Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
- The Mexican insurance market had total gross written premiums of $27.7bn in 2020, representing a compound annual growth rate (CAGR) of 7.4% between 2016 and 2020.
- The non-life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $14.9bn, equivalent to 53.9% of the market's overall value.
- The COVID-19 pandemic, which first took hold in Mexico in early 2020, has had a significant impact on many markets around the world, including insurance. Interest rate cuts have hampered insurance companies’ profits, whilst restrictions on consumers’ movement have reduced demand for certain types of insurance, such as motor and travel.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Mexico
- Leading company profiles reveal details of key insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico insurance market with five year forecasts
Reasons to Buy
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Table of Contents
1 Executive Summary
2 Market Overview
3 Market Data
4 Market Segmentation
5 Market Outlook
6 Five Forces Analysis
7 Competitive Landscape
8 Company Profiles
9 Macroeconomic Indicators
10 Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Grupo Nacional Provincial SAB
- Chubb Ltd
- AXA SA
- Qualitas Controladora SAB de CV
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 54 |
Published | November 2021 |
Forecast Period | 2020 - 2025 |
Estimated Market Value ( USD | $ 27.73 Billion |
Forecasted Market Value ( USD | $ 34.09 Billion |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Mexico |