Costa Rica

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

Insurance Association

Instituto Nacional de Seguros
Web: www.ins-cr.com

 

POPULATION, 2011-2014 (1)

Year Population
2011 4,576,562
2012 4,636,348
2013 4,695,942
2014 4,755,234

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $49.7
2010 48.2
2011 51.6
2012 54.5
2013 61.4

(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) $897
Life premiums 139
Total premiums $1,036
Percent of total world premiums 0.02%

(1) Includes accident and health insurance.

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

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company CRC Mn USD Mn
INS  233,040.3 466.3
ASSA Compania de Seguros  17,521.7 35.1
MAPFRE Seguros Costa Rica  5,420.4 10.9
Qualitas Compania de Seguros (Costa Rica)  2,916.2 5.8
Aseguradora del Istmo (ADISA)  607.7 1.2
Aseguradora Sagicor Costa Rica  187.8 0.4
Oceánica de Seguros S.A  69.8 0.1

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company CRC Mn USD Mn
INS  229,157.1 458.5
PAN AMERICAN Life Insurance  14,341.8 28.7
Aseguradora del Istmo (ADISA)  6,008.4 12.0
MAPFRE Seguros Costa Rica  3,383.0 6.8
Seguros del Magisterio  2,130.6 4.3
ASSA Compania de Seguros  1,243.6 2.5
Atlantic Southern Insurance Company  904.3 1.8
Best Meridian Insurance Company 648.2 1.3
Aseguradora Sagicor Costa Rica  248.5 0.5
Seguros Bolivar  151.0 0.3

Source: Axco Insurance Information Services.

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