February 13, 2017 / 1:36 PM / in a year

BB Seguridade sees premium growth topping Brazil average this year

SAO PAULO, Feb 13 (Reuters) - Insurance premium underwriting at BB Seguridade Participações SA could grow this year at a faster pace than that of rivals, reflecting efforts by the Brazilian state-controlled insurer to stem the impact of a harsh recession.

The faster increase in premium underwriting could be accompanied by a decline in auto insurance claims, Chief Executive José Mauricio Coelho told reporters at an event to discuss fourth-quarter results.

Reporting by Aluísio Alves; Writing by Guillermo Parra-Bernal

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