80 likes | 172 Views
Life insurance was the largest segment in the Mexican insurance industry in 2013, accounting for 46.2% of the industrys gross written premiums. Led by sustained economic growth and favorable demographics, the segment expanded at a review-period CAGR of 11.2%. Growth in the segment is primarily led by strong demand for products with protection and savings components such as pension and endowment. For More Information Visit: http://goo.gl/H4qLVs
E N D
JSB Market Research: Life Insurance in Mexico, Key Trends and Opportunities to 2018 f To buy this Report Visit http://www.jsbmarketresearch.com
Summary: Life insurance was the largest segment in the Mexican insurance industry in 2013, accounting for 46.2% of the industrys gross written premiums. Led by sustained economic growth and favorable demographics, the segment expanded at a review-period CAGR of 11.2%. Growth in the segment is primarily led by strong demand for products with protection and savings components such as pension and endowment. From the diverse range of life insurance products, pension and term-life categories registered the highest CAGRs of 24.9% and 12.4% respectively during the review period. f
Key Highlights: • After Brazil, Mexico has the second-largest economy in Latin America, and the fourth-highest GDP per capita after Chile, Brazil and Argentina. • The growth in the insurance industry during the review period was partly due to the robust regulatory environment, rising middle-class population and favorable demographic dividend. • Agencies were the most popular channel for distributing life insurance products in 2013, accounting for 33.7% of the new business written premium. • As of 2013, there were 48 life insurance companies operating in the life segment. Foreign companies dominated the segment, accounting for 60% of life insurance premiums in 2013. • A lack of proper insurance knowledge is acting as a hindrance for the growth of the Mexican life insurance industry. • To know more about this report click here – • http://www.jsbmarketresearch.com/finance-banking/r-Life-Insurance-in-Mexico-Key-Trends-and-Opportunities-to-2018-123758 f
Table of Contents: Life Insurance in Mexico, Key Trends and Opportunities to 2018 Scale and Penetration Total gross written premium Premium per capita Life insurance penetration f
Related Market Research Report • The Insurance Industry in the Cayman Islands, Key Trends and Opportunities to 2018 • Employee Benefits in Latvia • Debit Card Market Size and Forecast in the UAE to 2018: Market Profile • Prepaid Card Market Size and Forecast in the UAE to 2018: Market Profile • Credit Card Market Size and Forecast in Hong Kong to 2018: Market Profile f
About JSB Market Research JSB Market Research is an online repository of an extensive collection of market research reports available online. This online portal contains high-quality reports with well-researched and high-quality content on a wide range of industries. These market research reportshelp us give a detailed insight into new opportunities in the industry, prevailing market trends, competitor analysis and future prospects. JSB’s reports are developed by the domain experts and publishers under a closely observed surveillance of industry specialists. Therefore, the researched data is well researched, well- organized and matching up to the best standards in the industry. Also JSB’s database consists of detailed insights of the leading players in the global market, products and trends. f
Contact Us Support & General Inquiries Mail :support@jsbmarketresearch.com | +91 - 998 729 5242 Billing Support Mail :billing@jsbmarketresearch.com | +91 22 412 366 50 Website:-http://www.jsbmarketresearch.com Support & General Inquiries Mail :support@jsbmarketresearch.com | +91 - 998 729 5242 Billing Support Mail :billing@jsbmarketresearch.com | +91 22 412 366 50 Website:-http://www.jsbmarketresearch.com f
PRICE CHART Report Name: Life Insurance in Mexico, Key Trends and Opportunities to 2018 Product Price : Click Here To View OR Purchase Report: f