The rural insurance segment ended the first half of the year with a 4.8% decline compared to the same period last year. This result represents a negative performance for the sector in the accumulated first six months.
The decline was not uniform throughout the period. The rural insurance market recorded decreases in five of the first six months of the year, indicating a trajectory of sustained difficulties throughout the semester.
The climate context also deserves attention. Despite the forecast of an intense El Niño during the analyzed period, the rural insurance sector failed to expand its operations, but rather registered contraction.
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