Financial Services

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Despite the difficulties posed by a fragmented health care system, opportunities for private health insurance are abundant in Peru. Health services are provided by five main entities: Seguro Integral de Salud; Seguro Social de Salud (EsSalud); two government schemes for the armed forces and the police; and private health insurers, known as ...

 

What is behind the high growth in insurance premiums in recent years? To what extent is this growth sustainable in the medium to long term?

 

Though recent highs in premium income have made Peru’s insurance market one of the fastest-growing in Latin America, the country remains comparatively underinsured. Taking these two factors into consideration, it is apparent that the sector has been showing strong growth but from a very low base, and that awareness of insurance as a way of...

 

Since it took office in July 2016, the government has said that developing small and medium-sized enterprises (SMEs) is a key part of its economic strategy. Officials have noted that SMEs account for a large proportion of employment, but that their performance in terms of growth and productivity has been at best mixed. Many SMEs have...

Chapter | Insurance from The Report: Peru 2017

Though recent highs in premium income have made Peru’s insurance market one of the fastest-growing in Latin America, the country remains comparatively underinsured. Taking these two factors into consideration, the sector has been showing strong growth but from a relatively low base, and that awareness of insurance as a way of managing public and private risks is very low. These low levels of...

Chapter | Capital Markets from The Report: Peru 2017

The Peruvian stock exchange, the Lima Stock Exchange (Bolsa de Valores de Lima, BVL), had a boom year in 2016, achieving one of the highest rates of return in the world. The main index, the Standard & Poor’s (S&P)/BVL Perú General, ended the year at 15,567 points, a gain of 58.1% on the previous year, according to the World Federation of Exchanges. This made it the second-best-...

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