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  5. > Life Insurance in Mexico

Life Insurance in Mexico

  • January 2016
  • -
  • MarketLine
  • -
  • 37 pages

Introduction

Life Insurance in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Mexico life insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Highlights

- The value of the life insurance market is shown in terms of gross premium incomes from mortality protection and retirement savings plans. All currency conversions have been calculated using constant 2014 annual average exchange rates. The insurance market depends on a variety of economic and non-economic factors and future performance is difficult to predict. The forecast given in this report is not based on a complex economic model, but is intended as a rough guide to the direction in which the market is likely to move.

- The Mexican life insurance market is expected to generate total gross written premiums of $13.4bn in 2015, representing a compound annual growth rate (CAGR) of 9.2% between 2011 and 2015.

- The life insurance segment is expected to be the market's most lucrative in 2015, with total gross written premiums of $11.1bn, equivalent to 83% of the market's overall value.

- The good growth seen in this market in recent years has largely been driven by good economic growth in the country and a fast-growing middle class.

Features

- 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

- Macroeconomic indicators provide insight into general trends within the Mexico economy

Key Questions Answered

- What was the size of the Mexico life insurance market by value in 2015?

- What will be the size of the Mexico life insurance market in 2020?

- What factors are affecting the strength of competition in the Mexico life insurance market?

- How has the market performed over the last five years?

- Who are the top competitiors in Mexico's life insurance market?

Table Of Contents

Life Insurance in Mexico
TABLE OF CONTENTS
Executive Summary 2
Market value 2
Market value forecast 2
Category segmentation 2
Geography segmentation 2
Market share 2
Market rivalry 2
Market Overview 7
Market definition 7
Market analysis 7
Market Data 8
Market value 8
Market Segmentation 9
Category segmentation 9
Geography segmentation 10
Market share 11
Market Outlook 12
Market value forecast 12
Five Forces Analysis 13
Summary 13
Buyer power 14
Supplier power 15
New entrants 16
Threat of substitutes 17
Degree of rivalry 18
Leading Companies 19
Banamex 19
BBVA 22
Grupo Nacional Provincial, S.A.B. 26
MetLife, Inc. 29
Macroeconomic Indicators 32
Country Data 32
Methodology 34
Industry associations 35
Related MarketLine research 35
Appendix 36
About MarketLine 36

List of Tables
Table 1: Mexico life insurance market value: $ billion, 2011-15(e)
Table 2: Mexico life insurance market category segmentation: $ billion, 2015(e)
Table 3: Mexico life insurance market geography segmentation: $ billion, 2015(e)
Table 4: Mexico life insurance market share: % share, by value, 2015(e)
Table 5: Mexico life insurance market value forecast: $ billion, 2015-20
Table 6: Banamex : key facts
Table 7: Banamex : key financials ($)
Table 8: Banamex : key financials (MXN)
Table 9: Banamex : key financial ratios
Table 10: BBVA: key facts
Table 11: BBVA: key financials ($)
Table 12: BBVA: key financials (€)
Table 13: BBVA: key financial ratios
Table 14: Grupo Nacional Provincial, S.A.B.: key facts
Table 15: Grupo Nacional Provincial, S.A.B.: key financials ($)
Table 16: Grupo Nacional Provincial, S.A.B.: key financials (MXN)
Table 17: Grupo Nacional Provincial, S.A.B.: key financial ratios
Table 18: MetLife, Inc.: key facts
Table 19: MetLife, Inc.: key financials ($)
Table 20: MetLife, Inc.: key financial ratios
Table 21: Mexico size of population (million), 2011-15
Table 22: Mexico gdp (constant 2005 prices, $ billion), 2011-15
Table 23: Mexico gdp (current prices, $ billion), 2011-15
Table 24: Mexico inflation, 2011-15
Table 25: Mexico consumer price index (absolute), 2011-15
Table 26: Mexico exchange rate, 2011-15

List of Figures
Figure 1: Mexico life insurance market value: $ billion, 2011-15(e)
Figure 2: Mexico life insurance market category segmentation: % share, by value, 2015(e)
Figure 3: Mexico life insurance market geography segmentation: % share, by value, 2015(e)
Figure 4: Mexico life insurance market share: % share, by value, 2015(e)
Figure 5: Mexico life insurance market value forecast: $ billion, 2015-20
Figure 6: Forces driving competition in the life insurance market in Mexico, 2015
Figure 7: Drivers of buyer power in the life insurance market in Mexico, 2015
Figure 8: Drivers of supplier power in the life insurance market in Mexico, 2015
Figure 9: Factors influencing the likelihood of new entrants in the life insurance market in Mexico, 2015
Figure 10: Factors influencing the threat of substitutes in the life insurance market in Mexico, 2015
Figure 11: Drivers of degree of rivalry in the life insurance market in Mexico, 2015
Figure 12: Banamex : revenues and profitability
Figure 13: Banamex : assets and liabilities
Figure 14: BBVA: revenues and profitability
Figure 15: BBVA: assets and liabilities
Figure 16: Grupo Nacional Provincial, S.A.B.: revenues and profitability
Figure 17: Grupo Nacional Provincial, S.A.B.: assets and liabilities
Figure 18: MetLife, Inc.: revenues and profitability
Figure 19: MetLife, Inc.: assets and liabilities

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