Porto Seguro S.a.BMFBOVESPA: PSSA3

Monthly Sectorial Report - Sep/25

· Issued by Porto Seguro S.a.

‌Highlights‌

  • Consolidated Auto: R$ 1.31 billion in Direct Premiums (+0.8% vs. Sep/24) and Loss Ratio of 57.9% (-0.2 p.p. vs. Sep/24) in Sep/25.

  • P&C + Cargo: R$ 0.29 billion (+12.0% vs. Sep/24) in Direct Premiums and Loss Ratio of 30.3% in Sep/25.

  • Life: R$ 0.15 billion in Direct Premiums (+11.8% vs. Sep/24) and Loss Ratio of 37.3% in Sep/25.

Por

Premiums (9M25 - R$ Bn) and





to Seguro

12.0

26.6%

2º Maior

8.0

17.7%

3º Maior

6.3

14.0%

4º Maior

6.2

13.8%

5º Maior

5.1

11.4%

6º Maior

2.5 5.6%

Market Share (%) Auto*

Porto Consolidated Indicators - Auto Direct Premiums (R$ Bn) Earned Premiums (R$ Bn)

1.40

1.28

1.33

1.31

1.33

1.27

1.38 1.41

1.31

1.49

1.33

1.35

1.31

1.35

1.32

1.36 1.37

1.33 1.33 1.30 1.33

1.33

1.20

1.26

1.25

1.33

1.22

1.34

1.37

1.30

1.37

1.31

1.33

1.25

1.34

1.21

1.31

1.35

1.31

1.34

1.34

1.29

2024

2025

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jan fev mar abr mai jun jul ago set out nov dez

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

65.4

54.9

59.4 63.1

57.7

57.9

59.0 58.2

22.5 22.5 22.3 22.1 22.1 21.9 22.2 22.3

21.4

22.7

57.1

58.9

52.9

58.6

59.1 55.3

56.0

57.6

57.9

58.3 55.5 56.4

21.1 21.4 21.2

20.9

21.3 21.3 21.1 21.3 21.3 21.5 21.9

2024

2025

jan fev mar abr mai jun jul ago set out nov dez

jan fev mar abr mai jun jul ago set out nov dez

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

Sep/25

Sep/24

Var.%

9M25

9M24

Var.%

Sep/25

Sep/24

Var.%

9M25

9M24

Var.%

Total Porto Group

1.31

1.30

0.8%

12.01

11.63

3.2%

1.33

1.29

2.9%

11.92

11.88

0.3%

Market Ex-Porto

3.98

3.42

16.3%

33.15

30.92

7.2%

3.59

3.42

5.0%

31.98

30.17

6.0%

Total Market

5.29

4.72

12.0%

45.16

42.56

6.1%

4.92

4.72

4.1%

43.90

42.05

4.4%

EXPENSES (%)

Loss Ratio

Commission Ratio

AUTO INSURANCE

Sep/25

Sep/24

Var.%

9M25

9M24

Var.%

Sep/25

Sep/24

Var.%

9M25

9M24

Var.%

Total Porto Group

57.9%

58.2%

-0.2 p.p.

59.0%

57.5%

1.4 p.p.

22.3%

21.3%

1.0 p.p.

22.1%

21.2%

0.9 p.p.

Market Ex-Porto

63.2%

60.1%

3.1 p.p.

60.1%

60.3%

-0.2 p.p.

21.2%

20.4%

0.8 p.p.

20.9%

19.9%

1.0 p.p.

Total Market

61.8%

59.6%

2.2 p.p.

59.8%

59.5%

0.3 p.p.

21.5%

20.7%

0.8 p.p.

21.2%

20.2%

1.0 p.p.



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

0.26

0.23

0.27

0.23

0.27

0.27

0.27

0.24

0.29

0.27

0.27

0.26

0.29

0.27

0.29

0.26

0.29

0.26 0.27

0.27

0.30

2024

2025

0.26

0.23

0.24

0.22

0.27

0.24

0.26

0.23

0.27

0.25

0.27

0.24

0.27

0.25

0.28

0.25

0.27

0.25 0.26 0.25 0.26

jan fev mar abr mai jun jul ago set out nov dez

jan fev mar abr mai jun jul ago set out nov dez

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 (%)

42.9%38.6%38.5%

37.9%37.2%

31.1%

40.8%

23.4%26.9%29.8%

36.0%

42.2% 40.8%

34.9%

2024

28.8%27.9%26.8%28.3%27.8%28.7%27.7%27.8%27.8%

30.5%28.6%24.5%

19.5%

26.4%23.0%30.3%

2025

27.4%26.8%26.4%27.3%27.6%28.2%27.3%27.8%27.5%27.4%27.3%27.8%

jan fev mar abr mai jun jul ago set out nov dez

jan fev mar abr mai jun jul ago set out nov dez

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

Direct Premiums (R$ Bn) Life Earned Premiums (R$ Bn)

0.14

0.12

0.15

0.12

0.15

0.14

0.16

0.14

0.17

0.15

0.16

0.14

0.17

0.15

0.16

0.14

0.15

0.14

0.14

0.13 0.14

2024

2025

0.15

0.13

0.14

0.12

0.15

0.13

0.14

0.13

0.15

0.13

0.15

0.13

0.16

0.14

0.16

0.14

0.15

0.14 0.15 0.14 0.15

jan fev mar abr mai jun jul ago set out nov dez

jan fev mar abr mai jun jul ago set out nov dez

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%

43.1%45.6%

38.2%

43.3%41.8%50.4%44.7%48.6%

28.3%

33.6%

28.2%

31.4%

29.2%

29.7%

29.3%

30.0%

28.9%

39.3%33.2%33.5%

33.0%32.8%

29.2%

34.1%37.3%35.8%35.4%32.3%

2024

26.0%28.1%26.3%30.3%27.9%27.7%26.7%28.1%28.2%29.0%27.5%27.8%

17.0%

2025

jan fev mar abr mai jun jul ago set out nov dez

jan fev mar abr mai jun jul ago set out nov dez

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

Summary

Company Name | Code:

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 ***

Written Premiums - Insurance | Premiums and Loss Ratio

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

Premiums and Loss Ratio

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, 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 https://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.