Group health insurance, which generally involves a cheaper premium than individual insurance, grew by 5.25% in premiums and 4.31% in policyholders as of December 2020, according to ICEA data.
Individual insurance accounted for 70.3% of revenues and 67.2% of policyholders.
In terms of growth, group insurance grew by 5.25% in premiums compared to 4.73% growth in individual insurance.
News Source: Adn del Seguro 03/03/2021