Uruguay · Southern Cone · class C

Composite insurance companies in Uruguay

2 licensed composite insurers, 13% of the 15 insurance entities supervised by the Banco Central del Uruguay (SSF). Licensed to write both life and non-life business under one entity.

CompanyClassParent / groupOwnershipRegulatorVerification
Banco de Seguros del Estado (BSE)
State insurer; ~60% market share
CCompositeUruguayan StateState-owned / parastatalBCUUnverified
Mapfre UruguayCCompositeMapfreIAIGForeign multinationalBCUUnverified

About composite insurers in Uruguay

How many composite insurers are licensed in Uruguay?

2 of the 15 licensed insurance entities in Uruguay are classified as composite (13%), according to the BCU register as reflected in this directory (not verified).

Who regulates composite insurers in Uruguay?

Banco Central del Uruguay (SSF) (BCU), under ~16 insurers; BSE state insurer dominant. Official website: https://bcu.gub.uy.

Are the composite insurers in Uruguay locally or foreign owned?

1 of 2 belong to regional or foreign multinational groups (including Mapfre), 1 are state-owned, and the rest are domestic private companies.

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