Latest news and stories about insurance market in Portugal for expats and residents.
Sabseg exceeded €800 million in premiums intermediated in 2025, making it “the largest independent insurance broker on the Iberian Peninsula”. It is now entering a new phase of growth, backed by €350 million earmarked for acquisitions, with the aim of strengthening technical specialisations and expanding its territorial presence...
Allianz and Zurich gained market share in non-life insurance in 2025, according to data now published by ASF, the sector's supervisory authority. The total non-life insurance market grew by 9.4% compared with the previous year, reaching nearly €8 million in premiums written. It is a new record of ...
Toscafund, the largest shareholder of insurer Caravela, has put its holding in the insurer up for sale and appointed Mediobanca as adviser on the transaction, Bloomberg reported on Monday, citing people close to the potential deal. The fund took a stake in what is the seventh-largest non-life insurer in Portugal in 2019, through ...
Portugal records one of the lowest penetration rates for animal health insurance in Europe, with only 15% of pets insured, according to data from the study “PetPulse Insights”, carried out by Bernardo Soares, Veterinary Surgeon and One Health Director at UPPartner. This figure contrasts drastically with countries such as Sweden, which shows a rate ...
The total production of the direct insurance market (Life and Non-Life sectors) increased by 14.1% in the first nine months of the year compared to the same period in 2024, reaching €11.8 billion, reported ASF this Thursday. The Life sector grew by 19.7% during the period under review, due to a 58.3% increase observed in [...]
