BB Seguridade Participações S.A. operates in the financial sector, within the insurance and pension industry.
Established in 2012 as a subsidiary of Banco do Brasil, the company is headquartered in Brasília, Federal District, and manages businesses related to insurance, private pension plans, capitalization bonds, and dental plans.
The company operates through strategic partnerships with leading insurers and pension fund managers, including Brasilseg, Brasilprev, Brasilcap, and Brasildental. Its portfolio includes property and life insurance, private pension plans, and capitalization products, serving both individual and corporate clients.
With nationwide operations, BB Seguridade leverages Banco do Brasil’s extensive branch network, as well as digital channels and banking correspondents, to distribute its products. The company continuously invests in technology to enhance the customer experience and improve the efficiency of its distribution channels.
The insurance and pension industry faces challenges such as economic fluctuations, government regulation, and demographic changes. BB Seguridade competes with major players like Caixa Seguridade, Bradesco Seguros, and Itaú Seguros, standing out for its strong national presence and strategic relationship with Banco do Brasil.
Its operational structure includes administrative centers, customer service units, and digital platforms. The business model, based on partnerships, allows for greater efficiency and diversification of revenue sources.
BB Seguridade Participações S.A.’s shares are available under the ticker BBSEY.
History and Founding of BB Seguridade Participações S.A.
BB Seguridade Participações S.A. was founded in 2012 as part of a restructuring process within Banco do Brasil, aiming to consolidate its operations in the insurance, pension, and capitalization segments.
In its early years, the company focused on integrating its subsidiaries and strengthening its strategic partnerships. Through this reorganization, BB Seguridade began operating independently in managing Banco do Brasil’s insurance and pension businesses.
The company’s initial public offering (IPO) took place in April 2013 on the B3 (Brazilian Stock Exchange), ranking among the largest IPOs ever conducted in Brazil. The capital raised supported the expansion of operations and investments in innovation and digitalization.
Over the following decade, BB Seguridade expanded its market share, grew its customer base, and developed new solutions for the insurance and pension markets. The company also reinforced its investments in digital platforms and data intelligence to enhance operational efficiency.
Between 2020 and 2024, BB Seguridade accelerated the digital transformation of its services, expanded its range of personalized products, and strengthened sustainability initiatives within the insurance sector.
The company also deepened its participation in private pension and capitalization markets, adapting to evolving consumer profiles and emerging trends in the financial industry.
Additional Information
The Company BB Seguridade Participacoes SA (United States), is listed on Nasdaq with a market cap of $ 12.21 Billions, having an equity of $ 2.40 Billions.
The Company está listadathe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 1.07 Billion, which generated a profit in the amount of $ 1.59 Billion.
As for its main indicators, the Company has a P/E ratio of 7.70, a P/BV ratio of 5.09 and in the last 12 months the dividend yield of BBSEY was at 12.01%.
The Company is traded internationally through the ticker BBSEY.