Life Insurance Market in Latin America Trends and Forecasts, 2016-2020

Report : Life Insurance Market in Latin America 2016-2020 is a new market research publication announced by Reportstack.

Report Outline: Life insurance is a major tool in basic estate planning. The compensation received as part of life insurance claim is tax free and often exceeds the premiums paid. In the current market scenario, there are many top life insurance vendors offering a huge number of product portfolios. With this scenario in place, the demand for life insurance policies is calculated on the basis of the rate at which transparent products are being provided by vendors to customers.

Unit-linked insurance plan (ULIP) products, which offer both insurance and investment under a single plan, have started including basic life insurance products. This has boosted transparency in life insurance products as these policies are geared with guarantees such as death benefits. This increase in demand for less complex products among customers has led to the entry of new non-traditional players (or local players), intensifying competition in the life insurance industry.

For detailed report with TOC, please click here ​Life Insurance Market in Latin America 2016-2020.

Market Growth: The life insurance market in Latin America is expected to grow at a CAGR of 5.87% during the period 2016-2020.

Key vendors 
• Bradesco
• Itaú Unibanco Holding
• Mapfre
• Zurich Insurance

Other prominent vendors 
• Allianz
• American International Group (AIG)
• Aviva
• Brasilprev
• Grupo Nacional Provincial
• Liberty Mutual
• MetLife
• Porto Seguro

Companies Mentioned

AXA, Bradesco Seguros, Itaú Unibanco Holding, Mapfre, Zurich Insurance, Allianz, American International Group (AIG), Aviva, Brasilprev, CNP, Grupo Nacional Provincial, Liberty Mutual, MetLife, Porto Seguro.


Debora White

Manager - Marketing

Ph: +1-888-789-6604

Reportstack Market Research