Life Insurance in Chile, Key Trends and Opportunities to 2019

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Date: 21-Nov-2015
No. of pages: 194
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Synopsis

Timetric's 'Life Insurance in Chile, Key Trends and Opportunities to 2019' report provides detailed analysis of the market trends, drivers, challenges in the Chilean life insurance segment.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2010-2014) and forecast period (2014-2019).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Chilean economy and demographics and provides detailed information on the competitive landscape in the country.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in regulatory structure.

Summary

Timetric's 'Life Insurance in Chile, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Chilean life insurance segment, including:

• The Chilean life insurance segment's growth prospects by life insurance category

• Key trends, drivers and challenges for the life insurance segment

• A comprehensive overview of the Chilean economy and demographics

• The various distribution channels in the Chilean life insurance segment

• Details of the competitive landscape in the life insurance segment in Chile

• Details of regulatory policy applicable to the Chilean insurance industry

Scope

This report provides a comprehensive analysis of the life insurance segment in Chile:

• It provides historical values for the Chilean life insurance segment for the report's 2010-2014 review period, and projected figures for the 2014-2019 forecast period.

• It offers a detailed analysis of the key categories in the Chilean life insurance segment, along with market forecasts until 2019.

• It analyses the various distribution channels for life insurance products in Chile.

• It profiles the top life insurance companies in Chile and outlines the key regulations affecting them.

Reasons To Buy

• Make strategic business decisions using in-depth historic and forecast market data related to the Chilean life insurance segment and each category within it.

• Understand the demand-side dynamics, key market trends and growth opportunities in the Chilean life insurance segment.

• Assess the competitive dynamics in the life insurance segment.

• Identify growth opportunities and market dynamics in key product categories.

• Gain insights into key regulations governing the Chilean insurance industry and their impact on companies and the industry's future.

Key Highlights

• The Chilean life insurance segment recorded a review-period CAGR of 5.0% in terms of gross written premium.

• The Chilean life insurance segment accounted for 57.6% of the industry's gross written premium in 2014.

• General annuity was the fastest-growing category in the life segment and recorded a review-period CAGR of 7.6%.

• Chilean life insurance penetration measured as a percentage of GDP (2.3%) was lower than France (5.6%) and Germany (3.3%).

• The life segment was moderately consolidated with the 10 leading companies accounting for 75.6% of the segment's total direct written premium in 2014.

Life Insurance in Chile, Key Trends and Opportunities to 2019

Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Introduction
3.1 What is this Report About?
3.2 Definitions
3.3 Methodology
4 Economy and Demographics
5 Life Insurance Outlook
5.1 Key Drivers
5.2 Key Trends
5.3 Challenges
5.4 Life Insurance Growth Prospects by Category
5.5 Individual Life Insurance
5.5.1 Individual whole life insurance
5.5.2 Individual general annuity insurance
5.5.3 Individual pension insurance
5.5.4 Individual endowment insurance
5.5.5 Individual term life insurance
5.5.6 Other individual life insurance
5.6 Group Life Insurance
5.6.1 Group whole life insurance
5.6.2 Other group life insurance
5.7 Life Insurance Growth Prospects by Product Type
5.7.1 Total linked insurance business
5.7.2 Total non-linked insurance business
6 Analysis by Distribution Channel
6.1 Bancassurance
6.2 Brokers
7 Competitive Landscape and Strategic Insights
7.1 Overview
7.2 Leading Companies in the Chilean Life Insurance Segment
7.2.1 MetLife Chile Seguros de Vida SA - company overview
7.2.2 Consorcio Nacional de Seguros SA - company overview
7.2.3 Bice Vida Compañía de Seguros SA - company overview
7.2.4 Chilena Consolidada Seguros de Vida SA - company overview
7.2.5 Seguros de Vida Sura SA - company overview
7.2.6 Penta Vida Compañía de Seguros de Vida SA - company overview
7.2.7 Compañía de Seguros CorpVida SA - company overview
7.2.8 Seguros Vida Security Previsión SA - company overview
7.2.9 Principal Compañía de Seguros de Vida Chile SA - company overview
7.2.10 EuroAmerica Seguros de Vida SA - company overview
8 Governance, Risk and Compliance
8.1 Legislation Overview and Historical Evolution
8.2 Latest Changes in Regulations
8.3 Legislation and Market Practice by Type of Insurance
8.3.1 Life insurance
8.3.2 Property insurance
8.3.3 Motor insurance
8.3.4 Liability insurance
8.3.5 Marine, aviation and transit insurance
8.3.6 Personal accident and health insurance
8.4 Compulsory Insurance
8.4.1 Insurance for motor vehicles accidents
8.4.2 Pension insurance
8.4.3 Health insurance
8.4.4 Workmen's compensation insurance
8.5 Supervision and Control
8.5.1 International Association of Insurance Supervisors
8.5.2 Association of Insurance Supervisors Latin America
8.5.3 Superintendent of Security Markets and Insurance Companies
8.5.4 Insurance Association of Chile (AACH)
8.6 Non-Admitted Insurance Regulations
8.6.1 Overview
8.6.2 Intermediaries
8.6.3 Market practices
8.6.4 Fines and penalties
8.7 Company Registration and Operations
8.7.1 Types of insurance organization
8.7.2 Establishing a local company
8.7.3 Foreign ownership
8.7.4 Types of license
8.7.5 Capital requirements
8.7.6 Solvency margins
8.7.7 Reserve requirements
8.7.8 Investment regulations
8.7.9 Statutory return requirements
8.7.10 Fees structure
8.8 Taxation
8.8.1 Insurance premium or policy taxation
8.8.2 Insurance premium or policy taxation
8.8.3 Corporate tax
8.8.4 VAT
8.8.5 Captives
8.9 Legal System
8.9.1 Introduction
8.9.2 Access to court
8.9.3 Alternative dispute resolution (ADR)
9 Appendix
9.1 Contact Timetric
9.2 About Timetric
9.3 Timetric's Services
9.4 Disclaimer

