Thursday, 2 May 2013

Mexico Insurance Report Q3 2013

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Mexico Insurance Report Q3 2013
May 1st 2013, 00:00

As of early 2013, it is clear that Mexico continues to be regarded by leading multinational insurers as toolarge a market to be ignored. Many of the positive trends that are evident elsewhere in Latin America arepresent in Mexico. Nevertheless, strong competitive pressures in both segments and competition from theUS insurance sector, continue to keep a lid on growth. Several challenges need to be addressed if Mexico''slife insurance segment is to reach its full potential.Recent developments continue to highlight both strengths and weaknesses in Mexico''s insurance sector. Inthe non-life segment, premiums have grown at double-digit rates, in real terms, in most lines o...

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