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)
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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)