Porto Seguro S.a.BMFBOVESPA: PSSA3

Monthly Sectorial Report - Janeiro/26

· Issued by Porto Seguro S.a.


Highlights

Premiums (1M26 - R$ Bn) and



Market Share (%) Auto*

  • Consolidated Auto: R$ 1.34 billion in Direct Premiums (-4.2% vs. Jan/25) and Loss Ratio of 57.1% (-3.0 p.p. vs. Jan/25) in Jan/26.

  • P&C + Cargo: R$ 0.29 billion (+14.4% vs. Jan/25) in Direct Premiums and Loss Ratio of 33.7% in Jan/26.

    Porto Seguro 2nd Major Player 3rd Major Player

    0.8

    0.8

    1.3

    16.5%

    16.3%

    27.0%

  • Life: R$ 0.15 billion in Direct Premiums (+11.8% vs. Jan/25) and Loss Ratio of 26.0% in Jan/26.

4th Major Player

6th Major Player 6th Major Player

0.3

0.7

0.5

5.2%

13.5%

10.2%

Porto Consolidated Indicators - Auto

1.40

1.34

Direct Premiums (R$ Bn)

1.28

1.33 1.31 1.33 1.38 1.37 1.31 1.34

1.27

1.24

1.60

1.36

1.33

1.21

Earned Premiums (R$ Bn)

1.34

1.31

1.35 1.32 1.36 1.37 1.33 1.37 1.32 1.37

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2025

2026

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Loss Ratio** (%) Commission Ratio (%)

60.1

57.1

65.4

54.9 59.4 59.1 57.7 57.9 59.0 58.0 59.1 58.0 58.1

22.5 22.5 22.3 22.1 22.1 21.9 22.2 22.3 21.9

21.3

22.4

21.8

24.5

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2025

2026

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

PREMIUMS (R$ Bn)

Direct Premiums

Earned Premiums

AUTO INSURANCE

Jan/26

Jan/25

Var.%

Jan/26

Jan/25

Var.%

Total Porto Group

1.34

1.40

-4.2%

1.36

1.33

2.5%

Market Ex-Porto

3.64

3.49

4.3%

3.86

3.57

8.1%

Total Market

4.98

4.89

1.8%

5.22

4.90

6.5%

EXPENSES (%)

Loss Ratio

Commision Ratio

AUTO INSURANCE

Jan/26

Jan/25

Var.%

Jan/26

Jan/25

Var.%

Total Porto Group

57.1%

60.1%

-3.0 p.p.

22.4%

22.5%

-0.1 p.p.

Market Ex-Porto

61.9%

64.6%

-2.7 p.p.

21.1%

20.8%

0.4 p.p.

Total Market

60.6%

63.4%

-2.8 p.p.

21.5%

21.2%

0.2 p.p.



P&C + Cargo** Direct Premiums (R$ Bn) Earned Premiums (R$ Bn)

0.29

0.28 0.27 0.27 0.27

0.26

0.29 0.30 0.30 0.30 0.31 0.31 0.35

2025

2026

0.30

0.26

0.24 0.27 0.27 0.27 0.27 0.28 0.28 0.28 0.29 0.29 0.29

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Loss Ratio (%) Commission Ratio (%)

37.9%

33.7% 38.7% 39.0%

28.4% 24.3%

20.5%

28.6% 30.2% 30.1%

35.1% 31.1% 36.4% 2025

2026

27.6%

27.4% 27.8% 26.3% 28.2% 27.5% 28.6% 27.6% 27.6% 27.6% 27.6% 27.3% 27.2%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Direct Premiums (R$ Bn)

0.15

Life

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Earned Premiums (R$ Bn)

0.17

0.14

0.15 0.15 0.16 0.17 0.16 0.17 0.16 0.15 0.17 0.14 0.15

2025

2026

0.15

0.14 0.15 0.14 0.15 0.15 0.16 0.16 0.15 0.16 0.16 0.16

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Loss Ratio (%) Commission Ratio (%)

35.5%

26.0%

43.1% 45.6%

43.3%

32.8%

50.4%

34.1% 37.3%

44.6%

32.6% 34.2%

2025

28.6%

28.3% 28.1% 26.3% 30.3% 29.2% 27.7% 26.7% 30.0% 28.2% 29.4% 26.2% 29.4%

17.0%

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2026

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Company Name | Code:

Summary

Premiums and Loss Ratio

Porto Seguro Companhia de Seguros Gerais | 5886 Azul Companhia de Seguros Gerais | 5355 Porto Seguro Vida e Previdência S/A | 6033

Itaú Seguros de Auto e Residência S/A | 3182 ***

Insurance | Premiums and Loss Ratio

Access: http://www2.susep.gov.br/menuestatistica/SES/principal.aspx

Code of branches by Segment:

Auto: 0520, 0523, 0524, 0525, 0526, 0531, 0542, 0544, 0553.

P&C + Cargo: 0114, 0116, 0118, 0171, 0621, 0622, 0632, 0652, 0654,

0655, 1101, 1102, 1111, 1130, 1162.

Life: 0929, 0977, 0980, 0981, 0982, 0984, 0987, 0990, 0991, 0993, 1329,

1369, 1377, 1380, 1381, 1383, 1384, 1390, 1391.

Disclaimer

This report was prepared by Porto Seguro S/A. and its main objective is to help the market to monitor the performance of its businesses, exclusively based on public data provided by the Statistics System of the Superintendence of Private Insurance (SUSEP). available at http://www2.susep.gov.br/menuestatistica/SES/principal.aspx. It should be noted that the figures in this report are calculated using the accounting standard used by SUSEP. known as SUSEP GAAP. and may differ from those disclosed in the Performance Analysis Report and in the quarterly Financial Statements of Porto Seguro S/A.. which adopt international accounting standards and standards (International Financial Reporting Standards - IFRS) issued by the International Accounting Standards Board (IASB). In producing this report. any effects that may be considered non-recurring were not segregated. Additional information in this regard will only be detailed in the quarterly release.

*Considering the merger between HDI, Liberty and Sompo.

**The Loss ratio for Auto and Home Insurance (which make up property insurance) has changed from 2Q22 onwards due to the spin-off of assistance services from the Insurance operation to

"Porto Assistência" with no material impact on the Company's consolidated Net Income. For more detailed information. access the Company's 4Q22 release. (Pg. 9)

***Itaú Seguros de Auto e Residência S/A is considered under Auto and P&C.



Earlier from Porto Seguro

All Porto Seguro news releases