In 2022, Brazil was the Latin American country with the highest operating expenditure in the insurance industry. That year, Brazilian insurance companies reported expenses amounting to almost 12 billion U.S. dollars. Mexico ranked second, with operating expenses reaching about 7.5 billion dollars. The two Latin American countries also had the highest volumes of premiums earned by the insurance industry.
Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country
(in million 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.
Learn more about how Statista can support your business.
Mapfre. (September 27, 2023). Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved November 05, 2024, from https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/
Mapfre. "Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars)." Chart. September 27, 2023. Statista. Accessed November 05, 2024. https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/
Mapfre. (2023). Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 05, 2024. https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/
Mapfre. "Operating Expenses of The Insurance Industry in Latin America from 2020 to 2022, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/
Mapfre, Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/ (last visited November 05, 2024)
Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars) [Graph], Mapfre, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/602335/operating-expenses-latin-american-insurance-industry-by-country/
