Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019

Published: Dec, 2015 | Pages: 114 | Publisher: Timetric
Industry: Insurance | Report Format: Electronic (PDF)

Synopsis
Timetric's 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019' 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 (2010-2014) and forecast period (2014-2019).

The report also analyzes 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 on the competitive landscape in the country.

The report brings together Timetric's 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 insurance regulations, and recent changes in the regulatory structure.

Summary
Timetric's 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including:

 The Mexican non-life insurance segment's 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
Timetric's 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including:

 The Mexican non-life insurance segment's 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

Reasons To Buy
Timetric's 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including:

 The Mexican non-life insurance segment's 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

Key Highlights
Timetric's 'Non-Life Insurance in Mexico, Key Trends and Opportunities to 2019' report provides in-depth market analysis, information and insights into the Mexican non-life insurance segment, including:

 The Mexican non-life insurance segment's 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

 Table of Contents
1 Key Facts and Highlights
2 Executive Summary
3 Economy and Demographics
4 Segment Outlook
4.1 Regional Comparison
4.2 Segment Indicators
4.2.1 Gross written premium and penetration
4.2.2 Policies sold
4.2.3 Claims
4.2.4 Profitability
4.2.5 Assets and investments
5 Outlook by Category
5.1 Property Insurance
5.1.1 Product overview
5.1.2 Premium
5.1.3 Policies
5.1.4 Claims
5.1.5 Profitability
5.2 Motor Insurance
5.2.1 Product overview
5.2.2 Premium
5.2.3 Policies
5.2.4 Claims
5.2.5 Profitability
5.3 Liability Insurance
5.3.1 Product overview
5.3.2 Premium
5.3.3 Policies
5.3.4 Claims
5.3.5 Profitability
5.4 Marine, Aviation and Transit Insurance
5.4.1 Product overview
5.4.2 Premium
5.4.3 Policies
5.4.4 Claims
5.4.5 Profitability
6 Distribution Channel Outlook
6.1 Analysis by Distribution Channel
6.1.1 Direct marketing
6.1.2 Bancassurance
6.1.3 Agencies
6.1.4 E-Commerce
6.1.5 Brokers
6.1.6 Other channels
7 Natural Hazards
7.1 Flooding
7.2 Cyclones and Storms
7.3 Earthquake and Landslides
7.4 Exposure
8 Competitive Landscape
8.1 Overview
8.2 Company Rankings
8.2.1 Qualitas Compania De Seguros SA de CV - company overview
8.2.2 Axa Seguros SA de CV - company overview
8.2.3 Seguros Inbursa SA, Grupo Financiero Inbursa - company overview
8.2.4 Grupo Nacional Provincial, SAB - company overview
8.2.5 Seguros Banorte Generali SA de CV - company overview
8.2.6 Mapfre Tepeyac, SA - company overview
8.2.7 ABA Seguros SA de CV - company overview
8.2.8 Zurich Compania de Seguros, SA - company overview
8.2.9 Seguros BBVA Bancomer SA de C.V - company overview
8.2.10 Seguros Atlas, SA - company overview
9 Governance, Risk and Compliance
9.1 Legislation Overview and Historical Evolution
9.2 Latest changes in regulations
9.3 Legislation and Market Practice by Type of Insurance
9.3.1 Life insurance
9.3.2 Property insurance
9.3.3 Motor insurance
9.3.4 Liability insurance
9.3.5 Marine, aviation and transit insurance
9.3.6 Personal accident and health insurance
9.4 Compulsory Insurance
9.4.1 Workers' compensation insurance
9.4.2 Motor third-party liability insurance
9.4.3 Social security system
9.5 Supervision and Control
9.5.1 International Association of Insurance Supervisors
9.5.2 Association of Insurance Supervisors Latin America
9.5.3 Secretaria de Hacienda y Credito Publico
9.5.4 Comision Nacional de Seguros y Fianzas
9.5.5 Association of Mexican Insurance Companies
9.6 Non-Admitted Insurance Regulations
9.6.1 Overview
9.6.2 Intermediaries
9.6.3 Market practices
9.6.4 Fines and penalties
9.7 Company Registration and Operations
9.7.1 Types of insurance organization
9.7.2 Establishing a local company
9.7.3 Foreign ownership
9.7.4 Types of license
9.7.5 Capital requirements
9.7.6 Solvency margins
9.7.7 Reserve requirements
9.7.8 Investment regulations
9.7.9 Statutory return requirements
9.7.10 Fee structure
9.8 Taxation
9.8.1 Insurance premium or policy taxation
9.8.2 Withholding tax on insurance premiums paid overseas
9.8.3 Corporate tax
9.8.4 VAT
9.8.5 Captives
9.9 Legal System
9.9.1 Introduction
9.9.2 Access to court
9.9.3 Alternative dispute resolution
10 Databook
10.1 Policies and Premium
11 Definitions and Methodology
11.1 Definitions
11.2 Methodology
12 About Timetric
12.1 Contact Timetric
12.2 About Timetric
12.3 Timetric's Services
12.4 Disclaimer

