Capital-imperialism and the expansion of the Brazilian insurance sector in the 21st century

Authors

  • Rossi Henrique Soares Chaves Universidade Federal de Minas Gerais (UFMG)
  • Deise Luiza da Silva Ferraz Universidade Federal de Minas Gerais (UFMG)
  • Janaynna de Moura Ferraz Universidade Federal do Rio Grande do Norte (UFRN)

DOI:

https://doi.org/10.47456/argumentum.v16i1.41988

Abstract

The article analyses the Brazilian insurance sector in the 21st century, concomitant with the rise of capital-imperialism in Brazil. It explores the concept of capital-imperialism, referring to the recent post-1980 expansion of capitalism. Utilising historical-dialectical materialism, it examines reports on banks and insurance companies to demonstrate the centralisation of the insurance sector and its ties to other financial activities. The study focuses on key segments: a) supplementary health (private health plans); b) personal coverage (private pensions); and c) elementary branches (car insurance). The findings highlight how interconnections between insurance companies, the state, and banks, contribute to the process of the accumulation and centralisation of capital within major global conglomerates operating across the insurance, banking, and financial sectors.

 

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Author Biographies

Rossi Henrique Soares Chaves, Universidade Federal de Minas Gerais (UFMG)

Doutor em Administração pela Universidade Federal de Minas Gerais (UFMG). Pesquisador do Núcleo de Estudos Crítico: Trabalho e Marxologia (NEC-TraMa).

Deise Luiza da Silva Ferraz, Universidade Federal de Minas Gerais (UFMG)

Ph.D. in Business Administration from the Federal University of Rio Grande do Sul (UFRGS). Associate
Professor at the Federal University of Minas Gerais. Coordinator of the Center for Critical Studies,
Work and Marxology (Nec-TraMa).

Janaynna de Moura Ferraz, Universidade Federal do Rio Grande do Norte (UFRN)

Ph.D. in Business Administration from the Federal University of Minas Gerais (UFMG). Adjunct
Professor at the Federal University of Rio Grande do Norte (UFRN). Researcher at the Center for
Critical Studies, Work and Marxology (Nec-TraMa).

Published

01-05-2024

How to Cite

Chaves, R. H. S., Ferraz, D. L. da S., & Ferraz, J. de M. (2024). Capital-imperialism and the expansion of the Brazilian insurance sector in the 21st century. Argumentum, 16(1), 98–113. https://doi.org/10.47456/argumentum.v16i1.41988