Centro de Documentacion de Fundación MAPFRE - Market segment outlook : Argentina insurance

MAP20250013841

Market segment outlook : Argentina insurance / A.M. Best Company Inc. — New Jersey : A.M. Best Company Inc, 2025

4 p . — (Best's market segment report ; February 3, 2025)

Economic growth following the 2023 downturn -- Insurance industry growth has been marginal. — Sumario: AM Best maintains a negative outlook for Argentina's insurance industry due to persistent macroeconomic volatility, high inflation, limited real growth, and unstable investment results. Following a 1.6% GDP contraction in 2023 caused by drought and economic imbalances, President Milei's austerity measures including subsidy cuts, currency devaluation, and deregulation led to a 3.9% GDP rebound by Q3 2024. Inflation, though still high at 118%, is slowing, prompting interest rate cuts and boosting exports. Despite signs of macroeconomic recovery and reduced country risk, ongoing volatility continues to challenge the insurance sector's financial stability and profitability

1. Mercado de seguros . 2. Crecimiento económico . 3. Inflación . 4. Crecimiento económico . 5. Volatilidad en los mercados . 6. Argentina . I. A.M. Best Company . II. Título.