In 2020, Puerto Rico reported the highest insurance density among Latin American countries. Insurance density is calculated as the ratio of total insurance premiums to the whole population of a given country. That year, insurance premiums amounted to over 5,600 U.S. dollars per capita in Puerto Rico. This was followed by Chile and Uruguay, with an insurance density of 518 U.S. dollars and 421 U.S. dollars per capita, respectively.
Insurance density in selected countries in Latin America and the Caribbean in 2020
(in U.S. dollars)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Statista Accounts:
Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.
Mapfre. (September 28, 2021). Insurance density in selected countries in Latin America and the Caribbean in 2020 (in U.S. dollars) [Graph]. In Statista. Retrieved August 11, 2022, from https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. "Insurance density in selected countries in Latin America and the Caribbean in 2020 (in U.S. dollars)." Chart. September 28, 2021. Statista. Accessed August 11, 2022. https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. (2021). Insurance density in selected countries in Latin America and the Caribbean in 2020 (in U.S. dollars). Statista. Statista Inc.. Accessed: August 11, 2022. https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. "Insurance Density in Selected Countries in Latin America and The Caribbean in 2020 (in U.S. Dollars)." Statista, Statista Inc., 28 Sep 2021, https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre, Insurance density in selected countries in Latin America and the Caribbean in 2020 (in U.S. dollars) Statista, https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/ (last visited August 11, 2022)
