BB Seguridade reports higher profits as claims ebb

Brazil-based BB Seguridade Participacoes SA posted a net income of 1.9 billion Brazilian real ($349 million) for the first quarter of 2025, up 8.3% year-on-year, driven by improved results at its core insurance unit, Brasilseg Companhia de Seguros, and a decline in claims, Invezz reports, citing InfoMoney. The group’s consolidated financial result rose 38% to BRL320 million.