Evolution of Intermediated Premium Volume by Line of Business
At the close of December 2025, the total volume of insurance premiums intermediated by brokers in Bolivia reached USD 506.3 million, representing an annual variation of 1.8%. Within this total, life insurance concentrated USD 309.6 million, with a year-on-year variation of -1.3%. General insurance accounted for USD 188.7 million and recorded an annual variation of 7.0%, while surety bonds reached USD 8.0 million, posting a variation of 10.4%. The distribution of intermediated premiums shows the relative weight of life insurance within brokered channels, alongside an expansion in general insurance and surety bond business.
Intermediated Volume by Coverage: Leading Lines
Considering the average portfolio of all brokers analyzed, the five coverage types with the highest intermediated volumes in USD explain a significant share of total activity. Mortgage credit life insurance led the ranking with USD 244.4 million and an annual variation of 2.6%, positioning it as the main coverage distributed through brokers. Motor insurance followed with USD 58.9 million and a variation of 7.2%. Miscellaneous risks reached USD 33.5 million, with a year-on-year variation of -2.1%, while fire insurance totaled USD 27.5 million and registered a variation of 30.3%. Completing the top five, short-term individual life insurance amounted to USD 27.9 million, with an annual variation of -17.0%. Together, these coverage types define the core segments of broker-intermediated premiums in Bolivia.
Brokers with the Highest Growth in Market Share
Changes in the distribution of intermediated premiums among brokers were reflected in variations in market share. INTERSEGUROS recorded an increase of 2.93 percentage points, followed by CONSULTORES DE SEGUROS with a gain of 1.44 percentage points. SUDAMERICANA CORREDORES increased its market share by 0.50 percentage points, while KIEFFER Y ASOCIADOS recorded a variation of 0.42 percentage points. Additional increases were observed for CORRESUR, CORREDORA G&G, PROPRESE, CUBRE, JUSTA, and I.B.A., each posting gains below 0.30 percentage points. These figures indicate shifts in relative positioning within the brokerage segment during the period.
Insurers with the Highest Market Share Gains through Brokers
On the insurers’ side, changes in market share within broker-intermediated business were also recorded. CREDINFORM posted a market share increase of 0.78%, followed by FORTALEZA with 0.77%. BISA and NACIONAL SEGUROS each registered an increase of 0.62%, while MERCANTIL SANTA CRUZ recorded a variation of 0.24%. These figures illustrate adjustments in the distribution of brokered premiums among insurers during the period.
Leading Brokers by Market Share at the End of the Last Quarter
At the close of the most recent quarter, market concentration among leading brokers differed between life and non-life segments. In life insurance, CONSULTORES DE SEGUROS, UNIVERSAL BROKERS, SUDAMERICANA CORREDORES, CORREDORES CONSESO, and KIEFFER Y ASOCIADOS jointly managed 81% of the intermediated premium volume. In non-life insurance, the leading brokers were SUDAMERICANA CORREDORES, KIEFFER Y ASOCIADOS, CORREDORES CONSESO, ASESCOR, and CONSULTORES DE SEGUROS, which together accounted for 57% of the quarterly intermediated premium volume. The difference in concentration levels highlights distinct competitive structures between life and non-life brokerage activity in Bolivia.