Análisis de la evolución del mercado asegurador ecuatoriano y su incidencia en la economía frente a la pandemia Covid 19.

Abstract

The insurance market in times of covid-19 demonstrates the strength and preparedness to face events of great magnitude; although it is true that the different economic sectors had a drop in their production as a consequence of the pandemic and influenced the insurance sector as well, nevertheless, the companies faced the challenge of indemnifying high amounts to their insured, mainly in the life and health branches. This event did not only mean money disbursements, but it was also an opportunity for insurers to instill in people the awareness and culture of obtaining life insurance, generating a higher level of trust and security. The results of this thesis showed that the covid-19 pandemic had a significant impact on the financial statements of insurers, generating a decrease in net premiums (sales) and an increase in claims costs, in the ability of policyholders to pay and in new commercial relationships. Therefore, it is necessary for insurers to maintain strategies to strengthen their financial structure.