MOTOR INSURANCE IN LATIN AMERICA – QUARTERLY AND ANNUAL MARKET EVOLUTION, SALES AND FORECAST
MOTOR INSURANCE IN LATIN AMERICA – QUARTERLY AND ANNUAL MARKET EVOLUTION, SALES AND FORECAST
DECEMBER 2025 RESEARCH REPORT
2015-2025 + 2026 FORECAST BY COUNTRY
REPORT OVERVIEW
This report provides a comprehensive view of the evolution of the motor insurance market in Latin America, combining quarterly and annual analysis with forward-looking estimates for 2026.
It covers 18 countries and allows users to track how the market has developed over time, both at country level and across the region, with all figures presented in local currency and USD.
ANALYSIS BY COUNTRY
This report includes individual country analysis for Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Ecuador, El Salvador, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay, and Venezuela. The report also includes statistics about Latin American region market as a whole.
MARKET SIZE AND GROWTH MONITOR
This section presents the current size of the motor insurance market by country, measured through direct written premiums in USD. It also includes year-on-year growth rates in both local currency and USD, enabling consistent comparisons across markets.
The section also incorporates structural indicators such as the number of insurers by country, providing context on market scale and fragmentation.
QUARTERLY MARKET MONITOR (2022 Q4 – 2025 Q4)
This section tracks the short-term evolution of the market through quarterly data, offering a detailed view of recent trends and turning points.
It includes direct written premiums by quarter in local currency and USD, along with year-on-year growth rates.
Quarterly sales data is also provided, allowing users to analyze seasonality and momentum across markets.
ANNUAL MARKET MONITOR (2015 – DECEMBER 2025)
This section provides a long-term perspective on market development, covering more than a decade of annual data.
It includes direct written premiums and year-on-year growth rates in both local currency and USD, enabling trend analysis across different economic cycles.
Additional indicators such as motor insurance density (premiums per capita in USD) and insurance penetration (premiums as a percentage of GDP) provide further insight into market maturity and development.
2026 FORECAST
The report includes forward-looking estimates for 2026, both at country level and for the Latin American region as a whole.
These projections help identify expected growth trends and support strategic planning, budgeting, and market entry analysis.
SOURCES AND DEFINITIONS
This section explains the data sources, methodology, and key definitions used throughout the report to ensure transparency and consistency.
TERMS OF USE
This section outlines the conditions of use, licensing, and distribution of the report.
FORMAT AND DELIVERY
The report is delivered in Excel format, allowing full flexibility for analysis, filtering, and integration into internal models.
Download is instant upon purchase, providing immediate access to the complete dataset.
DOWNLOAD OPTIONS
A free sample version is available, showing the structure, tables, and format of the report without data.
The premium version includes the full dataset with all figures and statistics, available for immediate download after purchase.
USE OF THE REPORT
This report is designed for insurers, brokers, consultants, and investors who need to monitor market evolution, understand growth dynamics, and anticipate future trends in the motor insurance sector across Latin America.