grand314 00hs   24.09.09   Vania Borgerth   Grand3
14 00hs 24.09.09 Vania Borgerth Grand3
 
14 00hs 24.09.09 Ricardo Rodil Grand3
14 00hs   24.09.09   Ricardo Rodil   Grand314 00hs   24.09.09   Ricardo Rodil   Grand3
14 00hs 24.09.09 Ricardo Rodil Grand3
 
14 00hs 24.09.09 Ubiratan Aguiar Grand4
14 00hs   24.09.09   Ubiratan Aguiar   Grand414 00hs   24.09.09   Ubiratan Aguiar   Grand4
14 00hs 24.09.09 Ubiratan Aguiar Grand4
 
14 00hs 24.09.09 Paul Pacter Grand3
14 00hs   24.09.09   Paul Pacter   Grand314 00hs   24.09.09   Paul Pacter   Grand3
14 00hs 24.09.09 Paul Pacter Grand3
 
14 00 24.09.09 Luiz Claudio Grand1
14 00   24.09.09   Luiz Claudio   Grand114 00   24.09.09   Luiz Claudio   Grand1
14 00 24.09.09 Luiz Claudio Grand1
 
10h30 Alejandro Chiappe 24.09.09 B4
10h30   Alejandro Chiappe  24.09.09   B410h30   Alejandro Chiappe  24.09.09   B4
10h30 Alejandro Chiappe 24.09.09 B4
 
10 30hs 25.09.09 Maria Helena Grand1
10 30hs   25.09.09    Maria Helena   Grand110 30hs   25.09.09    Maria Helena   Grand1
10 30hs 25.09.09 Maria Helena Grand1
 
10 30hs 24.09.09 Yolanda Grand3
10 30hs   24.09.09   Yolanda   Grand310 30hs   24.09.09   Yolanda   Grand3
10 30hs 24.09.09 Yolanda Grand3
 
8 30hs 25.09.09 Jim Brumby Grand3
8 30hs   25.09.09   Jim Brumby   Grand38 30hs   25.09.09   Jim Brumby   Grand3
8 30hs 25.09.09 Jim Brumby Grand3
 
10 30hs 230909 Ian Engstrom Grand2
10 30hs 230909   Ian Engstrom   Grand210 30hs 230909   Ian Engstrom   Grand2
10 30hs 230909 Ian Engstrom Grand2
 
8h30 Cate Ambrose Sala 1 26.09.09
8h30   Cate Ambrose   Sala 1   26.09.098h30   Cate Ambrose   Sala 1   26.09.09
8h30 Cate Ambrose Sala 1 26.09.09
 
8 30hs 25.09.09 Fernando Alves Grand1
8 30hs   25.09.09   Fernando Alves   Grand18 30hs   25.09.09   Fernando Alves   Grand1
8 30hs 25.09.09 Fernando Alves Grand1
 
8 30hs 25.09.09 Roberto Teixeira Grand1
8 30hs   25.09.09   Roberto Teixeira   Grand18 30hs   25.09.09   Roberto Teixeira   Grand1
8 30hs 25.09.09 Roberto Teixeira Grand1
 
8 30hs 25.09.09 Daniel Nallar Grand3
8 30hs   25.09.09   Daniel Nallar   Grand38 30hs   25.09.09   Daniel Nallar   Grand3
8 30hs 25.09.09 Daniel Nallar Grand3
 
8 30hs 24.09.09 Marcelo Saintive Grand 4
8 30hs   24.09.09   Marcelo Saintive   Grand 48 30hs   24.09.09   Marcelo Saintive   Grand 4
8 30hs 24.09.09 Marcelo Saintive Grand 4
 

Último

NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...Amil baba
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Commonwealth
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书rnrncn29
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxNarayaniTripathi2
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojnaDharmendra Kumar
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consultingswastiknandyofficial
 
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxINTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxaymenkhalfallah23
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxDrRkurinjiMalarkurin
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》rnrncn29
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdfglobusfinanza
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...Amil baba
 
Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Champak Jhagmag
 

Último (20)

Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]Economic Risk Factor Update: April 2024 [SlideShare]
Economic Risk Factor Update: April 2024 [SlideShare]
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptx
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
PMFBY , Pradhan Mantri Fasal bima yojna
PMFBY , Pradhan Mantri  Fasal bima yojnaPMFBY , Pradhan Mantri  Fasal bima yojna
PMFBY , Pradhan Mantri Fasal bima yojna
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consulting
 
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptxINTERNATIONAL TRADE INSTITUTIONS[6].pptx
INTERNATIONAL TRADE INSTITUTIONS[6].pptx
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
 
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
《加拿大本地办假证-寻找办理Dalhousie毕业证和达尔豪斯大学毕业证书的中介代理》
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
 
Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024
 

16 00 24.09.09 Osvaldo Do Nascimento Grand2

  • 1. CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
  • 2. Brazil Area (km 2 ): 8,511,965 GDP 2008: US$ 1,2 trillion Population 2007: 191.8 million About Brazil...
  • 3. Inflation IPCA accumulated in 12 months Source: Brazilian Central Bank and IBGE 4,36% Aug 2009 last 12 months % p.y.
  • 4. Nominal and Real SELIC Rate (in 12 months, % p.y.) Interest Rate Source: Brazilian Central Bank SELIC (Nominal Rate) Real Interest Rate 8,75% 4,25% % p.y.
  • 5.
  • 6.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. CReCER’09 Latin America and the Caribbean Averting Contagion: A Look at the Insurance Sector Osvaldo do Nascimento September, 24th, 2009
  • 15.