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The Dominican Republic insurance market reached USD 1.375 billion in premiums by June 2026, compared with USD 1.265 billion in the same period of 2025, representing nominal year-on-year growth of 8.8%. The expansion confirms continued growth in the country’s Life and non-Life insurance business during the first half of 2026.

Measured in Dominican pesos, total premiums reached DOP 80.534 billion in June 2026, up from DOP 75.645 billion a year earlier. This represented nominal annual growth of 6.5%, providing a local-currency view of the market’s development alongside its USD-denominated performance.

Competition in the Dominican Republic insurance sector involved 33 insurers as of June 2026. Within this competitive environment, SEGUROS UNIVERSAL, S. A. ranked first with a 21.7% market share, followed by HUMANO SEGUROS, S. A. with 16.0% and SEGUROS RESERVAS, S. A. with 15.6%. Together, the three leading insurers accounted for 53.4% of total market share, indicating a concentrated competitive structure among the largest operators.

The remainder of the Top 10 ranking was composed of MAPFRE BHD COMPAÑÍA DE SEGUROS, LA COLONIAL, S. A., COMPAÑIA DE SEGUROS, SEGUROS SURA, S.A., SEGUROS CRECER, S. A., WORLDWIDE SEGUROS, S. A., GENERAL DE SEGUROS, S. A., and SEGUROS PEPÍN, S. A. Their presence completes the leading group shaping competitive dynamics in the Dominican Republic insurance market at the close of June 2026.

 Source
LATIN AMERICA INSURANCE MONITOR. INDUSTRY STATISTICS, COMPETITIVE LANDSCAPE AND FORECAST REPORT