Title: JSB Market Research: Life Insurance in Mexico, Key Trends and Opportunities to 2018
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JSB Market Research Life Insurance in Mexico,
Key Trends and Opportunities to 2018
To buy this Report Visit http//www.jsbmarketrese
arch.com
2Summary
Life insurance was the largest segment in the
Mexican insurance industry in 2013, accounting
for 46.2 of the industrys gross written
premiums. Led by sustained economic growth and
favorable demographics, the segment expanded at a
review-period CAGR of 11.2. Growth in the
segment is primarily led by strong demand for
products with protection and savings components
such as pension and endowment. From the diverse
range of life insurance products, pension and
term-life categories registered the highest CAGRs
of 24.9 and 12.4 respectively during the review
period.
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3Key Highlights
- After Brazil, Mexico has the second-largest
economy in Latin America, and the fourth-highest
GDP per capita after Chile, Brazil and Argentina. - The growth in the insurance industry during the
review period was partly due to the robust
regulatory environment, rising middle-class
population and favorable demographic dividend. - Agencies were the most popular channel for
distributing life insurance products in 2013,
accounting for 33.7 of the new business written
premium. - As of 2013, there were 48 life insurance
companies operating in the life segment. Foreign
companies dominated the segment, accounting for
60 of life insurance premiums in 2013. - A lack of proper insurance knowledge is acting as
a hindrance for the growth of the Mexican life
insurance industry. - To know more about this report click here
- http//www.jsbmarketresearch.com/finance-banking/r
-Life-Insurance-in-Mexico-Key-Trends-and-Opportuni
ties-to-2018-123758 -
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4Table of Contents
Life Insurance in Mexico, Key Trends and
Opportunities to 2018
Life insurance penetration
Premium per capita
Total gross written premium
Scale and Penetration
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6About JSB Market Research
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in the industry. Also JSBs database consists of
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global market, products and trends.
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Support General Inquiries Mail
support_at_jsbmarketresearch.com 91 - 998 729
5242 Billing Support Mail
billing_at_jsbmarketresearch.com 91 22 412
366 50 Website- http//www.jsbmarketresearch
.com
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