The Mexican Insurance Market

 

 

Quick overview

  • Although Mexico is the second national market in Latin America, with one of the highest rates of economic growth since 1995, insurance penetration is below the average for the region, standing in 2010 at 1.9 per cent of the country’s GDP.
  • The low penetration of insurance is explained by both the nature of Mexico as a nation and market and the specific development of the insurance industry in the country.

Source: Oxford University

    

Some companies in the market

    Insurance Companies

    A.N.A. Compañía de Seguros, S.A. de C.V. Agroasemex, S.A. AIG Seguros México, S.A. de C.V. Allianz México, S.A., Compañía de Seguros Armour Secure Insurance, S.A. de C.V. Aseguradora Aserta, S.A. de C.V., Grupo Financiero Aserta Aseguradora Insurgentes, S.A. de C.V., Grupo Financiero Aserta Aseguradora Patrimonial Daños, S.A. Aseguradora Patrimonial Vida, S.A. de C.V. Aserta Seguros Vida, S.A. de C.V., Grupo Financiero Aserta Assurant Daños México, S.A. Assurant Vida México, S.A. Atradius Seguros de Crédito, S.A. AXA Seguros, S.A. de C.V. Berkley International Seguros México, S.A. de C.V. BUPA México, Compañía de Seguros, S.A. de C.V. Cardif México Seguros de Vida, S.A. de C.V. Cardif México Seguros Generales, S.A. de C.V. CESCE México, S.A. de C.V. Chubb Fianzas Monterrey, Aseguradora de Caución, S.A., …

    Brokers

          

    Other useful links

        

    A few facts about Mexico

    • Country: Mexico
    • Capital: Mexico City
    • Largest city: Mexico City
    • Population: 126,014,024 (2020 estimate)
    • Official language: Spanish
    • Currency: Mexican Peso (MXN)

       

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