List of Tables
Table 1: Chilean Life Insurance - Key Facts, 2014
Table 2: Insurance Industry Definitions
Table 3: Chilean Government Credit Ratings
Table 4: Chilean Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2014
Table 5: Chilean Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 6: Chilean Life Insurance - Gross Written Premium by Category (CLP Billion), 2014-2019
Table 7: Chilean Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 8: Chilean Life Insurance - New Business Direct Written Premium (CLP Billion), 2010-2014
Table 9: Chilean Life Insurance - New Business Direct Written Premium (CLP Billion), 2014-2019
Table 10: Chilean Life Insurance - Net Earned Premium (CLP Trillion), 2010-2014
Table 11: Chilean Life Insurance - Net Earned Premium (CLP Trillion), 2014-2019
Table 12: Chilean Life Insurance - Paid Claims (CLP Trillion), 2010-2014
Table 13: Chilean Life Insurance - Paid Claims (CLP Trillion), 2014-2019
Table 14: Chilean Life Insurance - Incurred Loss (CLP Trillion), 2010-2014
Table 15: Chilean Life Insurance - Incurred Loss (CLP Trillion), 2014-2019
Table 16: Chilean Life Insurance - Number of Policies per Capita, 2010-2014
Table 17: Chilean Life Insurance - Number of Policies per Capita, 2014-2019
Table 18: Chilean Life Insurance - Commissions and Expenses (CLP Billion), 2010-2014
Table 19: Chilean Life Insurance - Commissions and Expenses (CLP Billion), 2014-2019
Table 20: Chilean Life Insurance - Net Written Premium (% of GWP), 2010-2014
Table 21: Chilean Life Insurance - Net Written Premium (% of GWP), 2014-2019
Table 22: Chilean Life Insurance - Renewal Business Direct Written Premium (CLP Trillion), 2010-2014
Table 23: Chilean Life Insurance - Renewal Business Direct Written Premium (CLP Trillion), 2014-2019
Table 24: Chilean Life Insurance - Total Assets (CLP Trillion), 2010-2014
Table 25: Chilean Life Insurance - Total Assets (CLP Trillion), 2014-2019
Table 26: Chilean Life Insurance - Total Investment Income (CLP Billion), 2010-2014
Table 27: Chilean Life Insurance - Total Investment Income (CLP Trillion), 2014-2019
Table 28: Chilean Life Insurance - Net Written Premium (CLP Trillion), 2010-2014
Table 29: Chilean Life Insurance - Net Written Premium (CLP Trillion), 2014-2019
Table 30: Chilean Individual Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2014
Table 31: Chilean Individual Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 32: Chilean Individual Life Insurance - Gross Written Premium by Category (CLP Billion), 2014-2019
Table 33: Chilean Individual Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 34: Chilean Individual Life Insurance - Direct Written Premium by Category (CLP Billion), 2010-2014
Table 35: Chilean Individual Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 36: Chilean Individual Life Insurance - Direct Written Premium by Category (CLP Billion), 2014-2019
Table 37: Chilean Individual Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 38: Chilean Individual Life Insurance - Policies by Category (Thousand), 2010-2014
Table 39: Chilean Individual Life Insurance - Policies by Category (Thousand), 2014-2019
Table 40: Chilean Individual Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 41: Chilean Individual Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 42: Chilean Individual Whole Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 43: Chilean Individual Whole Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 44: Chilean Individual General Annuity Insurance - Number of Active Policies (Thousand), 2010-2014
Table 45: Chilean Individual General Annuity Insurance - Number of Active Policies (Thousand), 2014-2019
Table 46: Chilean Individual General Annuity Insurance - Direct Written Premium (CLP Trillion), 2010-2014
