People's insurance market grows 14.8% by April

The people insurance market, which covers modalities such as life policies, personal accidents, travel and education, grew 14.8% from January to April, totaling R $13.70 billion in relation to the same period last year. The data are from the National Federation of Private Pension and life (FenaPrevi), which represents insurers and private pension companies. In the period, these companies paid R $3.30 billion in indemnities, an increase of 8.4% before the four months of a year ago. Engine. One of the sector's drivers has been the insurance provider, which covers the payment of financing, amid the expansion of the credit pulled by the individuals in the country. The modality reached R $4.4 billion from January to April, 26.72% higher than that verified in the same range of 2018.