Monday, March 4, 2024

La Nacion / Insurance companies

  • By E. Ferreira Da Costa Perán
  • Lic. Administration FIRST
  • TFO Academy

Today we present the list of Insurance Companies authorized by the Insurance Superintendency to operate in our country with their premiums and market participation. These premiums correspond to those accumulated in the 3 months of management in the 2023/2024 season, from July to September of this year. To have an idea, at the end of the 2022/2023 season, the annual premiums are 3,475,772 million guarantees, where in the previous season 2021/2022 it was 3,093966 million guarantees, which corresponds to the increase in the collection at a premium between 12%.

On the other hand, in September of the 2023/2024 period (as shown in the table), the total accumulated premiums are equal to 917,522 million guaranteed. Compared to September of the previous period 2022/2023, which was 848,140 million guarantees, with an increase of 8% compared to last year, it is observed that the insurance sector increases in our country.

Among the companies with the highest amount of premiums collected are Mapfre with 13.97%, Aseguradora del Este with 11.39%, La Consolidada 6.86%. 50% of the total premiums collected in the market are among the top 6 companies with the highest participation in the premium market. The other 50% is with the remaining 29 insurance companies.

This article is for informational and educational purposes, it is not an invitation to invest or show preferences in choosing companies that provide insurance policies, but our commitment to permanently improve financial education. For more information about courses and Private Financial Clinics contact us at https://www.trustfamilyoffice.com/academia.php

Happy Sunday!

World Nation News Desk
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