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Latin America: insurance loss rate 2020, by country

Published by
Jennifer Rudden,
Feb 7, 2022
Mexico was the Latin American country with the highest accident rate in the insurance industry in 2020. That year, the country reported a rate of more than 14 billion U.S. dollars. Chile ranked second with a loss rate amounting to just over nine billion dollars. During this time, Brazil had the highest operating expenses in the insurance industry in Latin America.

Accident insurance rate in Latin America in 2020, by country (in million U.S. dollars)

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Release date

September 2021

Region

LAC

Survey time period

2020

Supplementary notes

* Figure is from 2019 (latest available).

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