Chile Insurance Report - Q2 2025

Abstract

Economic expansion in Chile will favour continued growth of its insurance sector across both life and non-life lines. Demographic trends will bolster expansion in life lines in particular, although a range supply and demand-side factors will combine to benefit the sector's expansion. Both segments are characterised by high levels of competition, with regional and international firms serving the sector. Entering the market remains feasible through mergers and acquisitions, with several prominent names having joined the country's insurance sector by these means in recent years.