Bb Seguridade Participacoes Sa · BMFBOVESPA:BBSE3
Bb Seguridade Participacoes Sa — Q2 2025 Earnings Presentation
14 slides from Bb Seguridade Participacoes Sa's earnings presentation, Aug 5, 2025
Slide 1: BB Seguridade Earnings Presentation 2Q25
BB Seguridade Earnings Presentation 2Q25
Slide 2: Focus on results and value generation
Financial Net Operating management income¹ ROAE result² performance² R$ 2.2bn 89.7% R$ 1.8bn R$ 0.5bn +19.7% +15.1 p.p. +11.3% +68.8% Focus on Retained earned results and premiums R$3.7bn +9.7% value Loss ratio 21.5% -5.7p.p. generation Pension plans reserves R$449.0bn +9.4% Premium bonds R$1.8bn co
Slide 3: Innovation delivering results
Innovation delivering results Diversification of Portfolio management distribution channels R$856mm in premiums written Credit Credit life for Credit life for via partnerships (11% of the total) life consortium companies Structured businesses: +40% yoy Cooperatives and agro resellers: +55% yoy R$94m
Slide 4: Commitment to efficiency and customer-centric strategies
Commitment to efficiency and customer-centric strategies Improved customer experience and retention metrics Efficiency enhancement Reduction in the NPS G&A ratio¹ +5.7 pts in the quality zone -7.8 p.p. Brasilcap Reduction -27% of complaints -1.0 p.p. BB Corretora -10% Improvement of churn -0.4 p.p.
Slide 5: Our numbers
@ BB SEGuROS Pra tudo que importa Our numbers
Slide 6: Recurring managerial net income and net investment income
Recurring managerial net income and net investment income¹ Recurring net income (R$ mm) Consolidated net investment income³ (R$ mm) 20.7% 18.5% +14% 14.7% 13.6% YoY: +20% 4,390 YoY: +69% 4,236 +55% 3,715 3,714 784 2,316 1,871 2,240 1,797 506 464 275 IGP-M lag 74 (76) (0) (154) 2Q24 2Q25 1H24 1H25 2Q
Slide 7: Recurring managerial net income main components
Recurring managerial net income main components (R$ mm) Net investment income change Operating result change +R$277 mm +R$245 mm +R$23 mm (1H25) vs. -R$150 mm (1H24) 1 – Changes on retained claims and acquisition costs, considering the ratios reported in 1H24. 7/14
Slide 8: Brasilseg
Brasilseg Prewmiums written (R$ bn) Retained premiums (R$ bn) Premiums written by segment YoY: -1% YoY: +2% Breakdown of -3.4% +0.2% Chg. On 1H24 On 2Q24 premiums 8.0 7.8 Rural 48.0% (1.6%) (3.2%) 7.0 7.0 Term life 22.7% +0.3% (3.6%) Credit life 20.6% (14.3%) (4.9%) 3.8 3.7 3.3 3.4 Corporate¹ 3.2% +
Slide 9: Brasilprev
Brasilprev Contributions (R$ bn) Net inflow (R$ bn) Reserves (R$ bn) YoY: -22% YoY: +9% 10.6% 11.1% -21% 10.1% 9.4% 429 439 449 410 423 29 23 5 12 10 -0.3 -4 -5 Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 2Q24 2Q25 1H24 1H25 2Q24 2Q25 1H24 1H25 Net inflow Redemption ratio Mgmt. fee (R$ mm) Recurring net inco
Slide 10: Brasilcap
Brasilcap Collections (R$ mm) Reserves (R$ mm) YoY: +24% YoY: +1% +11% 11,165 11,025 11,020 10,981 11,279 3,508 3,154 1,849 1,490 2Q24 2Q25 1H24 1H25 Jun/24 Sep/24 Dec/24 Mar/25 Jun/25 Lottery prizes paid (R$ mm) Net investment income Net income (R$ mm) 4.0 4.2 3.9 3.1 -10% +6% YoY: -6% YoY: +6% -19
Slide 11: BB Corretora
BB Corretora Brokerage revenue (R$ mm) Brokerage revenue breakdown Pension Other Other YoY: +6% Pension +5% plans Premium 0.4% Premium 0.4% plans 12.4% bonds bonds 8.4% 2,811 9.2% 9.9% 2,681 1,335 1,410 1H24 1H25 Insurance Insurance 78.0% 81.3% 2Q24 2Q25 1H24 1H25 Net margin (%) Net income (R$mm) Yo
Slide 12: Guidance
& BB SEGuROS Pra tudo que importa Guidance
Slide 13: Guidance 2025
Guidance 2025 Previous estimates Revised estimates Non-interest operating result (ex- 7.4% holding)¹ 0% 3% 8% 1% 4% Observed 1H25 -3.4% Premiums written of Brasilseg 0% 2% 7% -4% 1% Observed 1H25 PGBL and VGBL pension plans 9.8% reserves of Brasilprev 0% 12% 16% 9% 12% Observed 1H25 1 – Sum of the a
Slide 14: Contacts
Contacts Investor Relations Rua Alexandre Dumas, 1671 – Térreo – Ala B Chácara Santo Antônio – São Paulo - SP CEP: 04717-903 Telephone: (11) 4297-0730 ri@bbseg.com.br bbseguridaderi.com.br/en
BB Seguridade Participações — Q2 2025 Earnings Presentation on 6ix