Life Insurance in Mexico, Key Trends and Opportunities to 2018

Date: 2015-09

Life insurance was the largest segment in the Mexican insurance industry in 2013, accounting for 46.2% of the industryโ€™s 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.

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