Between January and September revenue from sales of these policies increased by 74% compared to the same period in 2013, with the sale of group insurance policies to companies being the factor driving the growth.
According to data from the Superintendent of Insurance, in January-September, the sector as a whole has accumulated $116 million in premiums for such policies.
As of July claims for payments totaled $284 million, with personal insurance policies having increased the most.
In the case of personal accident insurance, registered insurance companies reported an increase of 13% between July 2013 and March this year. "...Within this category, those that grew the most were those of health and accident insurance, going from $26 million to $28 million. "
Since the opening of the insurance market in 2008, this segment has doubled, being worth $60 million at the end of 2012.
According to figures from the Superintendency of Insurance (SUG), between January and August this year, insurers paid out a total of $34 million in claims for health and accident insurance.
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