Table 47: Chilean Individual General Annuity Insurance - Direct Written Premium (CLP Trillion), 2014-2019
Table 48: Chilean Individual Pension Insurance - Number of Active Policies (Thousand), 2010-2014
Table 49: Chilean Individual Pension Insurance - Number of Active Policies (Thousand), 2014-2019
Table 50: Chilean Individual Pension Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 51: Chilean Individual Pension Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 52: Chilean Individual Endowment Insurance - Number of Active Policies (Thousand), 2010-2014
Table 53: Chilean Individual Endowment Insurance - Number of Active Policies (Thousand), 2014-2019
Table 54: Chilean Individual Endowment Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 55: Chilean Individual Endowment Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 56: Chilean Individual Term Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 57: Chilean Individual Term Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 58: Chilean Individual Term Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 59: Chilean Individual Term Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 60: Chilean Other Individual Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 61: Chilean Other Individual Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 62: Chilean Other Individual Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 63: Chilean Other Individual Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 64: Chilean Group Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2014
Table 65: Chilean Group Life Insurance - Gross Written Premium by Category (US$ Million), 2010-2014
Table 66: Chilean Group Life Insurance - Gross Written Premium by Category (CLP Billion), 2014-2019
Table 67: Chilean Group Life Insurance - Gross Written Premium by Category (US$ Million), 2014-2019
Table 68: Chilean Group Life Insurance - Direct Written Premium by Category (CLP Billion), 2010-2014
Table 69: Chilean Group Life Insurance - Direct Written Premium by Category (US$ Million), 2010-2014
Table 70: Chilean Group Life Insurance - Direct Written Premium by Category (CLP Billion), 2014-2019
Table 71: Chilean Group Life Insurance - Direct Written Premium by Category (US$ Million), 2014-2019
Table 72: Chilean Group Life Insurance - Policies by Category (Thousand), 2010-2014
Table 73: Chilean Group Life Insurance - Policies by Category (Thousand), 2014-2019
Table 74: Chilean Group Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 75: Chilean Group Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 76: Chilean Group Whole Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 77: Chilean Group Whole Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 78: Chilean Other Group Life Insurance - Number of Active Policies (Thousand), 2010-2014
Table 79: Chilean Other Group Life Insurance - Number of Active Policies (Thousand), 2014-2019
Table 80: Chilean Other Group Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Table 81: Chilean Other Group Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Table 82: Chilean Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Table 83: Chilean Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Table 84: Chilean Linked Insurance Business - Gross Written Premium (CLP Billion), 2010-2014
Table 85: Chilean Linked Insurance Business - Gross Written Premium (CLP Billion), 2014-2019
Table 86: Chilean Linked Insurance Business - Direct Written Premium (CLP Billion), 2010-2014
Table 87: Chilean Linked Insurance Business - Direct Written Premium (CLP Billion), 2014-2019
Table 88: Chilean Non-Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Table 89: Chilean Non-Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Table 90: Chilean Non-Linked Insurance Business - Gross Written Premium (CLP Trillion), 2010-2014
