Insurers.globalSouth America

6 classes

What insurers are licensed to write

Each of the 811 entities carries one licence class as recorded by its supervisor, or inferred from its name where the register does not state one (the EIOPA register for EU/EEA undertakings). Composite licences, which allow both life and non-life business, survive mainly in markets that have not yet mandated separation.

Code G

General (Non-life)

388 entities in 10 of 11 countries

Short-term property, casualty, motor, marine and other non-life covers.

Code L

Life

168 entities in 9 of 11 countries

Long-term life assurance, annuities, pensions and savings products.

Code R

Reinsurer

146 entities in 3 of 11 countries

Carriers that accept risk ceded by primary insurers.

Code X

Specialty / Credit / Captive

53 entities in 6 of 11 countries

Credit, trade, legal-expenses, captive, agricultural, statutory-scheme or other specialist carriers.

Code C

Composite

49 entities in 6 of 11 countries

Licensed to write both life and non-life business under one entity.

Code H

Health / Medical

7 entities in 5 of 11 countries

Medical, health and hospital cash insurers licensed separately from life.