In Latin America, the value of total non-life insurance premiums was highest for automobile insurance in 2021. Total automobile insurance premiums amounted to a value of almost 24 billion U.S. dollars that year. Health insurance followed, with total premiums amounting to a value of over 22 billion dollars. That year, Brazil's insurance industry registered the highest total premiums within Latin America.
Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line
(in billion U.S. dollars)
Source notes the following information:
"It's important to note that this table does not consider the Venezuelan insurance market as it does not have a breakdown of the lines of business, so growth of
the Life and Non-Life segments may vary compared to the aggregate growth data for the region indicated in the text of this report."
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Mapfre. (November 25, 2022). Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
Mapfre. "Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line (in billion U.S. dollars)." Chart. November 25, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
Mapfre. (2022). Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
Mapfre. "Total Non-life Premium Volume in The Insurance Industry in Latin America in 2020 and 2021, by Line (in Billion U.S. Dollars)." Statista, Statista Inc., 25 Nov 2022, https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
Mapfre, Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line (in billion U.S. dollars) Statista, https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/ (last visited December 22, 2024)
Total non-life premium volume in the insurance industry in Latin America in 2020 and 2021, by line (in billion U.S. dollars) [Graph], Mapfre, November 25, 2022. [Online]. Available: https://www.statista.com/statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
