Life Insurance Market in Costa Rica 201908 Overview
Costa Rica insurance industry net premiums written totaled USD 1083 million, with premiums recorded by life/annuity insurers accounting for 60.8 percent, and premiums by property/casualty (P/C) insurers accounting for 40.2 percent.
P/C insurance consists primarily of auto, home and commercial insurance. Net premiums written for the sector totaled USD 437.6 million.
The life/annuity insurance sector consists of annuities, accident and health, and life insurance. Net premiums written for the sector totaled USD 645,4 million.
There are 14 insurance companies, 2469 agents and 899 brokers in 2019 in Costa Rica.
Insurance carriers and related activities contributed 2.3 percent, to the nation’s gross domestic product (GDP) in 2018 according to the Insurance in Latin America 2019 Report.
Gross written premium volume, market share
Gross written premium volume, performance by insurance company
TOP 10 Life Insurers performance summary
Annual performance, Premium Volume, USD millions
Annual performance, Market Share, %