Brasilprev, Bradesco and Mapfre lead top 25 insurers

The “2022 Ranking of insurance groups in Latin America”, released by  Mapfre in September, concluded that that the total premium income for the top 25 insurance groups in the region was up 15.5% on the previous year’s figure of $93.4 billion.

The top 25 companies delivered the majority of premium income of the Latin American insurance market in 2022, of $173.7 billion. Brazil itself experienced 21.8% improvement in premium income in 2022, with growth in Mexico at 5.5%, Puerto Rico at 8.2% and Chile at 14%.