Reinsurance in Mexico, Key Trends and Opportunities to 2017


#172860

73pages

Timetric

$ 1950

In Stock


Synopsis

The report provides in depth market analysis, information and insights into the Mexican reinsurance market, including:

  • The Mexican reinsurance market’s growth prospects by reinsurance categories
  • The Mexican reinsurance market’s growth prospects by reinsurance ceded from direct insurance segments
  • The competitive landscape in the Mexican reinsurance insurance market

Executive summary

Mexico is the largest property and casualty reinsurance market in the Latin American region and over two-thirds of total non-motor and non-life business is ceded to overseas reinsurance providers. Aside from the growing conventional insurance industry, the key drivers for the reinsurance segment are the country’s exposure to natural disasters, favorable regulations in terms of risk retention, the presence of large government and corporate risks, an increasing number of overseas participants and a lack of limits imposed on inter-group cession.

Scope

This report provides a comprehensive analysis of the reinsurance market in Mexico:

  • It provides historical values for Mexico’s reinsurance market for the report’s 2008–2012 review period and forecast figures for the 2012–2017 forecast period
  • It offers a detailed analysis of the key sub-segments in Mexico’s reinsurance market, along with market forecasts until 2017
  • It provides a detailed analysis of the reinsurance ceded from various direct insurance markets in Mexico and its growth prospects

Reasons to buy

  • Make strategic business decisions using historic and forecast market data related to the Mexican reinsurance market and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Mexican reinsurance market
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Mexican insurance market and its impact on companies and the market's future

Key highlights

  • The Mexican reinsurance segment registered a CAGR of 9.5% during the review period (2008−2012)
  • Mexico has the largest property and casualty reinsurance category in the Latin American region
  • Property reinsurance dominates the Mexican reinsurance segment, as Mexico is vulnerable to natural disasters such as hurricanes, earthquakes and floods
  • Solvency II will increase demand for reinsurance
Table of contents

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Mexican Insurance Industry Attractiveness
3.1 Insurance Industry Size, 2008-2017
3.2 Reinsurance Growth Dynamics and Challenges
3.3 Reinsurance Segment Size, 2008-2017
3.4 Reinsurance Segment Size by Type of Insurance, 2008-2017

4 Key Industry Trends and Drivers
4.1 Fundamental Business Drivers
4.2 Life Insurance Segment Drivers
4.3 Non-Life Insurance Segment Drivers
4.4 Personal Accident and Health Insurance Segment Drivers

5 Competitive Landscape and Strategic Insight
5.1 Overview
5.1.1 QBE Del Istmo Compania de Reaseguros, Inc. - company overview
5.1.2 QBE Del Istmo Compania de Reaseguros, Inc. - key facts
5.2 RGA Mexico - Company Overview
5.2.1 RGA Mexico - key facts

6 Business Environment and Country Risk
6.1 Business Confidence
6.1.1 Market capitalization trend - BOLSA Stock Exchange, Mexico
6.2 Economic Performance
6.2.1 GDP at constant prices (US$)
6.2.2 GDP per capita at constant prices (US$)
6.2.3 GDP at current prices (US$)
6.2.4 GDP per capita at current prices (US$)
6.2.5 GDP by sector
6.2.6 Agriculture, hunting, forestry and fishing net output at current prices (MXN)
6.2.7 Agriculture, hunting, forestry and fishing net output at current prices (US dollar)
6.2.8 Agriculture, hunting, forestry and fishing net output at current prices as a percentage of GDP
6.2.9 Manufacturing net output at current prices (MXN)
6.2.10 Manufacturing net output at current prices (US$)
6.2.11 Manufacturing net output at current prices as a percentage of GDP
6.2.12 Mining, manufacturing and utilities net output at current prices (MXN)
6.2.13 Mining, manufacturing and utilities at current prices (US$)
6.2.14 Mining, manufacturing and utilities at current prices, as percentage of GDP
6.2.15 Construction net output at current prices (MXN)
6.2.16 Construction net output at current prices, (US$)
6.2.17 Construction net output at current prices as a percentage of GDP
6.2.18 Inflation rate
6.2.19 Exports as a percentage of GDP
6.2.20 Imports as a percentage of GDP
6.2.21 Exports growth
6.2.22 Imports growth
6.2.23 Annual average exchange rate US$- MXN
6.3 Infrastructure
6.3.1 Commercial vehicles exports total value
6.3.2 Commercial vehicles imports total value
6.3.3 Automotive exports total value
6.3.4 Automotive imports total value
6.3.5 Total internet subscribers
6.4 Labor Force
6.4.1 Labor force
6.4.2 Unemployment rate
6.5 Demographics
6.5.1 Gross national disposable income (US$)
6.5.2 Total population
6.5.3 Urban and rural population
6.5.4 Median age of population
6.5.5 Age distribution of the total population

