Ecuador

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

Insurance Association

Asociacion de Companias de Seguros del Ecuador
Web:  http://www.acose.org

 

POPULATION, 2011-2014 (1)

Year Population
2011 15,007,343
2012 15,223,680
2013 15,439,429
2014 15,654,411

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $107.0
2010 107.1
2011 115.3
2012 124.8
2013 157.6

(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) $1,377
Life premiums 282
Total premiums $1,659
Percent of total world premiums 0.04%

(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 USD Mn
Equinoccial  235.3
Colonial  199.5
Sucre  187.5
ACE Seguros  185.8
MAPFRE-ATLAS  83.0
AIG Metropolitana  79.9
Liberty Seguros  73.8
Seguros Unidos  67.3
Aseguradora Del Sur  58.4
Latina Seguros  55.5

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company USD Mn
Seguros De Pichincha  99.8
Equivida  50.3
ACE Seguros  30.1
Pan American Life Insurance  25.8
Ecuatoriano Suiza   21.0
Sucre  20.8
Liberty Seguros  19.3
Colvida  18.7
Coopseguros  12.3
AIG Metropolitana 11.1

Source: Axco Insurance Information Services.

 

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