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v3.25.1

Insurance contracts and private pension (Tables) | 12 Months Ended
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Dec. 31, 2024
Insurance Contracts And Private Pension |
Schedule of insurance contracts and private pension portfolios and measurement approach |
Schedule of insurance contracts and private pension portfolios and measurement approach |  |  |  |  |  |  |  |
| Note | 12/31/2024 | 12/31/2023
| (Assets) / Liabilities | Income |  | (Assets) / Liabilities | Income
| Contractual | Financial |  | Contractual | Financial
General Model (BBA) |  | 16,399 | 2,332 | (1,385) |  | 15,762 | 2,361 | (538)
lnsurance | 27a I | 5,752 | 2,463 | (268) |  | 5,134 | 2,461 | (242)
Private pension | 27a II | 10,647 | (131) | (1,117) |  | 10,628 | (100) | (296)
Variable Fee Approach (VFA) | 27a II | 289,823 | 1,869 | (22,310) |  | 255,193 | 1,709 | (28,044)
Private pension |  | 289,823 | 1,869 | (22,310) |  | 255,193 | 1,709 | (28,044)
Simplified Model (PAA) | 27a I | 611 | 2,335 | 16 |  | 450 | 2,062 | (3)
lnsurance |  | 631 | 2,382 | 11 |  | 488 | 2,068 | (2)
Reinsurance |  | (20) | (47) | 5 |  | (38) | (6) | (1)
Total Insurance contracts and private pension |  | 306,833 | 6,536 | (23,679) |  | 271,405 | 6,132 | (28,585)
lnsurance |  | 6,383 | 4,845 | (257) |  | 5,622 | 4,529 | (244)
Reinsurance |  | (20) | (47) | 5 |  | (38) | (6) | (1)
Private pension |  | 300,470 | 1,738 | (23,427) |  | 265,821 | 1,609 | (28,340)
Current |  | 611 | - | - |  | 450 |  |
Non-current |  | 306,222 | - | - |  | 270,955 |  |
Schedule of reconciliation of insurance |
Schedule of reconciliation of insurance |  |  |  |  |  |  |  |  |
| 12/31/2024 |  | 12/31/2023
| Liability for Remaining Coverage | Loss Component of the Liability for Remaining Coverage | Liability for Incurred Claims | Total |  | Liability for Remaining Coverage | Loss Component of the Liability for Remaining Coverage | Liability for Incurred Claims | Total
Opening Balance - 01/01 | 3,015 | 1,960 | 609 | 5,584 |  | 2,248 | 1,936 | 697 | 4,881
Income from Insurance Contracts and Private Pension | (6,446) | (39) | 1,687 | (4,798) |  | (5,791) | (150) | 1,418 | (4,523)
Financial Income from Insurance Contracts and Private Pension | 233 | (71) | - | 162 |  | 137 | 174 | 25 | 336
Premiums Received, Claims and Other Expenses Paid | 7,066 | - | (1,651) | 5,415 |  | 6,421 | - | (1,531) | 4,890
Closing Balance | 3,868 | 1,850 | 645 | 6,363 |  | 3,015 | 1,960 | 609 | 5,584
Schedule of reconciliation of insurance one |
Schedule of reconciliation of insurance one |  |  |  |  |  |  |  |  |
| 12/31/2024 |  | 12/31/2023
| Estimate of Present Value of Future Cash Flows | Contractual Service Margin | Risk Adjustment for Non-financial Risk | Total |  | Estimate of Present Value of Future Cash Flows | Contractual Service Margin | Risk Adjustment for Non-financial Risk | Total
Opening Balance - 01/01 | 86 | 5,215 | 283 | 5,584 |  | (145) | 4,756 | 270 | 4,881
Realization of Insurance Contractual Margin | - | (5,194) | - | (5,194) |  | - | (4,554) | - | (4,554)
Actuarial Remeasurements | 1,557 | (1,151) | (10) | 396 |  | 1,266 | (1,198) | (37) | 31
Income from Insurance Contracts and Private Pension | 1,557 | (6,345) | (10) | (4,798) |  | 1,266 | (5,752) | (37) | (4,523)
New Recognized Insurance Contracts | (6,760) | 6,743 | 17 | - |  | (5,943) | 5,921 | 22 | -
Financial Income from Insurance Contracts and Private Pension | (152) | 315 | (1) | 162 |  | 18 | 290 | 28 | 336
Recognized in Income for the period | (76) | 315 | 13 | 252 |  | (59) | 290 | 14 | 245
Recognized in Other Comprehensive Income | (76) | - | (14) | (90) |  | 77 | - | 14 | 91
Premiums Received, Claims and Other Expenses Paid | 5,415 | - | - | 5,415 |  | 4,890 | - | - | 4,890
Closing Balance | 146 | 5,928 | 289 | 6,363 |  | 86 | 5,215 | 283 | 5,584
Schedule of reconciliation of private pension |
Schedule of reconciliation of private pension |  |  |  |  |  |  |  |  |
| 12/31/2024 |  | 12/31/2023
