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, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $6,439
Life premiums 3,632
Total premiums $10,070
Percent of total world premiums 0.22%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company COP Mn USD Mn
Suramericana  1,298,712.5 722.8
Colpatria  772,205.9 429.7
Liberty  730,081.2 406.3
Allianz  717,546.3 399.3
Estado  595,809.8 331.6
MAPFRE  583,298.5 324.6
Previsora  580,698.5 323.2
Bolivar  480,588.2 267.5
QBE  480,134.4 267.2
RSA  366,756.3 204.1

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2012

  Gross written premiums
Company COP Mn USD Mn
Suramericana  1,743,500.0 970.3
Bolivar  889,400.7 495.0
MAPFRE  783,014.8 435.8
Alfa  766,401.1 426.5
ARP Sura  576,066.4 320.6
Positiva  528,948.6 294.4
Allianz  436,242.9 242.8
Colmena  372,007.2 207.0
Colpatria  367,485.2 204.5
BBVA Seguros  189,228.2 105.3

Source: Axco Insurance Information Services.

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