Key Market Indicators
Uruguay's Gross Written Premium is projected to hit approximately $1.55 billion by 2028, up from around $1.51 billion in 2023. This marks a modest annual growth rate of 0.3%. However, since 2017, Uruguay has seen its supply decline at an average annual rate of 0.7%. In 2023, the country ranked 21st in the global ranking of Gross Written Premium, with Slovakia surpassing it at the same $1.51 billion mark. The United Kingdom, Germany, and the Netherlands secured the 2nd, 3rd, and 4th positions, respectively, in this ranking.
