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JSB Market Research: Life Insurance in Mexico, Key Trends and Opportunities to 2018

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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. For More Information Visit: – PowerPoint PPT presentation

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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
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Summary
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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Key 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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Table 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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About JSB Market Research
JSB Market Research is an online repository of an
extensive collection of market research reports
available online. This online portal contains
high-quality reports with well-researched and
high-quality content on a wide range of
industries. These market research reports help us
give a detailed insight into new opportunities in
the industry, prevailing market trends,
competitor analysis and future prospects. JSBs
reports are developed by the domain experts and
publishers under a closely observed surveillance
of industry specialists. Therefore, the
researched data is well researched, well-
organized and matching up to the best standards
in the industry. Also JSBs database consists of
detailed insights of the leading players in the
global market, products and trends.
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Contact Us
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
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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Report Name Life Insurance in Mexico, Key Trends
and Opportunities to 2018
Product Price
License Type Price
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Site Licence 3900
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