When comparing September 2009 to September 2008, total premiums in the Brazilian insurance market were down 4.81% (US$ 1.42 billion), down to US$ 29.58 billion to US$ 28.16 billion.  For the same period total premiums were up 13.99% for pension and 5.4% for credit and guaranty, but down for accident and health (-5.3%), life (-6.89%), auto (-9.09%), non-auto liability (-12.42%) and mandatory auto (-54.86%).

For the period, the most significant lines of business in Brazil were pension (40.5%), auto (21.86%), non-auto liability (15.11%) and life (13.72%).

The two largest insurers in the market for the period, also measured by total premium, were Bradesco (30.82%) and Itau (25.01%).

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