| INSURANCE SERVICE RESULT |
| 32) | | INSURANCE SERVICE RESULT |
| Schedule of insurance
service result |
|
|
|
| |
R$ thousands |
| Year ended December 31 |
| 2025 |
2024 |
2023 |
| Revenue from PAA contracts |
53,576,235 |
49,545,938 |
44,618,387 |
| Revenue from BBA contracts |
7,450,972 |
7,781,746 |
6,331,612 |
| Revenue from VFA contracts |
84,058 |
13,244 |
302,828 |
| Insurance and pension plans revenue |
61,111,265 |
57,340,928 |
51,252,827 |
| Claims incurred |
(41,200,237) |
(39,763,947) |
(38,789,671) |
| Acquisition costs |
(4,708,875) |
(4,062,877) |
(3,515,668) |
| Administrative expenses |
(3,601,469) |
(3,273,232) |
(3,606,269) |
| Onerous contracts |
(247,134) |
(1,334,682) |
(70,204) |
| Reinsurance result |
(22,207) |
36,070 |
(35,304) |
| Insurance contract expenses |
(49,779,922) |
(48,398,668) |
(46,017,116) |
| Insurance services result from insurance and pension plans |
11,331,343 |
8,942,260 |
5,235,711 |
|