In 2024, 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 U.S. dollars per capita in Puerto Rico. This was followed by Uruguay and Chile, with an insurance density of *** U.S. dollars and *** U.S. dollars per capita, respectively.
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Mapfre. (December 17, 2025). Insurance density in selected countries in Latin America and the Caribbean in 2024 (in U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. "Insurance density in selected countries in Latin America and the Caribbean in 2024 (in U.S. dollars)." Chart. December 17, 2025. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. (2025). Insurance density in selected countries in Latin America and the Caribbean in 2024 (in U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre. "Insurance Density in Selected Countries in Latin America and The Caribbean in 2024 (in U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 17 Dec 2025, /statistics/1131919/latin-america-insurance-density-rate-country/
Mapfre, Insurance density in selected countries in Latin America and the Caribbean in 2024 (in U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/1131919/latin-america-insurance-density-rate-country/ (last visited July 31, 2026)
Insurance density in selected countries in Latin America and the Caribbean in 2024 (in U.S. dollars) [Graph], Mapfre, December 17, 2025. [Online]. Available: /statistics/1131919/latin-america-insurance-density-rate-country/