LATIN AMERICAN INSURANCE MARKET IN 2019: LIFE UP, NON-LIFE DOWN- MAPFRE.

The Latin American insurance market grew by 1.6% to $153.05bn in 2019 but faces complex 2020 as a result of the covid-19 pandemic. According to a new report from Fundación mapfre life insurance premiums grew by 5.1% measured in dollars compared to 7.2% drop in 2018. The report also provides a review of the main structural trends in the regional market(penetration ,density , depth and market performance index) for the 2009-2019 period as well as an update of the Latin American and Caribbean insurance protection GAP estimates and a break down of each of the markets analyzed.

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