7 Appendix
7.1 Methodology
Contact Us
About Timetric
Disclaimer

Table 1: Insurance Industry Definitions
Table 2: Mexican Insurance - Overall Written Premium by Segment (MXN Billion), 2008-2012
Table 3: Mexican Insurance - Overall Written Premium by Segment (US$ Billion), 2008-2012
Table 4: Mexican Insurance - Overall Written Premium by Segment (MXN Billion), 2012-2017
Table 5: Mexican Insurance - Overall Written Premium by Segment (US$ Billion), 2012-2017
Table 6: Mexican Insurance - Segmentation (% Share), 2008-2017
Table 7: Reinsurance in Mexico by Category (MXN Billion), 2008-2012
Table 8: Reinsurance in Mexico by Category (US$ Billion), 2008-2012
Table 9: Reinsurance in Mexico by Category (MXN Billion), 2012-2017
Table 10: Reinsurance in Mexico by Category (US$ Billion), 2012-2017
Table 11: Mexican Premium Ceded to Reinsurance by Type of Insurance (MXN Billion), 2008-2012
Table 12: Mexican Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2008-2012
Table 13: Mexican Premium Ceded to Reinsurance by Type of Insurance (MXN Billion), 2012-2017
Table 14: Mexican Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2012-2017
Table 15: Mexican Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 16: Mexican Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 17: Mexican Non-Life Insurance - Percentage of Reinsurance Ceded, 2008-2012
Table 18: Mexican Non-Life Insurance - Percentage of Reinsurance Ceded, 2012-2017
Table 19: Mexican Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 20: Mexican Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 21: QBE Del Istmo Compania de Reaseguros, Inc., Key Facts
Table 22: RGA Mexico., Key Facts

Figure 1: Mexican Insurance - Overall Written Premium by Segment (MXN Billion), 2008-2017
Figure 2: Mexican Insurance - Dynamics by Segment (%), 2008-2017
Figure 3: Mexican Premium Ceded to Reinsurance by Category (MXN Billion), 2008-2017
Figure 4: Mexican Premium Ceded to Reinsurance by Category (% Share), 2012 and 2017
Figure 5: Mexican Reinsurance - Dynamics by Category (%), 2008-2017
Figure 6: Mexican Premium Ceded to Reinsurance by Type of Insurance (MXN Billion), 2008-2017
Figure 7: Mexican Reinsurance - Dynamics by Type of Insurance (%), 2008-2017
Figure 8: Mexican Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Figure 9: Mexican Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Figure 10: Mexican Non-Life Insurance - Percentage of Reinsurance Ceded, 2008-2012
Figure 11: Mexican Non-Life Insurance - Percentage of Reinsurance Ceded, 2012-2017
Figure 12: Mexican Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Figure 13: Mexican Personal Accident and Health Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Figure 14: Mexican Stock Exchange Market Capitalization (US$ Billion), 2007-2011
Figure 15: Mexican GDP at Constant Prices (US$ Billion), 2007-2011
Figure 16: Mexican GDP Per Capita at Constant Prices (PPP US$), 2007-2011
Figure 17: Mexican GDP at Current Prices (US$ Billion), 2007-2011
Figure 18: Mexican GDP Per Capita at Current Prices (US$), 2007-2011
Figure 19: Mexican GDP by Sector (%) 2009 and 2011
Figure 20: Mexican Agriculture, Hunting, Forestry, Fishing Net Output At Current Prices (MXNBillion), 2007-2011
Figure 21: Mexican Agriculture, Hunting, Forestry, Fishing Net Output At Current Prices (US$ Billion), 2007-2011
Figure 22: Mexican Agriculture, Hunting, Forestry and Fishing Net Output At Current Prices As a Percentage of GDP (%), 2007-2011
Figure 23: Mexican Manufacturing Net Output at Current Prices (MXN Billion), 2007-2011
Figure 24: Mexican Manufacturing Net Output at Current Prices (US$ Billion), 2007-2011
Figure 25: Mexican Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 26: Mexican Mining, Manufacturing and Utilities Net Output at Current Prices (MXN Billion), 2007-2011
Figure 27: Mexican Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007-2011
Figure 28: Mexican Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007-2011
Figure 29: Mexican Construction Net Output at Current Prices (MXN Billion), 2007-2011
Figure 30: Mexican Construction Net Output at Current Prices (US$ Billion), 2007- 2011
Figure 31: Mexican Construction Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 32: Mexican Inflation Rate (%), 2007-2011
Figure 33: Mexican Exports as a Percentage of GDP (%), 2007-2011
Figure 34: Mexican Imports as a Percentage of GDP (%), 2007-2011
Figure 35: Mexican Exports Growth (%), 2007-2011
Figure 36: Mexican Imports Growth (%), 2007-2011
Figure 37: Mexican Annual Average Exchange Rate US$-MXN, 2007-2011
Figure 38: Mexican Commercial Vehicles Exports Total Value (US$ Million), 2007-2011
Figure 39: Mexican Commercial Vehicles Imports Total Value (US$ Million), 2007-2011
Figure 40: Mexican Automotive Exports Total Value (US$ Million), 2007-2011
Figure 41: Mexican Automotive Imports Total Value (US$ Million), 2007-2011
Figure 42: Mexican Internet Subscriptions (Millions), 2007-2011
Figure 43: Mexican Size of Labor Force in 15-59 Age Group (Million), 2007-2011
Figure 44: Mexican Unemployment Rate (%), 2007-2011
Figure 45: Mexican Gross National Disposable Income (US$ Billion), 2007-2011
Figure 46: Mexican Total Population (Million), 2007-2012
Figure 47: Mexican Urban and Rural Population (%), 2007-2012
Figure 48: Mexican Median Age of Population (Year), 2007-2012
Figure 49: Mexican Population Distribution by Age (%), 2007-2012