Colombia

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

The Colombian Association of Insurance Agents
Asociacion Colombiana de Agentes de Seguros
Web: www.acoas.com.co

 

POPULATION, 2011-2014 (1)

Year Population
2011 44,725,543
2012 45,239,079
2013 45,745,783
2014 46,245,297

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $407.2
2010 400.3
2011 431.9
2012 467.0
2013 526.5

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $6,649
Life premiums 2,861
Total premiums $9,510
Percent of total world premiums 0.20%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

View Archived Tables

 

 

LEADING NONLIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company COP Mn USD Mn
Suramericana SA 1,489,301.0 744.0
Estado SA 792,209.4 395.8
AXA Colpatria Seguros S.A. 783,839.5 391.6
Allianz Seguros SA 738,390.0 368.9
Liberty Seguros 662,481.4 331.0
MAPFRE 623,718.0 311.6
Previsora 574,540.3 287.0
Bolivar SA 511,353.7 255.5
QBE Seguros 462,270.8 230.9
Cardif Colombia Seguros Generales 462,071.9 230.8

Source: Axco Insurance Information Services.

View Archived Tables

 

 

LEADING LIFE INSURANCE COMPANIES, 2014

  Gross written premiums
Company COP Mn USD Mn
Suramericana Vida 2,280,744.3 1,139.4
Vidalfa SA 1,277,166.2 638.0
MAPFRE Colombia Vida Seguros 914,515.0 456.9
Bolivar Vida 799,288.0 399.3
Seguros de Riesgos Profesionales Suramericana 781,855.8 390.6
Positiva Compania de Seguros 737,723.9 368.5
AXA Colpatria Seguros S.A. 482,762.9 241.2
Riesgos Profesionales Colmena SA 416,744.6 208.2
Allianz Seguros de Vida 377,093.8 188.4
BBVA Seguros de Vida Colombia SA 239,992.9 119.9

Source: Axco Insurance Information Services.

View Archived Tables