In 2022, insurance companies in Argentina recorded the highest positive technical result reached in Latin America that year. A technical result of approximately 1.8 billion U.S. dollars was reached at that time. Among the given countries in the region, Mexico's insurance industry had the lowest technical results, at more than negative two billion U.S. dollars. Incidentally, Mexico had the highest loss ratio in Latin America in that year.
Technical result of insurance industry in Latin American from 2020 to 2022, by country
(in million U.S. dollars)
Characteristic
2020
2021
2022
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Mapfre. (September 27, 2023). Technical result of insurance industry in Latin American from 2020 to 2022, by country (in million U.S. dollars) [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/
Mapfre. "Technical result of insurance industry in Latin American from 2020 to 2022, by country (in million U.S. dollars)." Chart. September 27, 2023. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/
Mapfre. (2023). Technical result of insurance industry in Latin American from 2020 to 2022, by country (in million U.S. dollars). Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/
Mapfre. "Technical Result of Insurance Industry in Latin American from 2020 to 2022, by Country (in Million U.S. Dollars)." Statista, Statista Inc., 27 Sep 2023, https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/
Mapfre, Technical result of insurance industry in Latin American from 2020 to 2022, by country (in million U.S. dollars) Statista, https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/ (last visited August 24, 2024)
Technical result of insurance industry in Latin American from 2020 to 2022, by country (in million U.S. dollars) [Graph], Mapfre, September 27, 2023. [Online]. Available: https://www.statista.com/statistics/602347/technical-results-latin-american-insurance-industry-by-country/