Dominican Republic

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

Insurance Association

Dominican Association of Insurers and Reinsurers
Camara Dominicana de Aseguradores y Reaseguradores Inc.
Web: www.cadoar.org.do

 

POPULATION, 2011-2014 (1)

Year Population
2011 9,956,648
2012 10,088,598
2013 10,219,630
2014 10,349,741

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $83.3
2010 78.9
2011 84.9
2012 93.2
2013 101.0

(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) $619
Life premiums 120
Total premiums $739
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 DOP Mn USD Mn
Universal  6,086.3 145.6
Banreservas  3,804.3 91.0
MAPFRE  3,516.5 84.1
Sura  2,708.1 64.8
Colonial  2,443.3 58.4
Constitucion  1,252.0 30.0
Monumental  644.4 15.4
Pepin  592.5 14.2
General  271.4 6.5
Dominicana  248.5 5.9

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company DOP Mn USD Mn
Universal  2,400.8 57.4
Banreservas  1,081.9 25.9
MAPFRE  954.0 22.8
Colonial  768.6 18.4
Scotia Seguros  750.3 18.0
Worldwide  679.7 16.3
Sura  368.6 8.8
Vivir (Unido)  176.8 4.2
BMI  132.7 3.2
Constitucion  129.3 3.1

Source: Axco Insurance Information Services.

 

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