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Market share of the insurance industry in Latin America from 2015 to 2024, by type

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Source

Release date

December 2025

Region

Latin America and the Caribbean

Survey time period

2015 to 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."

Citation formats

Latin America: market share of insurance 2015-2024, by type

Published by Jenny Yang, Jun 16, 2026

In 2024, non-life insurance had the larger market share of the insurance industry in Latin America. The market share of non-life insurance was **** percent that year, while the remaining **** percent market share was held by life insurance. Among Latin American countries that year, Brazil had the highest premium volume in the non-life insurance industry in the region.

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Statistics on " Insurance industry in Latin America "

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Insurance industry in Latin AmericaLife insurance worldwideInsured catastrophe lossesReinsuranceInsurance industry in Canada
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