The Chancay port, planned to become the main commercial hub between Latin America and Asia, is expected to boost the insurance market in Peru significantly. With investments estimated at more than US$ 3.6 billion, its capacity to receive vessels with up to 18,000 TEU's (containers) will reduce transport times between Peru and China. In addition to its impact on maritime trade, the Chancay project has generated collateral investments in infrastructure, including hotels, clinics and transport routes, such as the bioceanic train line between Peru and Brazil. These new investments will demand an increase in property, casualty, life and health insurance, which will cover everything from port infrastructure, such as cranes and docks, to workers and related services. The need for insurance in this sector is expected to grow significantly over the next five years, benefiting insurance companies that adapt their products to the new needs of global trade and Peru's growing infrastructure.