Insurance Market Development

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Insurance Market Development 
in Latin America and the Caribbean 
 
 
 
 
 
 
 
 
 
 
Pietro Masci 
Luis Tejerina 
Ian Webb
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Inter-American Development Bank 
Washington, D. C. 
Sustainable Development Department 
Technical Papers Series 

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Cataloguing-in publication provided by the
Inter-American Development Bank 
Felipe Herrera Library 
Masci, Pietro; Tejerina, Luis & Webb, Ian. 
Insurance Market Development in Latin America and the Caribbean / Pietro Masci, Luis Tejerina 
& Ian Webb. 
p.cm. (Sustainable Development Department Best practices series ; IFM-146) 
Includes bibliographical references. 
363.6 M341—dc22 
Pietro Masci is Chief of the Infrastructure and Financial Markets Division of the Sustainable Develop-
ment Department at the Inter-American Development Bank. Luis Tejerina is an Economist in the Poverty 
and Inequality Unit of the Sustainable Development Department. Ian Webb is Director of Research Inter-
national Insurance Foundation. The authors wish to thank James Sylvester and Marco Velarde, consult-
ants at the Inter-American Development Bank, for their valuable contributions that made this paper possi-
ble.
The opinions expressed herein are those of the authors and do not necessarily represent the official posi-
tion of the Inter-American Development Bank. Permission is granted to reproduce this paper or in part for 
noncommercial purposes only and with proper attribution to the authors, the Sustainable Development 
Department and the Inter-American Development Bank. 
August, 2007 
This publication (Reference No. IFM-146) can be obtained from: 
IFM Publications 
Mail Stop W-0508 
Inter-American Development Bank 
1300 New York Avenue, N.W. 
Washington, D.C. 20577 
E-mail:
sds/[e-mail] 
Fax:
202-623-2157
Web Site: 
http:www.iadb.org/sds/ifm

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