Table 91: Chilean Non-Linked Insurance Business - Gross Written Premium (CLP Billion), 2014-2019
Table 92: Chilean Non-Linked Insurance Business - Direct Written Premium (CLP Billion), 2010-2014
Table 93: Chilean Non-Linked Insurance Business - Direct Written Premium (CLP Billion), 2014-2019
Table 94: Chilean Life Insurance - Sales Force, 2010-2014
Table 95: Chilean Life Insurance - Sales Force, 2014-2019
Table 96: Chilean Life Insurance - Bancassurance Value of Commissions (CLP Billion), 2010-2014
Table 97: Chilean Life Insurance - Bancassurance Value of Commissions (CLP Billion), 2014-2019
Table 98: Chilean Life Insurance - Bancassurance New Business Direct Written Premium (CLP Billion), 2010-2014
Table 99: Chilean Life Insurance - Bancassurance New Business Direct Written Premium (CLP Billion), 2014-2019
Table 100: Chilean Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2010-2014
Table 101: Chilean Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2014-2019
Table 102: Chilean Life Insurance - Number of Banking Entities, 2010-2014
Table 103: Chilean Life Insurance - Number of Banking Entities, 2014-2019
Table 104: Chilean Life Insurance - Brokers' Value of Commissions (CLP Billion), 2010-2014
Table 105: Chilean Life Insurance - Brokers' Value of Commissions (CLP Billion), 2014-2019
Table 106: Chilean Life Insurance - Brokers' New Business Direct Written Premium (CLP Billion), 2010-2014
Table 107: Chilean Life Insurance - Brokers' New Business Direct Written Premium (CLP Billion), 2014-2019
Table 108: Chilean Life Insurance - New Policies Sold Through Brokers (Thousand), 2010-2014
Table 109: Chilean Life Insurance - New Policies Sold Through Brokers (Thousand), 2014-2019
Table 110: Chilean Life Insurance - Number of Insurance Brokers, 2010-2014
Table 111: Chilean Life Insurance - Number of Insurance Brokers, 2014-2019
Table 112: Chilean Life Insurance - Market Share (%), 2014
Table 113: MetLife Chile Seguros de Vida SA, Key Facts
Table 114: MetLife Chile Seguros de Vida SA, Key Financials (CLP Million), 2009-2013
Table 115: Consorcio Nacional de Seguros SA, Key Facts
Table 116: Consorcio Nacional de Seguros SA, Key Financials (CLP Million), 2009-2013
Table 117: Bice Vida Compañía de Seguros SA, Key Facts
Table 118: Bice Vida Compañía de Seguros SA, Key Financials (CLP Million), 2009-2013
Table 119: Chilena Consolidada Seguros de Vida SA, Key Facts
Table 120: Chilena Consolidada Seguros de Vida SA, Key Financials (CLP Million), 2009-2013
Table 121: Seguros de Vida Sura SA, Key Facts
Table 122: Seguros de Vida Sura SA, Key Financials (CLP Million), 2009-2013
Table 123: Penta Vida Compañía de Seguros de Vida SA, Key Facts
Table 124: Penta Vida Compañía de Seguros de Vida SA, Key Financials (CLP Million), 2009-2013
Table 125: Compañía de Seguros CorpVida SA, Key Facts
Table 126: Compañía de Seguros CorpVida SA, Key Financials (CLP Million), 2009-2013
Table 127: Seguros Vida Security Previsión SA, Key Facts
Table 128: Seguros Vida Security Previsión SA, Key Financials (CLP Million), 2009-2013
Table 129: Principal Compañía de Seguros de Vida Chile SA, Key Facts
Table 130: Principal Compañía de Seguros de Vida Chile SA, Key Financials (CLP Million), 2009-2013
Table 131: EuroAmerica Seguros de Vida SA, Key Facts
Table 132: EuroAmerica Seguros de Vida SA, Key Financials (CLP Million), 2009-2013
Table 133: Chile - Insurance Regulatory Framework Key Features
Table 134: Chile - Life Insurance Regulatory Framework
Table 135: Chile - Property Insurance Regulatory Framework
Table 136: Chile - Motor Insurance Regulatory Framework
Table 137: Chile - Liability Insurance Regulatory Framework
Table 138: Chile - Factors Used for Solvency Margin Calculation
Table 139: Chile - Corporate Tax Rates for the Financial Year 2015

