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: https://audea.org.uy/

 

Population, 2011-2015 (1)

Year Population
2011 3,308,535
2012 3,316,328
2013 3,324,460
2014 3,332,972
2015 3,341,893

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

Gross Domestic Product, 2011-2015 (1)

(U.S. $ billions)

Year GDP
2011 $48.4
2012 52.0
2013 56.3
2014 69.8
2015 71.4

(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.

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Life And Nonlife Insurance Premiums, 2015

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $837
Life premiums 428
Total premiums $1,265
Percent of total world premiums 0.03%

(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 UYU Mn USD Mn
Banco de Seguros del Estado  14,829.3 542.7
RSA Seguros SA  2,180.1 79.8
Porto Seguro  1,750.9 64.1
MAPFRE Uruguay Seguros SA  1,738.3 63.6
Sancor Seguros SA  1,000.7 36.6
HDI Seguros SA  405.2 14.8
Surco  340.3 12.5
FAR Compania de Seguros SA  208.5 7.6
Berkley International Seguros SA  170.7 6.3
San Cristobal  64.5 2.4

Source: Axco Insurance Information Services.

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Leading Life Insurance Companies, 2015

 

  Gross written premiums
Company UYU Mn USD Mn
Banco de Seguros del Estado  7,895.6 288.9
MetLife Seguros de Vida SA  1,656.9 60.6
MAPFRE Uruguay Seguros SA  1,304.4 47.7
Surco  261.3 9.6
Zurich Santander SA 221.7 8.1
Porto Seguro  178.1 6.5
Sancor Seguros SA  97.9 3.6
Royal & Sun Alliance Seguros SA  48.5 1.8
HDI Seguros SA  7.5 0.3

Source: Axco Insurance Information Services.

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