New Study: Mexico Insurance Report Q4 2015

Though relatively under-developed compared to those of other major developing economies, Mexico's insurance sector is large and steadily growing. As life expectancies and living standards increase, there are signs that households are gradually awakening up to the benefits that insurance products can provide, though we maintain that density will remain low among the lowest income groups. This should provide a steady platform for premiums growth over the next few years, which should lead to increasing levels of foreign direct investment.

Despite being worth more than 23bn a year in combined life and non-life premiums, Mexico's insurance sector can be considered underdeveloped by the standards of other major developing countries. Mexico is a middle-income country with a population of more than 120mn, however (as a percentage of overall GDP) the penetration of both the life and non-life market remains low at about 1%. To put this in perspective, this is about half the level of penetration in Brazil, a country with a similar GDP per capital.

Full Report Details at
- http://www.fastmr.com/prod/1058411_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 through our reviews of latest industry trends, regulatory changes and major deals, investments and macroeconomic developments.
* Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity).

Coverage

BMI Industry View

Summary of BMI’s key industry forecasts and views, covering the Life and Non-Life segments, the evolving competitive landscape and business operational risks.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the insurance sector and within the broader political, economic and business environment.

BMI Industry Forecasts

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