The Chile Financial Market Commission (CMF) released its Financial Report of the Insurance Market as of the third quarter of 2025, reporting that insurers generated USD 12,158 million in sales between January and September 2025, up 7.9% in real terms from the same period in 2024. Life insurance sales rose 14.2% in real terms to USD 8,328 million, while general insurance sales fell 3.7% to USD 3,829 million. Within life insurance, pension insurance represented 67.4% of sales; life annuities accounted for 48.5% of direct premiums, followed by Disability and Survivors Insurance (13.8%), banking and retail insurance (11.7%) and individual policies (10.7%). In general insurance, the largest premium shares came from earthquake and tsunami (25.4%), motor vehicles (23.5%), fire (14.0%), collaterals and loans (4.7%), unemployment (4.4%), civil responsibility excluding motor vehicles (3.1%) and Compulsory Personal Accidents Insurance (2.1%). Profits totalled USD 933.6 million as of September 2025, up 8.4% in real terms year on year; life insurers earned USD 676.7 million (up 4.0%) on improved investment results despite higher claim and rent costs, while general insurers recorded USD 256.9 million in profits in the first half of 2025 (up 22.2%) due to lower claim costs and higher contribution margins. Investment portfolios remained concentrated in domestic fixed income instruments, representing 53.7% of life insurers’ holdings and 74.7% of general insurers’ holdings.

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