Market Analysis on Non-Life Insurance in Mexico

Non-Life Insurance in Mexico, Key Trends and Opportunities to 2018 Synopsis The report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including: The Mexican non-life insurance segment’s growth prospects by non-life insurance categories Key trends and drivers for the non-life insurance segment The various distribution channels in the Mexican non-life insurance segment The detailed competitive landscape in the non-life insurance segment in Mexico Detailed regulatory policies of the Mexican insurance industry A description of the non-life reinsurance segment in Mexico Porter's Five Forces analysis of the non-life insurance segment A benchmarking section on the Mexican non-life insurance segment in comparison with other countries in the Latin American region Executive summary Mexico is the second-largest economy in Latin America after Brazil, and has the region’s fourth-highest GDP per capita, after Chile, Brazil and Argentina. In 2009, the Mexican economy experienced a 19.3% decline in GDP at current prices due to the global financial crisis, which affected exports and foreign direct investment (FDI). Despite this, the industry expanded significantly during the review period (2009–2013), at a compound annual growth rate (CAGR) of 9.8% in terms of gross written premium. This growth was partly due to the robust regulatory environment and favorable demographic dividends, including the rising middle class population. The introduction of innovative insurance products, the expansion of microinsurance and foreign participation also contributed to this growth. Scope This report provides a comprehensive analysis of the non-life insurance segment in Mexico: It provides historical values for Mexico's non-life insurance segment for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period. It offers a detailed analysis of the key categiories in Mexico's...