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Demographic change reduces the potential of the insurance sector in Puerto Rico

Due to the size of its population, in a Mapfre analysis, the island ranked 139th out of 179 countries, but the local market offers opportunities, especially in the health sector

July 10, 2024 - 2:05 PM

According to the report "Demographics: an analysis of its impact on insurance activity" by Mapfre Economics, global demographic aging opens the door to new opportunities for the insurance sector. (Archivo)

Efraín Montalbán Ríos

By Efraín Montalbán Ríos

Periodista de Negociosefrain.montalban@gfrmedia.com

The low expectations based on population size and demographic growth meant that Puerto Rico is among the countries with the lowest insurance potential, according to the global scale of the Insurance Potential Indicator by Demographic Impulse (IPAID) calculated by Mapfre Economics.

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Efraín Montalbán Ríos

Efraín Montalbán Ríos

efrain.montalban@gfrmedia.com

Por los pasados cinco años, Efraín Montalbán Ríos ha ejercido como periodista y productor en distintos medios de comunicación locales. Es egresado de la Escuela de Comunicación –ahora facultad- de la...

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