Non-Life Insurance in Mexico
Non-Life Insurance in Mexico
Summary
Non-Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 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
Non-Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market size (value 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 non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer. Any currency conversions used in the report have been calculated using constant 2019 annual average exchange rates.
- The Mexican non-life insurance market is expected to generate total gross written premiums of $15.0bn in 2020, representing a compound annual growth rate (CAGR) of 5% between 2016 and 2020.
- The motor segment is expected to be the market's most lucrative in 2020, with total gross written premiums of $5.4bn, equivalent to 36.1% of the market's overall value.
- High levels of household disposable income, alongside lower consumer confidence in 2020, will boost sales for non-life insurance products; however, low interest rates will keep profits low.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the non-life insurance market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the non-life insurance market in Mexico
- Leading company profiles reveal details of key non-life insurance market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico non-life insurance market with five year forecasts
- What was the size of the Mexico non-life insurance market by value in 2020?
- What will be the size of the Mexico non-life insurance market in 2025?
- What factors are affecting the strength of competition in the Mexico non-life insurance market?
- How has the market performed over the last five years?
- What are the main segments that make up Mexico's non-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 the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the sector?
8 COMPANY PROFILES
8.1. Qualitas Controladora SAB de CV
8.2. AXA SA
8.3. Chubb Ltd
8.4. Grupo Nacional Provincial SAB
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 the leading players follow?
7.4. What is the rationale for the recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the sector?
8 COMPANY PROFILES
8.1. Qualitas Controladora SAB de CV
8.2. AXA SA
8.3. Chubb Ltd
8.4. Grupo Nacional Provincial SAB
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 non-life insurance market value: $ billion, 2016-20(e)
Table 2: Mexico non-life insurance market category segmentation: $ billion, 2020(e)
Table 3: Mexico non-life insurance market geography segmentation: $ billion, 2020(e)
Table 4: Mexico non-life insurance market value forecast: $ billion, 2020-25
Table 5: Mexico non-life insurance market share: % share, by value, 2020(e)
Table 6: Qualitas Controladora SAB de CV: key facts
Table 7: Qualitas Controladora SAB de CV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Key Employees
Table 10: AXA SA: Key Employees Continued
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Chubb Ltd: key facts
Table 14: Chubb Ltd: Key Employees
Table 15: Chubb Ltd: Key Employees Continued
Table 16: Chubb Ltd: Key Employees Continued
Table 17: Chubb Ltd: Key Employees Continued
Table 18: Grupo Nacional Provincial SAB: key facts
Table 19: Grupo Nacional Provincial SAB: Key Employees
Table 20: Mexico size of population (million), 2016-20
Table 21: Mexico gdp (constant 2005 prices, $ billion), 2016-20
Table 22: Mexico gdp (current prices, $ billion), 2016-20
Table 23: Mexico inflation, 2016-20
Table 24: Mexico consumer price index (absolute), 2016-20
Table 25: Mexico exchange rate, 2015-19
Table 1: Mexico non-life insurance market value: $ billion, 2016-20(e)
Table 2: Mexico non-life insurance market category segmentation: $ billion, 2020(e)
Table 3: Mexico non-life insurance market geography segmentation: $ billion, 2020(e)
Table 4: Mexico non-life insurance market value forecast: $ billion, 2020-25
Table 5: Mexico non-life insurance market share: % share, by value, 2020(e)
Table 6: Qualitas Controladora SAB de CV: key facts
Table 7: Qualitas Controladora SAB de CV: Key Employees
Table 8: AXA SA: key facts
Table 9: AXA SA: Key Employees
Table 10: AXA SA: Key Employees Continued
Table 11: AXA SA: Key Employees Continued
Table 12: AXA SA: Key Employees Continued
Table 13: Chubb Ltd: key facts
Table 14: Chubb Ltd: Key Employees
Table 15: Chubb Ltd: Key Employees Continued
Table 16: Chubb Ltd: Key Employees Continued
Table 17: Chubb Ltd: Key Employees Continued
Table 18: Grupo Nacional Provincial SAB: key facts
Table 19: Grupo Nacional Provincial SAB: Key Employees
Table 20: Mexico size of population (million), 2016-20
Table 21: Mexico gdp (constant 2005 prices, $ billion), 2016-20
Table 22: Mexico gdp (current prices, $ billion), 2016-20
Table 23: Mexico inflation, 2016-20
Table 24: Mexico consumer price index (absolute), 2016-20
Table 25: Mexico exchange rate, 2015-19
LIST OF FIGURES
Figure 1: Mexico non-life insurance market value: $ billion, 2016-20(e)
Figure 2: Mexico non-life insurance market category segmentation: % share, by value, 2020(e)
Figure 3: Mexico non-life insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: Mexico non-life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the non-life insurance market in Mexico, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in Mexico, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in Mexico, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Mexico, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Mexico, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Mexico, 2020
Figure 11: Mexico non-life insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Qualitas Controladora SAB de CV
AXA SA
Chubb Ltd
Grupo Nacional Provincial SAB
Figure 1: Mexico non-life insurance market value: $ billion, 2016-20(e)
Figure 2: Mexico non-life insurance market category segmentation: % share, by value, 2020(e)
Figure 3: Mexico non-life insurance market geography segmentation: % share, by value, 2020(e)
Figure 4: Mexico non-life insurance market value forecast: $ billion, 2020-25
Figure 5: Forces driving competition in the non-life insurance market in Mexico, 2020
Figure 6: Drivers of buyer power in the non-life insurance market in Mexico, 2020
Figure 7: Drivers of supplier power in the non-life insurance market in Mexico, 2020
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Mexico, 2020
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Mexico, 2020
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Mexico, 2020
Figure 11: Mexico non-life insurance market share: % share, by value, 2020(e)
COMPANIES MENTIONED
Qualitas Controladora SAB de CV
AXA SA
Chubb Ltd
Grupo Nacional Provincial SAB
