Life Insurance in Mexico - Market Summary, Competitive Analysis and Forecast to 2025
Life Insurance in Mexico - Market Summary, Competitive Analysis and Forecast to 2025
SUMMARY
Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
SUMMARY
Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
KEY HIGHLIGHTS
- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans.
- The Mexican life insurance market had total gross written premiums of $12.8bn in 2020, representing a compound annual growth rate (CAGR) of 7% between 2016 and 2020.
- The Life Insurance segment was the market's most lucrative in 2020, with total gross written premiums of $10.5bn, equivalent to 82.2% of the market's overall value.
- An aging population in Mexico is likely to stimulate demand for life insurance plans going forwards, particularly in terms of retirement savings.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the life insurance market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the life insurance market in Mexico
- Leading company profiles reveal details of key life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico life insurance market with five year forecasts by both value and volume
- What was the size of the Mexico life insurance market by value in 2020?
- What will be the size of the Mexico life insurance market in 2025?
- What factors are affecting the strength of competition in the Mexico life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's life insurance market?
1 EXECUTIVE SUMMARY
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Grupo Nacional Provincial SAB
8.2. MetLife Inc
8.3. Grupo Financiero Banorte SAB de CV
8.4. AXA SA
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape
2 MARKET OVERVIEW
2.1. Market definition
2.2. Market analysis
3 MARKET DATA
3.1. Market value
4 MARKET SEGMENTATION
4.1. Category segmentation
4.2. Geography segmentation
5 MARKET OUTLOOK
5.1. Market value forecast
6 FIVE FORCES ANALYSIS
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 COMPETITIVE LANDSCAPE
7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?
8 COMPANY PROFILES
8.1. Grupo Nacional Provincial SAB
8.2. MetLife Inc
8.3. Grupo Financiero Banorte SAB de CV
8.4. AXA SA
9 MACROECONOMIC INDICATORS
9.1. Country data
10 APPENDIX
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
LIST OF TABLES
Table 1: Mexico life insurance market value: $ billion, 2016-20
Table 2: Mexico life insurance market category segmentation: $ billion, 2020
Table 3: Mexico life insurance market geography segmentation: $ billion, 2020
Table 4: Mexico life insurance market value forecast: $ billion, 2020-25
Table 5: Mexico life insurance market share: % share, by value, 2020
Table 6: Grupo Nacional Provincial SAB: key facts
Table 7: Grupo Nacional Provincial SAB: Annual Financial Ratios
Table 8: Grupo Nacional Provincial SAB: Key Employees
Table 9: MetLife Inc: key facts
Table 10: MetLife Inc: Annual Financial Ratios
Table 11: MetLife Inc: Key Employees
Table 12: MetLife Inc: Key Employees Continued
Table 13: Grupo Financiero Banorte SAB de CV: key facts
Table 14: Grupo Financiero Banorte SAB de CV: Annual Financial Ratios
Table 15: Grupo Financiero Banorte SAB de CV: Key Employees
Table 16: AXA SA: key facts
Table 17: AXA SA: Annual Financial Ratios
Table 18: AXA SA: Key Employees
Table 19: AXA SA: Key Employees Continued
Table 20: AXA SA: Key Employees Continued
Table 21: Mexico size of population (million), 2016-20
Table 22: Mexico gdp (constant 2005 prices, $ billion), 2016-20
Table 23: Mexico gdp (current prices, $ billion), 2016-20
Table 24: Mexico inflation, 2016-20
Table 25: Mexico consumer price index (absolute), 2016-20
Table 26: Mexico exchange rate, 2016-20
Table 1: Mexico life insurance market value: $ billion, 2016-20
Table 2: Mexico life insurance market category segmentation: $ billion, 2020
Table 3: Mexico life insurance market geography segmentation: $ billion, 2020
Table 4: Mexico life insurance market value forecast: $ billion, 2020-25
Table 5: Mexico life insurance market share: % share, by value, 2020
Table 6: Grupo Nacional Provincial SAB: key facts
Table 7: Grupo Nacional Provincial SAB: Annual Financial Ratios
Table 8: Grupo Nacional Provincial SAB: Key Employees
Table 9: MetLife Inc: key facts
Table 10: MetLife Inc: Annual Financial Ratios
Table 11: MetLife Inc: Key Employees
Table 12: MetLife Inc: Key Employees Continued
Table 13: Grupo Financiero Banorte SAB de CV: key facts
Table 14: Grupo Financiero Banorte SAB de CV: Annual Financial Ratios
Table 15: Grupo Financiero Banorte SAB de CV: Key Employees
Table 16: AXA SA: key facts
Table 17: AXA SA: Annual Financial Ratios
Table 18: AXA SA: Key Employees
Table 19: AXA SA: Key Employees Continued
Table 20: AXA SA: Key Employees Continued
Table 21: Mexico size of population (million), 2016-20
Table 22: Mexico gdp (constant 2005 prices, $ billion), 2016-20
Table 23: Mexico gdp (current prices, $ billion), 2016-20
Table 24: Mexico inflation, 2016-20
Table 25: Mexico consumer price index (absolute), 2016-20
Table 26: Mexico exchange rate, 2016-20
LIST OF FIGURES
Figure 1: Mexico life insurance market value: $ billion, 2016-20
Figure 2: Mexico life insurance market category segmentation: % share, by value, 2020
Figure 3: Mexico life insurance market geography segmentation: % share, by value, 2020
Figure 4: Mexico life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the life insurance market in Mexico, 2020
Figure 6: Drivers of buyer power in the life insurance market in Mexico, 2020
Figure 7: Drivers of supplier power in the life insurance market in Mexico, 2020
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Mexico, 2020
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Mexico, 2020
Figure 10: Drivers of degree of rivalry in the life insurance market in Mexico, 2020
Figure 11: Mexico life insurance market share: % share, by value, 2020
Figure 1: Mexico life insurance market value: $ billion, 2016-20
Figure 2: Mexico life insurance market category segmentation: % share, by value, 2020
Figure 3: Mexico life insurance market geography segmentation: % share, by value, 2020
Figure 4: Mexico life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the life insurance market in Mexico, 2020
Figure 6: Drivers of buyer power in the life insurance market in Mexico, 2020
Figure 7: Drivers of supplier power in the life insurance market in Mexico, 2020
Figure 8: Factors influencing the likelihood of new entrants in the life insurance market in Mexico, 2020
Figure 9: Factors influencing the threat of substitutes in the life insurance market in Mexico, 2020
Figure 10: Drivers of degree of rivalry in the life insurance market in Mexico, 2020
Figure 11: Mexico life insurance market share: % share, by value, 2020
