In May 2026, Porto Seguro (PSSA3) reported R$ 1.38 bn in direct auto insurance premiums, up 3.4% compared to May 2025, with a loss ratio of 54.7%, a decrease of 4.4 percentage points in the period, according to SUSEP’s monthly sector report.
In the first five months of 2026, the group totaled R$ 6.89 bn in direct auto premiums, growth of 3.4% versus the R$ 6.67 bn recorded in the same period of 2025. Earned auto premiums reached R$ 1.37 bn in May 2026 and R$ 6.67 bn in 5M26, increases of 2.1% compared to May 2025 and 5M25, respectively.
In the property and transportation insurance segment, Porto Seguro recorded R$ 0.33 bn in direct premiums in May 2026, up 7.6% versus May 2025, with a loss ratio of 27.5%, an increase of 4.1 percentage points year over year. In life, direct premiums totaled R$ 0.16 bn in May 2026, a slight drop of 0.2% compared to May 2025, and a loss ratio of 38.7%, a decrease of 4.6 percentage points.
In the auto insurance market as a whole, direct premiums reached R$ 5.15 bn in May 2026, growth of 3.0% versus May 2025, while the Porto group accounted for R$ 6.89 bn of the R$ 25.40 bn issued in the 5M26 year-to-date period. Porto booked R$ 6.9 bn in auto premiums in the first five months of 2026, with a market share of 27.1%, ahead of the second-largest player, with R$ 4.4 bn and a 17.2% market share.
The loss ratio for the total auto market was 59.4% in May 2026, virtually stable compared to 59.5% in May 2025, while the commission ratio stood at 21.9% for the month and 21.8% in the 5M26 year-to-date. For the Porto group, the auto commission ratio was 24.2% in May 2026 and 23.3% in 5M26, versus 21.3% and 22.1% in the same periods of 2025.