List of Tables
Table 1: Mexican Non-Life Insurance - Key Facts, 2014 
Table 2: Mexican Non-Life Insurance - Segment Shares of the Top Insurers, 2014 
Table 3: Mexican Government Credit Ratings 
Table 4: Mexican Non-Life Insurance - Gross Written Premium (MXN Billion and US$ Billion), 2010-2014 
Table 5: Mexican Non-Life Insurance - Penetration (%), 2010-2014 
Table 6: Mexican Non-Life Insurance - Gross Written Premium (MXN Billion and US$ Billion), 2014-2019 
Table 7: Mexican Non-Life Insurance - Penetration (%), 2014-2019 
Table 8: Mexican Non-Life Insurance - Premium per Capita (MXN and US$), 2010-2014 
Table 9: Mexican Non-Life Insurance - Premium per Capita (MXN and US$), 2014-2019 
Table 10: Mexican Non-Life Insurance - Number of Policies Sold (Million), 2010-2014 
Table 11: Mexican Non-Life Insurance - Number of Policies Sold (Million), 2014-2019 
Table 12: Mexican Non-Life Insurance - Paid Claims (MXN Billion and US$ Billion), 2010-2014 
Table 13: Mexican Non-Life Insurance - Paid Claims (MXN Billion and US$ Billion), 2014-2019 
Table 14: Mexican Non-Life Insurance - Profitability Ratio (%), 2010-2014 
Table 15: Mexican Non-Life Insurance - Profitability Ratio (%), 2014-2019 
Table 16: Mexican Non-Life Insurance - Total Assets (MXN Billion and US$ Billion), 2010-2014 
Table 17: Mexican Non-Life Insurance - Total Assets (MXN Billion and US$ Billion), 2014-2019 
Table 18: Mexican Non-Life Insurance - Total Investment Income (MXN Billion and US$ Billion), 2010-2014 
Table 19: Mexican Non-Life Insurance - Total Investment Income (MXN Billion and US$ Billion), 2014-2019 
Table 20: Mexican Non-Life Insurance - Investment Portfolio (MXN Billion), 2010-2014 
Table 21: Mexican Non-Life Insurance - Investment Portfolio (MXN Billion), 2014-2019 
Table 22: Mexican Non-Life Insurance - Gross Written Premium by Category (MXN Billion), 2010-2014 
Table 23: Mexican Non-Life Insurance - Gross Written Premium by Category (MXN Billion), 2014-2019 
Table 24: Mexican Property Insurance - Gross Written Premium by Sub-Category (MXN Billion), 2010-2014 
Table 25: Mexican Property Insurance - Gross Written Premium by Sub-Category (MXN Billion), 2014-2019 
Table 26: Mexican Property Insurance - Number of Policies Sold by Sub-Category (Thousand), 2010-2014 
Table 27: Mexican Property Insurance - Number of Policies Sold by Sub-Category (Thousand), 2014-2019 
Table 28: Mexican Property Insurance - Paid Claims (MXN Billion and US$ Billion), 2010-2014 
Table 29: Mexican Property Insurance - Paid Claims (MXN Billion and US$ Billion), 2014-2019 
Table 30: Mexican Property Insurance - Loss Ratio (%), 2010-2014 
Table 31: Mexican Property Insurance - Loss Ratio (%), 2014-2019 
Table 32: Mexican Motor Insurance - Gross Written Premium by Sub-Category (MXN Billion), 2010-2014 
Table 33: Mexican Motor Insurance - Gross Written Premium by Sub-Category (MXN Billion), 2014-2019 
Table 34: Mexican Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2010-2014 
Table 35: Mexican Motor Insurance - Number of Policies Sold by Sub-Category (Thousand), 2014-2019 
Table 36: Mexican Motor Insurance - Paid Claims (MXN Billion and US$ Billion), 2010-2014 
Table 37: Mexican Motor Insurance - Paid Claims (MXN Billion and US$ Billion), 2014-2019 
Table 38: Mexican Motor Insurance - Loss Ratio (%), 2010-2014 
Table 39: Mexican Motor Insurance - Loss Ratio (%), 2014-2019 
Table 40: Mexican Liability Insurance - Gross Written Premium (MXN Billion), 2010-2014 
Table 41: Mexican Liability Insurance - Gross Written Premium (MXN Billion), 2014-2019 
Table 42: Mexican Liability Insurance - Number of Policies Sold (Million), 2010-2014 
Table 43: Mexican Liability Insurance - Number of Policies Sold (Million), 2014-2019 
Table 44: Mexican Liability Insurance - Paid Claims (MXN Million and US$ Million), 2010-2014 
Table 45: Mexican Liability Insurance - Paid Claims (MXN Million and US$ Million), 2014-2019 
Table 46: Mexican Liability Insurance - Loss Ratio (%), 2010-2014 
Table 47: Mexican Liability Insurance - Loss Ratio (%), 2014-2019 
