Personal Accident and Health Insurance in Mexico, Key Trends and Opportunities to 2018


#218480

247pages

Timetric

$ 1950

In Stock

Synopsis

The report provides in-depth market analysis, information and insights into the Mexican personal accident and health insurance segment, including:
  • The Mexican personal accident and health insurance segment’s growth prospects by insurance categories
  • Key trends and drivers for the personal accident and health insurance segment
  • The various distribution channels in the Mexican personal accident and health insurance segment
  • The detailed competitive landscape in the personal accident and health insurance segment in Mexico
  • Detailed regulatory policies of the Mexican insurance industry
  • A description of the personal accident and health reinsurance segment in Mexico
  • Porter's Five Forces analysis of the personal accident and health insurance segment
  • A benchmarking section on the Mexican personal accident and health insurance segment in comparison with other countries in the Latin American region

Executive summary

The Mexican personal accident and health segment grew at a review-period (2009−2013) compound annual growth rate (CAGR) of 9.9%, supported by Mexico’s stable GDP growth, rising healthcare expenditure and government initiatives to encourage Mexicans to purchase health insurance. The personal accident and health insurance segment is divided into three categories: personal accident, travel and health insurance. The largest category in the segment is health insurance, which accounted for 88% in 2013.

Scope

This report provides a comprehensive analysis of the personal accident and health insurance segment in Mexico:
  • It provides historical values for the Mexican personal accident and health insurance segment for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period.
  • It offers a detailed analysis of the key sub-segments in Mexican personal accident and health insurance segment, along with market forecasts until 2018.
  • It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions.
  • It analyses the various distribution channels for personal accident and health insurance products in Mexico.
  • Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Mexico for the personal accident and health insurance segment.
  • It provides a detailed analysis of the reinsurance segment in Mexico and its growth prospects.
  • It profiles the top personal accident and health insurance companies in Mexico and outlines the key regulations affecting them.

Reasons to buy

  • Make strategic business decisions using in-depth historic and forecast market data related to the Mexican personal accident and health insurance segment and each category within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Mexican personal accident and health insurance segment
  • Assess the competitive dynamics in the personal accident and health insurance segment, along with the reinsurance segment
  • Identify the growth opportunities and market dynamics within key product categories
  • Gain insights into key regulations governing the Mexican insurance segment and its impact on companies and the market's future

Key highlights

  • The penetration rate of personal accident and health segment stood at 0.32% in 2013.
  • 60 million people, nearly half of the Mexico's population lives in poverty.
  • Mexican private health insurers provide healthcare services to around 18.5%. 
  • As of 2012, Mexico is the second-most-popular destination for medical tourism in the world after Thailand, attracting more than one million patients every year.
  • The segment is consolidated, and the 10 leading insurance companies accounted for 89.0% of the market share in 2013.