In 2022, 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 5,800 U.S. dollars per capita in Puerto Rico. This was followed by Chile and Uruguay, with an insurance density of 665 U.S. dollars and 574 U.S. dollars per capita, respectively.
Insurance density in selected countries in Latin America and the Caribbean from 2020 to 2022
(in U.S. dollars)
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Mapfre. (September 27, 2023). Insurance density in selected countries in Latin America and the Caribbean from 2020 to 2022 (in U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, 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 from 2020 to 2022 (in U.S. dollars)." Chart. September 27, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. (2023). Insurance density in selected countries in Latin America and the Caribbean from 2020 to 2022 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. "Insurance Density in Selected Countries in Latin America and The Caribbean from 2020 to 2022 (in U.S. Dollars)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre, Insurance density in selected countries in Latin America and the Caribbean from 2020 to 2022 (in U.S. dollars) Statista, https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/ (last visited December 22, 2024)
Insurance density in selected countries in Latin America and the Caribbean from 2020 to 2022 (in U.S. dollars) [Graph], Mapfre, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/1131919/latin-america-insurance-density-rate-country/