Hapvida (HAPV3) reported a net profit of R$83.4 million ($16.20 million) in Q1 2023, reversing a R$341.6 million ($66.34 million) loss from the previous year. Including non-recurring gains, such as R$12.3 million ($2.39 million) from the Maida Health sale, the adjusted net profit reached R$506.9 million ($98.42 million). This marked a 53.3% year-on-year increase. Hapvida, […]
Related Posts
Brazil to Host Major Lithium Summit in 2024
Yesterday, London witnessed a landmark agreement. InvestMinas, the investment agency for Minas Gerais, and the international consultancy IN-VR pledged to collaborate. Their goal? To bring forth the Brazil Lithium Summit in Belo Horizonte, scheduled for mid-June 2024. This summit signifies a joint commitment to Brazil’s lithium sector, promising to draw in investments and expand business […]
Climate Disasters Reshape Brazil’s Insurance Landscape
Brazil’s insurance industry is undergoing a significant transformation due to the rising frequency of climate-related disasters. As extreme weather events become more common, insurers are experiencing increased demand and payouts across various sectors, including life, property, housing, auto, and rural insurance. Comprehensive home insurance has seen the most substantial growth, covering damages from winds, floods, […]
