Argentina, Brazil, Chile, Colombia, Mexico, Latin America and the Caribbean
Survey time period
2024
Supplementary notes
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."
Figures have been rounded.
Citation formats
Latin America: non-life insurance premiums 2024, by line
In Latin America, the value of total non-life insurance premiums was highest for automobile insurance in 2024. Total automobile insurance premiums amounted to a value of almost billion U.S. dollars that year. Health insurance followed, with total premiums amounting to a value of over billion dollars. That year, Brazil's insurance industry registered the highest total premiums within Latin America.
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Mapfre. (December 17, 2025). Total non-life premium volume in the insurance industry in Latin America in 2024, by line (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /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 2024, by line (in billion U.S. dollars)." Chart. December 17, 2025. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/
Mapfre. (2025). Total non-life premium volume in the insurance industry in Latin America in 2024, by line (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /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 2024, by Line (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 17 Dec 2025, /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 2024, by line (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/ (last visited August 03, 2026)
Total non-life premium volume in the insurance industry in Latin America in 2024, by line (in billion U.S. dollars) [Graph], Mapfre, December 17, 2025. [Online]. Available: /statistics/602432/non-life-premium-volume-latin-american-insurance-industry-by-line/