Free Submission Public Relations &
Deutsch English

Non-Life Insurance in Mexico, Key Trends and Opportunities to 2017

Mexico non-life insurance market: 9.2% CAGR growth witnessed between 2008-2012

Print article Print article
2014-04-18 12:39:01 - Non-Life Insurance in Mexico, Key Trends and Opportunities to 2017 - a new market research report on

The Mexican non-life insurance segment rose at a CAGR of 9.2% during the review period. This was partly due to the robust insurance regulatory environment, expansion of the bancassurance channel and healthy property insurance growth. Growth in the segment was further supported by the government´s initiative to purchase US$410 million worth of insurance policies to provide coverage to its citizen´s houses and infrastructure during times of natural disaster.

The Mexican government is one of the main buyers of insurance products in the country. Growth was further strengthened by the introduction of compulsory third-party motor insurance in two Mexican states, Baja California Norte and Jalisco, in January 2012. This move is likely to encourage other states in the country to make motor



insurance compulsory too. If enacted nationwide, the motor category, and the non-life segment, will record strong growth as motor insurance represents a significant portion of the segment´s total premiums.

Mexico is one of the few countries in the world where motor insurance is not mandatory. The Mexican government is one of the key buyers of insurance products in the country.

Click for report details: ..

Browse all Finance and Banking Market Research Reports ..

Browse all Finance and Banking Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Mike King
Phone: London: +44 (0) 203 086 8600

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News


Terms & Conditions | Privacy | About us | Contact