Market Share of Colombia Life & Non-Life Insurance Industry
The life and non-life insurance market in Colombia is moderatly consolidated in nature. Colombia's insurance industry is facing stiff competition as the insurance companies not only compete with each other, but also compete with the risk retention groups, government, and self-insurance. The companies generally compete mainly based on two factors including the quality of the services and price that they provide.
Life and Non-Life Insurance in Colombia Market Leaders
Grupo Sura
Seguros Alfa
GEB’s Seguros Bolívar
Axa
Allianz
*Disclaimer: Major Players sorted in no particular order
