International perspectives : Chile market outlook 2020/21

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<subTitle>: Chile market outlook 2020/21</subTitle>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">Chile's insurance sector has experienced a number of challenges with a 10% contraction of premiums following a period of civil unrest, regulatory change, falling commodity prices, and the challenges of the COVID-19 global pandemic which resulted in lockdown restrictions on trading and mobility. With consumer sentiment marginally lifting towards the end of Q2, there remains hope of recovery in 2021-22 supported by fiscal and monetary stimulus packages targeting household consumers, SME business owners and sustaining the commercial sector in the near to medium term.</abstract>
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<topic>Mercado de seguros</topic>
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<topic>COVID-19</topic>
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<topic>Recuperación económica</topic>
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<title>November 2020</title>
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