List of Figures
Figure 1: Chilean Real GDP (CLP Trillion), 2010-2019
Figure 2: CLP-US$ Exchange Rate, 2010-2019
Figure 3: Chilean Consumer Price Inflation, 2010-2019
Figure 4: Chilean Current Account Balance as Percentage of GDP (%), 2010-2019
Figure 5: Chilean Unemployment Rate, 2010-2019
Figure 6: Chilean Population by Age Group, 2010-2019
Figure 7: Chilean Population by Age Group, 1990-2025
Figure 8: Chilean Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2019
Figure 9: Chilean Life Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 10: Chilean Life Insurance - Gross Written Premium Dynamics by Category (2010-2019)
Figure 11: Chilean Life Insurance - New Business Direct Written Premium (CLP Billion), 2010-2014
Figure 12: Chilean Life Insurance - New Business Direct Written Premium (CLP Billion), 2014-2019
Figure 13: Chilean Life Insurance - Net Earned Premium (CLP Trillion), 2010-2014
Figure 14: Chilean Life Insurance - Net Earned Premium (CLP Trillion), 2014-2019
Figure 15: Chilean Life Insurance - Paid Claims (CLP Trillion), 2010-2014
Figure 16: Chilean Life Insurance - Paid Claims (CLP Trillion), 2014-2019
Figure 17: Chilean Life Insurance - Incurred Loss (CLP Trillion), 2010-2014
Figure 18: Chilean Life Insurance - Incurred Loss (CLP Trillion), 2014-2019
Figure 19: Chilean Life Insurance - Number of Policies per Capita, 2010-2014
Figure 20: Chilean Life Insurance - Number of Policies per Capita, 2014-2019
Figure 21: Chilean Life Insurance - Commissions and Expenses (CLP Billion), 2010-2014
Figure 22: Chilean Life Insurance - Commissions and Expenses (CLP Billion), 2014-2019
Figure 23: Chilean Life Insurance - Net Written Premium (% of GWP), 2010-2014
Figure 24: Chilean Life Insurance - Net Written Premium (% of GWP), 2014-2019
Figure 25: Chilean Life Insurance - Renewal Business Direct Written Premium (CLP Trillion), 2010-2014
Figure 26: Chilean Life Insurance - Renewal Business Direct Written Premium (CLP Trillion), 2014-2019
Figure 27: Chilean Life Insurance - Total Assets (CLP Trillion), 2010-2014
Figure 28: Chilean Life Insurance - Total Assets (CLP Trillion), 2014-2019
Figure 29: Chilean Life Insurance - Total Investment Income (CLP Billion), 2010-2014
Figure 30: Chilean Life Insurance - Total Investment Income (CLP Trillion), 2014-2019
Figure 31: Chilean Life Insurance - Net Written Premium (CLP Trillion), 2010-2014
Figure 32: Chilean Life Insurance - Net Written Premium (CLP Trillion), 2014-2019
Figure 33: Chilean Life Insurance - Investment Portfolio (CLP Trillion), 2010-2014
Figure 34: Chilean Life Insurance - Investment Portfolio, 2010 and 2014
Figure 35: Chilean Life Insurance - Penetration (Ratio of Direct Premium to GDP), 2010-2014
Figure 36: Chilean Life Insurance - Density (Direct Premium per Capita, CLP), 2010-2014
Figure 37: Chilean Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 38: Chilean Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 39: Chilean Life Insurance - Number of New Policies Sold (Thousand), 2010-2014
Figure 40: Chilean Life Insurance - Number of New Policies Sold (Thousand), 2014-2019
Figure 41: Chilean Life Insurance - Total Investments (CLP Trillion), 2010-2014
Figure 42: Chilean Individual Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2019
Figure 43: Chilean Individual Life Insurance - Gross Written Premium by Category (), 2014 and 2019
Figure 44: Chilean Individual Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 45: Chilean Individual Life Insurance - Direct Written Premium by Category (CLP Billion), 2010-2019
Figure 46: Chilean Individual Life Insurance - Direct Written Premium by Category (Percentage Share), 2014 and 2019
Figure 47: Chilean Individual Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 48: Chilean Individual Life Insurance - Policies by Category (Thousand), 2010-2019
Figure 49: Chilean Individual Life Insurance - Policies by Category (Percentage Share), 2014 and 2019
Figure 50: Chilean Individual Life Insurance - Policies Dynamics by Category, 2010-2019
Figure 51: Chilean Individual Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 52: Chilean Individual Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 53: Chilean Individual Whole Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 54: Chilean Individual Whole Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 55: Chilean Individual General Annuity Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 56: Chilean Individual General Annuity Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 57: Chilean Individual General Annuity Insurance - Direct Written Premium (CLP Trillion), 2010-2014
Figure 58: Chilean Individual General Annuity Insurance - Direct Written Premium (CLP Trillion), 2014-2019
