New Market Research Report: Mexico Insurance Report Q4 2015

We have a positive outlook for Mexico's insurance sector throughout our five-year forecast period , with both life and non-life insurance growing at medium single-digit rates . In light of the declining unemployment, improving consumer sentiment, increasing household spending, and measured developments in other sectors of the economy (such as Autos and Pharmaceuticals), we highlight significant opportunities for domestic and foreign investors in both segments of the country's insurance sector.

Although Mexico's insurance sector is well-balanced in size between life and non-life insurance, the life segment accounts for the smaller share of 45% of total written premiums in 2015 - this is not expected to change looking ahead to 2019. In addition, we expect that both life and non-life insurance will share a similarly rapid rate of growth throughout the five-year forecast period, between 6% and 7% annually. A number of ongoing developments underlie the positive outlook of life insurance in particular. Mexico will see the average life expectancy of its population increase in the coming years. Even though this increase is marginal, it will continue to manifest itself in the country's growing 65+ population. This retirement-aged portion is particularly important to the growth of life insurance premiums, because people who are at least 65 years of age commonly seek more security as they become older, and they are therefore more likely to purchase life products. This is an important development which is in turn supported by ongoing improvements in Mexico's healthcare provision and access to medicines. Accordingly, while also taking into account the growth in spending by Mexican households, these are key factors which underlie the positive growth prospects and market attractiveness of life insurance - both to domestic and foreign investors.

Full Report Details at
- http://www.fastmr.com/prod/1055781_mexico_insurance_report_q4.aspx?afid=301

The Mexico Insurance Report has been researched at source and features BMI Research's independent assessment and forecasts for the insurance sector. It examines industry developments, key growth drivers and risk management projections, including the macroeconomic situation, government policy, regulatory environment and the level of development and potential for growth, broken down by line. Leading insurers are profiled, covering premiums, products and services and competitive positioning.

BMI's Mexico Insurance Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Mexican insurance industry.

Key Benefits

* Benchmark BMI's independent insurance industry forecasts for Mexico to test other views - a key input for successful budgeting and strategic business planning in Mexico's insurance market.
* Target business opportunities and risks in Mexico

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Hong Kong Insurance Report Q4 2015
- Estonia Insurance Report Q4 2015
- Czech Republic Insurance Report Q4 2015
- Kuwait Insurance Report Q4 2015
- Brazil Insurance Report Q4 2015