Market Research Report - 233339
Emerging Market and Investment Opportunities in the Mexican Motor Insurance Industry to 2016
|Published||Content info||43 Pages|
|Emerging Market and Investment Opportunities in the Mexican Motor Insurance Industry to 2016|
|Published: February 29, 2012||Content info: 43 Pages||
This publication has been discontinued on February 5, 2015.
The report provides top-level market analysis, information and insights into the Mexican motor insurance industry, including:
The Mexican motor insurance category grew during the review period, due to the expansion of the automobile industry in the country. There are positive growth prospects for the Mexican motor insurance category, which is being supported by the country's favorable macroeconomic fundamentals. The number of automobile sales in the country is expected to increase during the forecast period, which will generate a larger customer base for Mexican motor insurance. The Mexican motor insurance category grew in written premium value at a compound annual growth rate (CAGR) of 2.35% during the review period 2007-2011. The impact of Solvency II will be experienced across insurance businesses as well as individual product types. Some Mexican motor insurance companies will be in a stronger position following the enforcement of these standards in 2014 while other companies are expected to struggle due to the greater capital requirements and lowered profitability proposed by the Solvency II framework.
This report provides a comprehensive analysis of the motor insurance industry in Mexico: