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Insurance nears US$1 billion: the boom catching the P2P market’s eye📊 Growth that’s about more than just inflation
The Superintendency of Insurance Activity (SUDEASEG) published its 59th statistical bulletin, and the headline is striking: between January and September 2026, the insurance market collected US$985.24 million in net premiums, equivalent to 567.17 billion bolivars. The year-over-year increase of 524.37% comfortably outpaces both inflation and the currency’s depreciation over the period—a rare occurrence in a country where almost any nominal figure is swallowed up by the exchange rate.
Insurance nears US$1 billion: the boom catching the P2P market’s eye
📊 Growth that’s about more than just inflation
The Superintendency of Insurance Activity (SUDEASEG) published its 59th statistical bulletin, and the headline is striking: between January and September 2026, the insurance market collected US$985.24 million in net premiums, equivalent to 567.17 billion bolivars. The year-over-year increase of 524.37% comfortably outpaces both inflation and the currency’s depreciation over the period—a rare occurrence in a country where almost any nominal figure is swallowed up by the exchange rate.
The Superintendency of Insurance Activity (SUDEASEG) published its 59th statistical bulletin, and the headline is striking: between January and September 2026, the insurance market collected US$985.24 million in net premiums, equivalent to 567.17 billion bolivars. The year-over-year increase of 524.37% comfortably outpaces both inflation and the currency’s depreciation over the period—a rare occurrence in a country where almost any nominal figure is swallowed up by the exchange rate.
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