Latin America: leading insurance companies 2020-2023, by market share

Published by
Jennifer Rudden,
Nov 1, 2024

In 2023, Bradesco and Brasilprev were the largest insurance groups in Latin America, accounting for almost 11 percent of the insurance market in the region. Both companies hail from Brazil. Spain-headquartered Mapfre was the third-largest insurer in the region holding 5.2 percent of the market.

Leading insurance companies in Latin America from 2020 to 2023, by market share

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Release date

September 2024

Region

Argentina, Brazil, Chile, Colombia, Mexico, Peru, LAC

Survey time period

2020 to 2023

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Overview

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