| Liability for Remaining Coverage | Loss Component of the Liability for Remaining Coverage | Liability for Incurred Claims | Total |  | Liability for Remaining Coverage | Loss Component of the Liability for Remaining Coverage | Liability for Incurred Claims | Total
Opening Balance - 01/01 | 265,128 | 595 | 98 | 265,821 |  | 227,952 | 184 | 86 | 228,222
Income from Insurance Contracts and Private Pension | (89,794) | 137 | 87,919 | (1,738) |  | (84,584) | 148 | 82,827 | (1,609)
Financial Income from Insurance Contracts and Private Pension | 22,753 | (16) | (1) | 22,736 |  | 29,186 | 263 | 6 | 29,455
Premiums Received, Claims and Other Expenses Paid | 101,575 | - | (87,924) | 13,651 |  | 92,574 | - | (82,821) | 9,753
Closing Balance | 299,662 | 716 | 92 | 300,470 |  | 265,128 | 595 | 98 | 265,821
Schedule of reconciliation of private pension one |
Schedule of reconciliation of private pension one |  |  |  |  |  |  |  |  |
| 12/31/2024 |  | 12/31/2023
| Estimate of Present Value of Future Cash Flows | Contractual Service Margin | Risk Adjustment for Non-financial Risk | Total |  | Estimate of Present Value of Future Cash Flows | Contractual Service Margin | Risk Adjustment for Non-financial Risk | Total
Opening balance - 01/01 | 245,564 | 19,936 | 321 | 265,821 |  | 210,255 | 17,696 | 271 | 228,222
Realization of Insurance Contractual Margin | - | (1,899) | - | (1,899) |  | - | (1,829) | - | (1,829)
Actuarial Remeasurements | 379 | (196) | (22) | 161 |  | (1,330) | 1,534 | 16 | 220
Income from Insurance Contracts and Private Pension | 379 | (2,095) | (22) | (1,738) |  | (1,330) | (295) | 16 | (1,609)
New Recognized Insurance Contracts | (3,103) | 3,097 | 6 | - |  | (2,520) | 2,514 | 6 | -
Financial Income from Insurance Contracts and Private Pension | 22,729 | 6 | 1 | 22,736 |  | 29,406 | 21 | 28 | 29,455
Recognized in Income for the period | 23,410 | 6 | 11 | 23,427 |  | 28,309 | 21 | 10 | 28,340
Recognized in Other Comprehensive Income | (681) | - | (10) | (691) |  | 1,097 | - | 18 | 1,115
Premiums Received, Claims and Other Expenses Paid | 13,651 | - | - | 13,651 |  | 9,753 | - | - | 9,753
Closing Balance | 279,220 | 20,944 | 306 | 300,470 |  | 245,564 | 19,936 | 321 | 265,821
Schedule of contractual service margin |
Schedule of contractual service margin |  |  |  |  |  |  |
Period | 12/31/2024 |  | 12/31/2023
lnsurance | Private Pension | Total |  | lnsurance | Private Pension | Total
1 year | 2,388 | 2,068 | 4,456 |  | 1,944 | 1,736 | 3,680
2 years | 1,638 | 2,084 | 3,722 |  | 1,222 | 1,861 | 3,083
3 years | 1,188 | 2,115 | 3,303 |  | 1,011 | 1,897 | 2,908
4 years | 580 | 2,077 | 2,657 |  | 717 | 1,903 | 2,620
5 years | 115 | 1,935 | 2,050 |  | 295 | 1,806 | 2,101
Over 5 years | 19 | 10,665 | 10,684 |  | 26 | 10,733 | 10,759
Total | 5,928 | 20,944 | 26,872 |  | 5,215 | 19,936 | 25,151
Schedule of discount rates |
Schedule of discount rates |  |  |  |  |  |  |  |  |  |  |
| 12/31/2024 |  | 12/31/2023
Indexes | 1 year | 3 years | 5 years | 10 years | 20 years |  | 1 year | 3 years | 5 years | 10 years | 20 years
IGPM | 7.43% | 5.69% | 6.29% | 6.18% | 5.88% |  | 5.56% | 4.91% | 5.25% | 5.59% | 5.65%
IPCA | 7.63% | 8.05% | 7.79% | 7.59% | 7.36% |  | 5.87% | 5.09% | 5.09% | 5.20% | 5.31%
TR | 13.07% | 13.48% | 13.24% | 12.78% | 12.58% |  | 9.35% | 9.10% | 9.32% | 9.48% | 9.45%
Schedule of claims development |
Schedule of claims development |  |  |  |  |  |
Occurrence date | 12/31/2020 | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | Total
At the end of event period | 1,016 | 1,262 | 1,164 | 1,122 | 1,201 |
After 1 year | 1,248 | 1,529 | 1,414 | 1,383 |  |
After 2 years | 1,283 | 1,571 | 1,444 |  |  |
After 3 years | 1,298 | 1,584 |  |  |  |
After 4 years | 1,308 |  |  |  |  |
Accumulated payments through base date | 1,292 | 1,554 | 1,431 | 1,384 | 1,104 | 6,765
Liabilities recognized in the balance sheet |  |  |  |  |  | 705
Liabilities in relation to prior periods |  |  |  |  |  | 17
Other estimates |  |  |  |  |  | 19
Adjustment to present value |  |  |  |  |  | (44)
Risk adjustment to non-financial risk |  |  |  |  |  | 40
Liability for Claims incurred at 12/31/2024 |  |  |  |  |  | 737

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