Figure 59: Chilean Individual Pension Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 60: Chilean Individual Pension Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 61: Chilean Individual Pension Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 62: Chilean Individual Pension Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 63: Chilean Individual Endowment Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 64: Chilean Individual Endowment Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 65: Chilean Individual Endowment Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 66: Chilean Individual Endowment Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 67: Chilean Individual Term Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 68: Chilean Individual Term Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 69: Chilean Individual Term Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 70: Chilean Individual Term Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 71: Chilean Other Individual Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 72: Chilean Other Individual Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 73: Chilean Other Individual Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 74: Chilean Other Individual Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 75: Chilean Group Life Insurance - Gross Written Premium by Category (CLP Billion), 2010-2019
Figure 76: Chilean Group Life Insurance - Gross Written Premium by Category (Percentage Share), 2014 and 2019
Figure 77: Chilean Group Life Insurance - Gross Written Premium Dynamics by Category, 2010-2019
Figure 78: Chilean Group Life Insurance - Direct Written Premium by Category (CLP Billion), 2010-2019
Figure 79: Chilean Group Life Insurance - Direct Written Premium by Category (Percentage Share), 2014 and 2019
Figure 80: Chilean Group Life Insurance - Direct Written Premium Dynamics by Category, 2010-2019
Figure 81: Chilean Group Life Insurance - Policies by Category (Thousand), 2010-2019
Figure 82: Chilean Group Life Insurance - Policies by Category (Percentage Share), 2014 and 2019
Figure 83: Chilean Group Life Insurance - Policies Dynamics by Category, 2010-2019
Figure 84: Chilean Group Whole Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 85: Chilean Group Whole Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 86: Chilean Group Whole Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 87: Chilean Group Whole Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 88: Chilean Other Group Life Insurance - Number of Active Policies (Thousand), 2010-2014
Figure 89: Chilean Other Group Life Insurance - Number of Active Policies (Thousand), 2014-2019
Figure 90: Chilean Other Group Life Insurance - Direct Written Premium (CLP Billion), 2010-2014
Figure 91: Chilean Other Group Life Insurance - Direct Written Premium (CLP Billion), 2014-2019
Figure 92: Chilean Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Figure 93: Chilean Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Figure 94: Chilean Linked Insurance Business - Gross Written Premium (CLP Billion), 2010-2014
Figure 95: Chilean Linked Insurance Business - Gross Written Premium (CLP Billion), 2014-2019
Figure 96: Chilean Linked Insurance Business - Direct Written Premium (CLP Billion), 2010-2014
Figure 97: Chilean Linked Insurance Business - Direct Written Premium (CLP Billion), 2014-2019
Figure 98: Chilean Non-Linked Insurance Business - Number of Active Policies (Thousand), 2010-2014
Figure 99: Chilean Non-Linked Insurance Business - Number of Active Policies (Thousand), 2014-2019
Figure 100: Chilean Non-Linked Insurance Business - Gross Written Premium (CLP Trillion), 2010-2014
Figure 101: Chilean Non-Linked Insurance Business - Gross Written Premium (CLP Billion), 2014-2019
Figure 102: Chilean Non-Linked Insurance Business - Direct Written Premium (CLP Billion), 2010-2014
Figure 103: Chilean Non-Linked Insurance Business - Direct Written Premium (CLP Billion), 2014-2019
Figure 104: Chilean Life Insurance - New Business Gross Written Premium by Distribution Channel (Percentage Share), 2014 and 2019
Figure 105: Chilean Life Insurance - Sales Force, 2010-2014
Figure 106: Chilean Life Insurance - Sales Force, 2014-2019
Figure 107: Chilean Life Insurance - Bancassurance Value of Commissions (CLP Billion), 2010-2014
Figure 108: Chilean Life Insurance - Bancassurance Value of Commissions (CLP Billion), 2014-2019
Figure 109: Chilean Life Insurance - Bancassurance New Business Direct Written Premium (CLP Billion), 2010-2014
Figure 110: Chilean Life Insurance - Bancassurance New Business Direct Written Premium (CLP Billion), 2014-2019
Figure 111: Chilean Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2010-2014
Figure 112: Chilean Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2014-2019
Figure 113: Chilean Life Insurance - Number of Banking Entities, 2014-2019
Figure 114: Chilean Life Insurance - Brokers' Value of Commissions (CLP Billion), 2010-2014
Figure 115: Chilean Life Insurance - Brokers' Value of Commissions (CLP Billion), 2014-2019
Figure 116: Chilean Life Insurance - Brokers' New Business Direct Written Premium (CLP Billion), 2010-2014
Figure 117: Chilean Life Insurance - Brokers' New Business Direct Written Premium (CLP Billion), 2014-2019
Figure 118: Chilean Life Insurance - New Policies Sold Through Brokers (Thousand), 2010-2014
Figure 119: Chilean Life Insurance - New Policies Sold Through Brokers (Thousand), 2014-2019
Figure 120: Chilean Life Insurance - Number of Insurance Brokers, 2010-2014
Figure 121: Chilean Life Insurance - Number of Insurance Brokers, 2014-2019
Figure 122: Chilean Life Insurance - Market Share (%), 2014
Figure 123: Chile - Insurance Supervision and Control at Various Levels
Figure 124: Chile - Insurance Regulatory Frameworks for Company Registration and Operation

