Press release
Non-Life Insurance in Mexico, Key Trends and Opportunities to 2020 Published by MarketResearchReports.biz
Synopsis
Timetrics 'Non-Life Insurance in Mexico Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Mexican non-life insurance segment and a comparison of the Mexican insurance industry with its regional counterparts.
It provides values for key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, total assets, total investment income and retentions during the review period (20112015) and forecast period (20152020).
The report also analyzes the various distribution channels operating in the segment, gives a comprehensive overview of the Mexican economy and demographics, explains the various types of natural hazard and their impact on the Mexican insurance industry, and provides detailed information pertaining to the country's competitive landscape.
The report brings together Timetrics research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of recent changes to the industry's regulatory structure.
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Summary
Timetrics 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including:
The Mexican non-life insurance segments detailed outlook by product category
A comprehensive overview of the Mexican economy and demographics
A comparison of the Mexican insurance industry with its regional counterparts
Detailed analysis of natural hazards and their impact on the Mexican insurance industry
Details of the competitive landscape in the life insurance segment in Mexico
Details of regulatory policy applicable to the Mexican insurance industry
Scope
This report provides a comprehensive analysis of the non-life insurance segment in Mexico:
It provides historical values for the Mexican non-life insurance segment for the reports 20112015 review period, and projected figures for the 20152020 forecast period.
It offers a detailed analysis of the key categories in the Mexican non-life insurance segment, and market forecasts to 2020.
It provides a comparison of the Mexican non-life insurance segment with its regional counterparts.
It analyzes the various distribution channels for non-life insurance products in Mexico.
It analyzes various natural and man-made hazards and their impact on the Mexican insurance industry.
It profiles the top non-life insurance companies in Mexico, and outlines the key regulations affecting them.
View Report @ https://www.marketresearchreports.biz/reports/1301601/non-life-insurance-in-mexico-key-trends-and-opportunities-to-2020-market-research-reports
Reasons To Buy
Make strategic business decisions using in-depth historic and forecast market data related to the Mexican non-life insurance segment, and each category within it
Understand the demand-side dynamics, key market trends and growth opportunities in the Mexican non-life insurance segment
Assess the competitive dynamics in the non-life insurance segment
Identify growth opportunities and market dynamics in key product categories
Gain insights into key regulations governing the Mexican insurance industry, and their impact on companies and the industry's future
Key Highlights
The non-life segment accounted for 40.5% of the industry's gross written premium in 2015.
The segment is competitive, containing both domestic and foreign insurers, and is concentrated with the 10 leading companies collectively accounting for 66.68% of gross written premium in 2015.
Although political risks and changes in the country's regulatory landscape are creating challenges for insurers in the Latin American region, the Mexican non-life insurance segment registered a high rate of premium growth during the review period.
In September 2014, the Federal Law on Roads, Bridges and Motor Transport amended and made motor third-party liability insurance compulsory in the country.
The adoption of Solvency II type regulations is expected to bring better risk management to the insurance industry.
The support from the government to develop agriculture insurance, the implementation of motor third-party liability insurance in 2014 and rising public awareness on the benefits of insurance are expected to increase non-life insurance penetration over the forecast period.
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