Uruguay · Southern Cone · class C

Composite insurance companies in Uruguay

2 licensed composite insurers, 13% of the 16 insurance entities supervised by the Banco Central del Uruguay (SSF). Licensed to write both life and non-life business under one entity.

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CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Banco de Seguros del Estado (BSE)State-owned
State insurer; ~60% market share; Registered as BANCO DE SEGUROS DEL ESTADO
CCompositeUruguayan StateState-owned / parastatalBCUVerified59 Confidence: Low
Mapfre UruguayBME
Registered as Mapfre Uruguay Seguros S.A.
CCompositeMapfreIAIGForeign multinationalBCUVerified—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About composite insurers in Uruguay

How many composite insurers are licensed in Uruguay?

2 of the 16 licensed insurance entities this directory lists in Uruguay are classified as composite (13%). Verified against the regulator register.

Who regulates composite insurers in Uruguay?

Banco Central del Uruguay (SSF) (BCU). Regime: Ley 16.426 de 1993 (market liberalisation); Ley 19.678 de 2018 (insurance contract); BCU organic law 16.696. Official website: https://bcu.gub.uy.

Who owns the composite insurers in Uruguay?

Of the 2 licensed composite insurers in Uruguay, 1 is a subsidiary of a foreign multinational group (Mapfre) and 1 is state-owned or parastatal (Uruguayan State), as recorded in the register.

Data: /api/v1/countries/uruguay.json (filter by class = "composite"). Licence CC BY 4.0, attribute KAFS North America.