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, 2011-2015 (1)

Year Population
2011 9,956,648
2012 10,088,598
2013 10,219,630
2014 10,349,741
2015 10,478,756

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $84.9
2012 93.2
2013 101.0
2014 135.7
2015 149.7

(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.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $709
Life premiums 91
Total premiums $800
Percent of total world premiums 0.02%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2016.

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Leading Nonlife Insurance Companies, 2015

 

  Gross written premiums
Company DOP Mn USD Mn
Universal  6,312.8 140.1
Banreservas  4,796.3 106.5
MAPFRE  4,076.5 90.5
Colonial  2,841.9 63.1
SURA  2,727.5 60.5
Monumental  808.6 18.0
Constitucion  760.4 16.9
Pepin  758.7 16.8
General  501.8 11.1
Agrodosa  310.4 6.9

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2015

 

  Gross written premiums
Company DOP Mn USD Mn
Universal  2,614.3 58.0
Banreservas  1,665.9 37.0
MAPFRE  1,474.7 32.7
Scotia Seguros  1,001.6 22.2
Colonial  719.2 16.0
Worldwide  685.2 15.2
Vivir  343.3 7.6
SURA  340.8 7.6
CUNA Mutual  178.5 4.0
BUPA  155.1 3.4

Source: Axco Insurance Information Services.

 

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