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  • Global Life Insurance Market Insights, Forecast to 2029
    Published: 14-Aug-2023        Price: US 4900 Onwards        Pages: 127
    Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expense......
  • Global Life Insurance Market Status and Outlook 2023-2028
    Published: 17-Mar-2023        Price: US 3160 Onwards        Pages: 125
    Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (m......
  • Global Life Insurance Market Insights: Impact of COVID-19 and Future Expectations to 2028
    Published: 28-Feb-2023        Price: US 3260 Onwards        Pages: 102
    The Life Insurance market revenue was 2942240.0 Million USD in 2022, and will reach 3928875.0 Million USD in 2028, with a CAGR of 4.94% during 2022-2028. This report elaborates the market size, market characteristics, and market growth of the Life Insurance industry, and breaks down according to the type, application, and consumption area of Life Insurance. The report also introduces players in the industry from the perspective of the industry chain and marketing chain and describ......
  • Global Universal Life Insurance Market Status and Outlook 2023-2028
    Published: 17-Feb-2023        Price: US 3160 Onwards        Pages: 125
    Universal life (UL) insurance is permanent life insurance with an investment savings component. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technological advancements, new product launches, and market capital f......
  • Global Term Life Insurance Market Status and Outlook 2023-2028
    Published: 16-Feb-2023        Price: US 3160 Onwards        Pages: 129
    Term life insurance or term assurance is life insurance that provides coverage at a fixed rate of payments for a limited period of time, the relevant term. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) data for each segment and sub-segment. This way, clients can achieve all their goals while taking advantage of emerging opportunities. Technolog......
  • Global Permanent Life Insurance Market Status and Outlook 2023-2028
    Published: 13-Feb-2023        Price: US 3160 Onwards        Pages: 124
    Permanent life insurance is an umbrella term for life insurance policies that do not expire. Typically, permanent life insurance combines a death benefit with a savings portion. Whole life insurance offers coverage for the full lifetime of the insured, and its savings can grow at a guaranteed rate. Our market research experts provide qualitative and quantitative analysis of the market based on involving economic and non-economic factors in the same report with market value (million USD) d......
  • Global Life Insurance Market Research Report 2023
    Published: 06-Feb-2023        Price: US 2900 Onwards        Pages: 109
    Life insurance is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money (the benefit) in exchange for a premium, upon the death of an insured person (often the policy holder). Depending on the contract, other events such as terminal illness or critical illness can also trigger payment. The policy holder typically pays a premium, either regularly or as one lump sum. Other expenses, such as funeral expense......
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