From 2024 to 2028, the forecasted total gross direct insurance premiums in Mexico show a steady annual increase. Starting at 268.48 US Dollars Per Capita in 2024, the premiums are expected to reach 293.32 US Dollars Per Capita by 2028. Year-on-year percentages highlight a consistent growth trend: 2.33% from 2024 to 2025, 2.26% from 2025 to 2026, 2.20% from 2026 to 2027, and 2.15% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) for this five-year period stands at approximately 2.23%. As of 2023, the actual value was 262.69 US Dollars Per Capita.
Future trends to watch for include the potential influence of economic changes on disposable income, regulatory impacts on the insurance landscape, and technological advancements in underwriting and claims processing. Monitoring these factors will help provide further insights into the sustainability of the growth in insurance premiums.
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