Caburé Group’s revenue grew 16.3% in 2011, compared with the same period in 2010, demonstrating a result of continued growth and strong positive performance of the products sold and the business conducted by its subsidiaries and affiliates.
In the main activity of the Group, sales and administration of Life Insurance policies, the results grew 18.6 % in 2011, compared to the same period in 2010.
In the range of people between 14 and 55 years old, the growing number of uninsured people was 42.3%, while the range of 56 years to 65 years, the growth was 21.7 %. For policyholders aged 66 years and over, the growth was 14.8%.
During the assessment period 2011, the average age of the actively insured stayed at 41 years of age.
The claim ratio average of Life Insurance in 2011 showed a decrease of 11.8 % compared to the same period in 2010, reaching the level of 16.4 %. This continues to show the excellence of the management policies of Caburé Group with high security to investments and high viability of the risks assumed.
The new area of Real Estate Investment of Caburé Group recorded , in 2011, a total of assets under management of R$84.2 million and this being only in its third year of operations .
The total assets and managed third parties, Caburé Group recorded in 2011 , R$ 16.1 billion .
Following the best practices of Corporate Governance, Caburé Group continues to evolve in its Shareholder Agreement, seeking to increase its economic development, creating conditions of increased employment and income in the communities in which it operates.