Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 192

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 192
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                                        Pension Entities and Reinsurers.                                   
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4.B.70.03-01.02 Private Insurance Superintendence (SUSEP)
 The SUSEP is responsible for implementing and overseeing CNSP’s policies and ensuring compliance with such policies by insurance companies, insurance brokers and insured individuals. The SUSEP is linked to the Ministry of Finance and was created by Decree-Law No. 73 of November 1966.
 Thus, for insurance companies to operate, they require government approval, as well as specific approval from the SUSEP to commercialize each of their products, whereby they may underwrite policies either directly to consumers or through authorized brokers (Article 13 and paragraph 2 of Law No. 4,594/64).
 The SUSEP is responsible for:
 
·   supervising the constitution, organization, functioning and operation of insurance companies, capitalization,
                                    open private pension entities and reinsurers;                                
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·   complying with and enforcing the deliberations of the CNSP and performing the activities delegated by
                                                     it;                                                 
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·   acting in order to protect the acquisition of popular savings that are made through the operations of
                   insurance, open private pension, and of capitalization and reinsurance;               
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·   promoting the improvement of institutions and operational instruments;
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·   promoting the stability of the markets under its jurisdiction, ensuring their expansion and the operation
                                      of the entities that operate in them;                                  
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·   ensuring the liquidity and solvency of companies that make up the insurance market; and
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·   ensuring the protection of consumer interests of the markets supervised.
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4.B.70.03-01.03 National Agency of Supplemental Health (ANS)
 The ANS is a municipality linked to the Ministry of Health, with operations throughout Brazil, and is an agency that regulates, standardizes, controls and supervises activities which ensure the qualification of health care in the supplemental health sector.

116 – Form 20-F 2024 | Bradesco
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The main objectives of the ANS are to stimulate the quality of the supplemental health sector and encourage programs to promote the prevention of diseases in the sector in which it operates.
 To fulfill its objectives, the following are incumbent upon the ANS:
 
·          regulation of the supplemental health care, creating general policies, guidelines and actions to standardize      
    and foment actions that aim to protect the public interest and the sustainability of