Industry Dynamics and Competitive Landscape in the Mexican Non-Life Insurance Industry to 2016: Market Profile

Synopsis

The report provides top-level market analysis, information and insights into the Mexican non-life insurance market, including:

• A description of the non-life insurance market in Mexico
• The Mexican non-life insurance market’s growth prospects
• The competitive landscape in the Mexican non-life insurance market

Summary

The Mexican non-life insurance segment is one of the fastest-growing in Latin American. It is a highly competitive insurance segment, containing both domestic and foreign companies. There are strong growth prospects for non-life insurance in Mexico due to its low penetration. The non-life insurance segment is expected to grow strongly during the forecast period, which will be supported by Mexico’s robust economic growth, rising middle-income group, development of rural areas and expanding automobile, construction and real estate industries. Due to this, major non-life insurance companies are planning to expand their product portfolios and increase their presence across the country. The non-life insurance segment is fragmented, with top five companies capturing a XX% share of the total retained premiums in 2010. The top five non-life companies in the Mexican insurance industry include both domestic and foreign companies. The market share of the domestic companies is high in comparison to foreign companies. However, the market share of foreign non-life insurance companies is expected to increase over the forecast period. Several non-life insurance products experienced a real annual increase in direct premiums during the review period, such as fire, motor, earthquake, liability, maritime and transport, credit, and agricultural insurance. These premiums rose due to the multi-annual renewal Pemex’s comprehensive insurance policy.

Scope

This report provides a comprehensive analysis of the non-life insurance market in Mexico:

• It provides historical values for Mexico’s insurance industry market size for the report’s 2007-2011 review period and forecast figures for the 2011-2016 forecast period
• Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Mexico for the non-life insurance business
• It profiles the top non-life insurance companies in Mexico, and outlines the key regulations affecting them
• It provides a comprehensive analysis of the business environment and country risk for Mexico

Reasons To Buy

• Make strategic business decisions using top-level historic and forecast market data related to the Mexican insurance industry and each sector within it
• Understand the demand-side dynamics, key market trends and growth opportunities within the Mexican insurance industry
• Develop market-entry strategies by understanding the key market opportunities
• Assess the competitive dynamics in the Mexican non-life insurance market
• Identify key operators in the Mexican insurance industry, along with profiles on those companies