Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 427

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 427
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 throughout the national territory, and potential exposures to risk concentration are monitored through management reports
where the results of insurance contracts sold by branch are observed. The table below shows the concentration of risks based on the values of insurance
liabilities:

  Schedule of risk concentration                                                                                                           
  Insurance liabilities               R$ thousands                                                                                         
                                      On December 31                                                                                       
                                      2024                                                         2023                                    
                                      Gross               Reinsurance       Net of tax            Gross      Reinsurance       Net of tax  
  Life                                23,171,925          36,481            23,135,444       22,346,065      24,661            22,321,404  
  Pension plans                       335,365,123         -                335,365,123      304,335,063      -                304,335,063  
  Non-Life                            3,603,721           49,327             3,554,394        3,201,521      10,221             3,191,300  
  Health (Health and Dental)          16,651,962          -                 16,651,962       14,909,509      -                 14,909,509  

Sensitivity test

The purpose of the sensitivity test is
to measure impacts, in the event of isolated, reasonably possible changes in assumptions inherent to the Group's operations that may be
affected due to the risk underwriting process and that are considered relevant on the balance sheet date.

As risk factors, the following premises
were elected:

  Risk-free interest rate – represents the                                                                                                  

  Income Conversion – The test evaluated                                           
  the impact of an increase in the income conversion ratio for annuity contracts;  
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  Longevity (Improvement) – represents an                                                                                                   

  Loss ratio – is the main indicator of                                                                                                      

Sensitivity test results

The table below shows the impact on the
Company's results and equity in insurance liabilities for life insurance with survivorship coverage, pension plans and individual life
insurance, considering variations in the risk factor:

  Schedule of sensitivity test substantially for pension portfolio                                                 
  On December 31, 2024 - R$ thousand                                                                               
  Interest Rate - Variation of +5% (*)                                  Results in the insurance liabilities (**)  
  Pension Plans                                                         ( 266,988)                                 

  (*)      To better reflect the interest rate