Summary

Non-Life Insurance in South America

Summary

Non-Life Insurance in South America industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- The South American non-life insurance market recorded gross written premiums of $84.9 billion in 2024, representing a compound annual growth rate (CAGR) of 4.6% between 2019 and 2024.
- The motor segment accounted for the market's largest proportion in 2024, with total gross written premiums of $21.2 billion, equivalent to 25.0% of the market's overall value.
- In 2024, the South American non-life insurance market recorded an annual growth of 4.1%. The growth is driven by a rise in the number of active non-life insurance policies, which expanded the premium base and strengthened insurers’ recurring revenue streams. According to Superintendencia Financiera de Colombia, in 2024, the number of active non-life insurance policies in Colombia reached 33.4 million, up 2.8% annually.

Scope

- Save time carrying out entry-level research by identifying the size, growth, and leading players in the non-life insurance market in South America
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in South America
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the South America non-life insurance market with five year forecasts

Reasons to Buy

- What was the size of the South America non-life insurance market by value in 2024?
- What will be the size of the South America non-life insurance market in 2029?
- What factors are affecting the strength of competition in the South America non-life insurance market?
- How has the market performed over the last five years?

ページTOPに戻る

Table of Contents

Table of Contents
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Porto Seguro SA
8.2. Bradesco Seguros SA
8.3. Mapfre SA
8.4. Tokio Marine Holdings Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

ページTOPに戻る

List of Tables/Graphs

List of Tables
Table 1: South America non-life insurance market value: $ billion, 2019-24
Table 2: South America non-life insurance market category segmentation: % share, by value, 2019-24
Table 3: South America non-life insurance market category segmentation: $ billion, 2019-24
Table 4: South America non-life insurance market geography segmentation: $ billion, 2024
Table 5: South America non-life insurance market value forecast: $ billion, 2024-29
Table 6: Porto Seguro SA: Key Facts
Table 7: Porto Seguro SA: Annual Financial Ratios
Table 8: Porto Seguro SA: Key Employees
Table 9: Bradesco Seguros SA: Key Facts
Table 10: Bradesco Seguros SA: Key Employees
Table 11: Mapfre SA: Key Facts
Table 12: Mapfre SA: Annual Financial Ratios
Table 13: Mapfre SA: Key Employees
Table 14: Mapfre SA: Key Employees Continued
Table 15: Tokio Marine Holdings Inc: Key Facts
Table 16: Tokio Marine Holdings Inc: Annual Financial Ratios
Table 17: Tokio Marine Holdings Inc: Key Employees
Table 18: Tokio Marine Holdings Inc: Key Employees Continued
Table 19: South America Exchange Rate, 2019-24