Key Market Indicators
Chilean Gross Written Premium is projected to climb to approximately $18.8 billion by 2028, up from around $15.2 billion in 2023. This marks an average annual growth rate of 3.4%. Since 2011, the Chilean insurance market has seen an average yearly increase of 1.6% in gross written premiums. In the global ranking for 2023, Chile secured the 15th position, with Austria narrowly surpassing it at $15.2 billion. Leading the rankings were the United Kingdom, Germany, and the Netherlands, occupying the 2nd, 3rd, and 4th positions, respectively.
