Uruguay

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

Insurance Association

Uruguayan Association of Insurance Companies
Asociacion Uruguaya de Empresas Aseguradoras)
Web: www.bnamericas.com

 

POPULATION, 2011-2014 (1)

Year Population
2011 3,308,535
2012 3,316,328
2013 3,324,460
2014 3,332,972

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 NA
2010 $44.1
2011 48.4
2012 52.0
2013 56.3

(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.

NA=Data not available.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $865
Life premiums 348
Total premiums $1,213
Percent of total world premiums 0.03%

(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 UYU Mn USD Mn
Banco de Seguros del Estado  11,588.3 565.8
Royal & Sun Alliance Seguros (Uruguay) SA  1,567.3 76.5
Porto Seguro - Seguros del Uruguay S.A.  1,336.8 65.3
MAPFRE Uruguay Compania de Seguros SA (Grales)  1,185.0 57.9
Sancor Seguros SA  665.6 32.5
AIG  398.8 19.5
Compania Cooperativa de Seguros Surco  297.1 14.5
HDI Seguros SA  235.2 11.5
Far Compania de Seguros SA  170.2 8.3
Berkley International Seguros SA (Uruguay)  106.9 5.2

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company UYU Mn USD Mn
Banco de Seguros del Estado  4,578.3 223.6
MetLife Seguros de Vida SA  1,100.6 53.7
MAPFRE La Uruguaya SA (Vida)  1,011.7 49.4
Compania Cooperativa de Seguros Surco  191.8 9.4
Zurich Santander  124.2 6.1
Sancor Seguros SA  64.5 3.2
Royal & Sun Alliance Seguros (Uruguay) SA  28.2 1.4
HDI Seguros SA  1.2 0.1
Porto  0.1 0.0

Source: Axco Insurance Information Services.

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