Table 48: Mexican Transport Network - Global Rankings 
Table 49: Mexican Marine, Aviation and Transit Insurance - Gross Written Premium (MXN Billion), 2010-2014 
Table 50: Mexican Marine, Aviation and Transit Insurance - Gross Written Premium (MXN Billion), 2014-2019 
Table 51: Mexican Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2010-2014 
Table 52: Mexican Marine, Aviation and Transit Insurance - Number of Policies Sold (Thousand), 2014-2019 
Table 53: Mexican Marine, Aviation and Transit Insurance - Paid Claims (MXN Billion and US$ Billion), 2010-2014 
Table 54: Mexican Marine, Aviation and Transit Insurance - Paid Claims (MXN Billion and US$ Billion), 2014-2019 
Table 55: Mexican Marine, Aviation and Transit Insurance - Loss Ratio (%), 2010-2014 
Table 56: Mexican Marine, Aviation and Transit Insurance - Loss Ratio (%), 2014-2019 
Table 57: Mexican Non-Life Insurance - Direct Written Premium by Distribution Channel (MXN Billion), 2010-2014 
Table 58: Mexican Non-Life Insurance - Direct Written Premium by Distribution Channel (MXN Billion), 2014-2019 
Table 59: Mexican Non-Life Insurance - Direct Written Premium by Distribution Channel (%), 2010-2019 
Table 60: Mexican Average Annual Loss by Hazard, 1990-2014 
Table 61: Mexican Non-Life Insurance - Shares of Key Insurers (%), 2014 
Table 62: Qualitas Compania De Seguros SA de CV - Key Facts 
Table 63: Axa Seguros SA de CV - Key Facts 
Table 64: Seguros Inbursa, SA, Grupo Financiero Inbursa - Key Facts 
Table 65: Grupo Nacional Provincial, SAB - Key Facts 
Table 66: Seguros Banorte Generali SA de CV - Key Facts 
Table 67: Mapfre Tepeyac, SA - Key Facts 
Table 68: ABA Seguros SA de CV - Key Facts 
Table 69: Zurich Compania de Seguros, SA - Key Facts 
Table 70: Seguros BBVA Bancomer SA de CV - Key Facts 
Table 71: Seguros Atlas - Key Facts 
Table 72: Mexico - Insurance Regulatory Framework Key Features 
Table 73: Mexico - Life Insurance Regulatory Framework 
Table 74: Mexico - Property Insurance Regulatory Framework 
Table 75: Mexico - Motor Insurance Regulatory Framework 
Table 76: Mexico - Liability Insurance Regulatory Framework 
Table 77: Mexico - Corporate Tax Rates for the Financial Year 2015 
Table 78: Mexican Insurance Industry - Policies and Premium, 2010-2014 
Table 79: Mexican Insurance Industry - Policies and Premium, 2014-2019 
Table 80: Mexican Non-Life Insurance - Policies and Premium, 2010-2014 
Table 81: Mexican Non-Life Insurance - Policies and Premium, 2014-2019 
Table 82: Mexican Non-Life Insurance - Property Insurance Policies and Premium, 2010-2014 
Table 83: Mexican Non-Life Insurance - Property Insurance Policies and Premium, 2014-2019 
Table 84: Mexican Non-Life Insurance - Motor Insurance Policies and Premium, 2010-2014 
Table 85: Mexican Non-Life Insurance - Motor Insurance Policies and Premium, 2014-2019 
Table 86: Mexican Non-Life Insurance - Liability Insurance Policies and Premium, 2010-2014 
Table 87: Mexican Non-Life Insurance - Liability Insurance Policies and Premium, 2014-2019 
Table 88: Mexican Non-Life Insurance - Marine, Aviation and Transit Insurance Policies and Premium, 2010-2014 
Table 89: Mexican Non-Life Insurance - Marine, Aviation and Transit Insurance Policies and Premium, 2014-2019 
Table 90: Mexican Non-Life Insurance - Gross Written Premium by Sub-Category (MXN), 2010-2014 
Table 91: Mexican Non-Life Insurance - Gross Written Premium by Sub-Category (MXN), 2014-2019 
Table 92: Mexican Non-Life Insurance - Direct Written Premium by Sub-Category (MXN), 2010-2014 
Table 93: Mexican Non-Life Insurance - Direct Written Premium by Sub-Category (MXN), 2014-2019 
Table 94: Mexican Non-Life Insurance - Penetration by Sub-Category (%), 2010-2014 
Table 95: Mexican Non-Life Insurance - Penetration by Sub-Category (%), 2014-2019 
Table 96: Mexican Non-Life Insurance - Number of Active Policies by Sub-Category (Thousand), 2010-2014 
Table 97: Mexican Non-Life Insurance - Number of Active Policies by Sub-Category (Thousand), 2014-2019 
Table 98: Insurance Industry Definitions