Non-Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
- The Mexican non-life insurance market had total gross written premiums of $18.1 billion in 2022, representing a compound annual growth rate (CAGR) of 9.1% between 2017 and 2022.
- The Liability segment accounted for market's the largest proportion in 2022, with total gross written premiums of $6.5 billion, equivalent to 35.9% of the market's overall value.
- In 2022, the growing Mexican inflation raises the cost of insurance for consumers and for non-life insurance companies in particular, higher claim expenses are a result of inflation.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the non-life insurance market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Mexico
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico non-life insurance market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the Mexico non-life insurance market by value in 2022?
- What will be the size of the Mexico non-life insurance market in 2027?
- What factors are affecting the strength of competition in the Mexico non-life insurance market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's non-life insurance market?
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:
- AXA SA
- Chubb Ltd
- Grupo Nacional Provincial SAB
- Qualitas Controladora SAB de CV