Life Insurance in Chile, Key Trends and Opportunities to 2019

Date: 2015-11
Pages:194
Price:

“• The Chilean life insurance segment recorded a review-period CAGR of 5.0% in terms of gross written premium.

• The Chilean life insurance segment accounted for 57.6% of the industry’s gross written premium in 2014.

• General annuity was the fastest-growing category in the life segment and recorded a review-period CAGR of 7.6%.

• Chilean life insurance penetration measured as a percentage of GDP (2.3%) was lower than France (5.6%) and Germany (3.3%).

• The life segment was moderately consolidated with the 10 leading companies accounting for 75.6% of the segment’s total direct written premium in 2014.”

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