As of June 2026, the insurance market in Honduras, including Life and Non-Life insurance, generated premiums of USD 437 million. The market recorded nominal year-on-year growth of 9.9%, compared with USD 398 million reported in June 2025.
Competition in the Honduran insurance industry includes 12 insurers, considering Life and Non-Life entities separately. The market is led by FICOHSA SEGUROS, which accounted for a 25.9% market share as of June 2026.
MAPFRE SEGUROS ranked second with a 16.7% share of the market, followed by SEGUROS ATLANTIDA with 13.1%. Together, the three leading insurers represented a combined market share of 55.6%.
The remaining companies in the Top 10 ranking were PALIC, SEGUROS DAVIVIENDA, SEGUROS DEL PAIS, CREFISA, ASSA CIA. DE SEGUROS, SEGUROS CONTINENTAL and SEGUROS EQUIDAD, S.A., reflecting the competitive structure of Honduras's insurance market.