Chile Insurance Report - October 2025

Abstract

Chile’s insurance sector is set for steady expansion over the medium term, underpinned by an improving economic environment and easing inflationary pressures. Both life and non-life segments are expected to grow, with non-life insurance continuing to comprise the majority of premiums. Nevertheless, political polarisation and social unrest present downside risks that could temper economic progress. Recent incidents of civil disturbance highlight the ongoing importance of robust risk management for insurers operating in Chile.