Brazilian insurer Bradesco Seguros' revenues rise 15%
Posted On: Jan. 29, 2016 12:00 AM CSTBrazilian insurer Bradesco Seguros S.A.'s revenues increased 15% to 64.3 billion Brazilian reals ($15.7 billion) in 2015 from the year prior, reports Diario de Goias.
Bradesco's net income rose 20%, while amount paid in compensation and benefits increased 17.5% to BRL 45.3 billion during the year. The insurer's technical provisions increased 16% to BRL 178 billion and financial assets amounted to BRL 192 billion.