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Operating expenses of the insurance industry in Latin America from 2020 to 2022, by country (in million U.S. dollars)

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Source

Release date

September 2023

Region

Central and South America, Latin America and the Caribbean

Survey time period

2020 to 2022

Supplementary notes

* Figure is from the previous year (latest available).

Citation formats

Latin America: expenses insurance industry 2020-2022, by country

Published by Jenny Yang, Sep 27, 2023
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 ** billion U.S. dollars. Mexico ranked second, with operating expenses reaching about *** billion dollars. The two Latin American countries also had the highest volumes of premiums earned by the insurance industry.
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