Insurance penetration rate in the Americas
| Country | Penetration rate | Evolution 2020-2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | ||||||||
| Life | Non life | Total | Life | Non life | Total | Life | Non life | Total | |
| Cayman Islands | 1.60% | 19.40% | 21.00% | 1.30% | 13.10% | 14.50% | 23.10% | 48.10% | 44.80% |
| United States | 2.60% | 9.10% | 11.70% | 3.00% | 9.00% | 12.00% | -13.30% | 1.10% | -2.50% |
| Canada | 3.30% | 4.80% | 8.10% | 3.50% | 5.20% | 8.70% | -5.70% | -7.70% | -6.90% |
| Bahamian | 1.80% | 6.10% | 7.90% | - | - | - | - | - | - |
| Trinidad and Tobago | 3.10% | 3.40% | 6.50% | 2.50% | 2.80% | 5.30% | 24.00% | 21.40% | 22.60% |
| Jamaica | 2.40% | 3.50% | 5.90% | 2.30% | 3.40% | 5.80% | 4.30% | 2.90% | 1.70% |
| Brazil | 2.10% | 1.70% | 3.90% | 2.30% | 1.80% | 4.10% | -8.70% | -5.60% | -4.90% |
| Chile | 1.50% | 1.90% | 3.40% | 2.10% | 2.00% | 4.00% | -28.60% | -5.00% | -15.00% |
| Colombia | 0.90% | 2.00% | 3.00% | 0.90% | 2.10% | 3.10% | 0.00% | -4.80% | -3.20% |
| Salvador | 1.00% | 1.90% | 2.90% | - | - | - | - | - | - |
| Uruguay | 1.30% | 1.50% | 2.80% | 1.30% | 1.50% | 2.80% | 0.00% | 0.00% | 0.00% |
| Panama | 0.60% | 1.90% | 2.50% | 0.60% | 1.80% | 2.40% | 0.00% | 5.60% | 4.20% |
| Mexico | 1.20% | 1.30% | 2.50% | 1.20% | 1.40% | 2.60% | 0.00% | -7.10% | -3.80% |
| Argentina | 0.30% | 1.90% | 2.20% | 0.30% | 1.90% | 2.20% | 0.00% | 0.00% | 0.00% |
| Costa Rica | 0.20% | 1.90% | 2.10% | 0.20% | 1.90% | 2.10% | 0.00% | 0.00% | 0.00% |
| Peru | 1.10% | 1.00% | 2.00% | 1.00% | 1.10% | 2.00% | 10.00% | -9.10% | 0.00% |
| Ecuador | 0.50% | 1.40% | 1.90% | 0.50% | 1.70% | 2.20% | 0.00% | -17.60% | -13.60% |
| Guatemala | 0.40% | 1.40% | 1.70% | 0.30% | 1.00% | 1.30% | 33.30% | 40.00% | 30.80% |
| Dominican Republic | 0.20% | 1.40% | 1.60% | 0.30% | 1.30% | 1.50% | -33.30% | 7.70% | 6.70% |
| Cuba | - | - | - | 0.10% | 0.60% | 0.70% | |||
| North American average | 2.70% | 8.70% | 11.40% | 3.10% | 8.80% | 11.80% | -12.90% | -1.10% | -3.40% |
| Average Latin America and Caribbean | 1.30% | 1.70% | 3% | 1.40% | 1.70% | 3.10% | -7.10% | 0.00% | -3.20% |
| Average Americas | 2.40% | 7.60% | 10% | 2.80% | 7.60% | 10.40% | -14.30% | 0.00% | -3.80% |
Read also | Insurance density in the Americas
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