Guatemala

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

INSURANCE ASSOCIATION

Guatemalan Insurance Association
Web: www.agis.com.gt/

 

POPULATION, 2011-2014 (1)

Year Population
2011 13,824,463
2012 14,099,032
2013 14,373,472
2014 14,647,083

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2012-2014 (1)

(U.S. $ billions)

Year GDP
2012 $74.6
2013 81.5
2014 118.7

(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, 2014

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $671
Life premiums 165
Total premiums $835
Percent of total world premiums 0.02%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 4/2015.

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LEADING NONLIFE INSURANCE COMPANIES, 2014

 

  Gross written premiums
Company GTQ Mn USD Mn
Roble 868.2 112.3
G&T 693.8 89.7
MAPFRE 233.6 30.2
Universales 231.8 30.0
General 227.2 29.4
CHN 202.4 26.2
Agromercantil 159.7 20.7
Ceiba 96.2 12.5
AIG Seguros 93.4 12.1
Rural 90.4 11.7

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2014

 

  Gross written premiums
Company GTQ Mn USD Mn
Rural  223.6 28.9
Roble  212.0 27.4
G&T  157.7 20.4
Pan-American  100.2 13.0
Columna  84.7 11.0
General  69.5 9.0
Occidente   65.6 8.5
Trabajadores 65.3 8.4
CHN  55.0 7.1
MAPFRE  52.6 6.8

Source: Axco Insurance Information Services.