Key Market Indicators
Peru's Gross Written Premium is projected to surge to $5.2 billion by 2028, up from $4.6 billion in 2023. This marks an average annual growth rate of 2%. Since 2016, the Peruvian insurance market has expanded at an average rate of 3% per year. In the 2023 rankings, Peru held the 19th position, while Greece edged ahead with $4.6 billion in gross written premiums. Leading the global rankings were the United Kingdom, Germany, and the Netherlands, occupying the second, third, and fourth spots, respectively.
