In 2020, the highest value of total insurance premiums among Latin American countries was recorded in Brazil. That year, total insurance premiums amounted to over 45 billion U.S. dollars. Mexico and Puerto Rico followed, with approximately 27.2 billion and 16.1 billion U.S. dollars in total insurance premiums, respectively. Mexico's insurance industry also reported the highest financial result in the region that year.
Premium volume of the insurance industry in Latin America in 2020, by country
(in billion U.S. dollars)
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Mapfre. (September 28, 2021). Premium volume of the insurance industry in Latin America in 2020, by country (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 14, 2022, from https://www.statista.com/statistics/602422/total-premium-volume-latin-american-insurance-industry-by-country/
Mapfre. "Premium volume of the insurance industry in Latin America in 2020, by country (in billion U.S. dollars)." Chart. September 28, 2021. Statista. Accessed August 14, 2022. https://www.statista.com/statistics/602422/total-premium-volume-latin-american-insurance-industry-by-country/
Mapfre. (2021). Premium volume of the insurance industry in Latin America in 2020, by country (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 14, 2022. https://www.statista.com/statistics/602422/total-premium-volume-latin-american-insurance-industry-by-country/
Mapfre. "Premium Volume of The Insurance Industry in Latin America in 2020, by Country (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Sep 2021, https://www.statista.com/statistics/602422/total-premium-volume-latin-american-insurance-industry-by-country/
Mapfre, Premium volume of the insurance industry in Latin America in 2020, by country (in billion U.S. dollars) Statista, https://www.statista.com/statistics/602422/total-premium-volume-latin-american-insurance-industry-by-country/ (last visited August 14, 2022)