Venezuela

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

Insurance Association

Insurance Association
Camara de Aseguradores de Venezuela
Web: www.camaraseg.org

 

POPULATION, 2011-2014 (1)

Year Population
2011 27,635,743
2012 28,047,938
2013 28,459,085
2014 28,868,486

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2012 (1)

Year GDP
2009 $368.6
2010 355.2
2011 344.2
2012 368.8
2013 407.4

(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) $13,290
Life premiums 444
Total premiums $13,733
Percent of total world premiums 0.30%

(1) Includes accident and health insurance.

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

View Archived Tables

 

 

LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company VEF Mn USD Mn
Caracas de Liberty Mutual  12,466.7 2,061.3
Mercantil  10,377.7 1,715.9
Horizonte  7,736.8 1,279.2
Occidental  6,877.9 1,137.2
MAPFRE La Seguridad  6,440.6 1,064.9
Previsora  4,151.9 686.5
Altamira  3,358.4 555.3
Banesco  2,821.8 466.6
Estar  2,775.4 458.9
Multinacional  2,597.2 429.4

Source: Axco Insurance Information Services.

View Archived Tables

 

 

LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company VEF Mn USD Mn
Caracas de Liberty Mutual  12,466.7 2,061.3
Mercantil  10,377.7 1,715.9
Horizonte  7,736.8 1,279.2
Occidental  6,877.9 1,137.2
MAPFRE La Seguridad  6,440.6 1,064.9
Previsora  4,151.9 686.5
Altamira  3,358.4 555.3
Banesco  2,821.8 466.6
Estar  2,775.4 458.9
Multinacional  2,597.2 429.4

Source: Axco Insurance Information Services.

View Archived Tables