Mexico

The country profile below provides information on population, gross domestic product, insurance premiums and leading insurers.

Insurance Association

Mexican Association of Insurance Institutions
Asociacion Mexicana de Instituciones de Seguros AC
Web: www.amis.com.mx

 

POPULATION, 2011-2014 (1)

Year Population
2011 113,724,226
2012 114,975,406
2013 116,220,947
2014 120,286,655

(1) Estimated.

Source: U.S. Central Intelligence Agency.

 

 

GROSS DOMESTIC PRODUCT, 2009-2013 (1)

Year GDP
2009 $1,578.0
2010 1,473.0
2011 1,560.0
2012 1,657.0
2013 1,845.0

(1) Based on Purchasing Power Parity calculations, which take into account the relative cost of living and inflation rates of countries. GDP estimate for July for each year shown.

Source: U.S. Central Intelligence Agency.

 

 

LIFE AND NONLIFE INSURANCE PREMIUMS, 2013

(U.S. $ millions)

  Direct premiums written
Nonlife premiums (1) $14,884
Life premiums 12,470
Total premiums $27,354
Percent of total world premiums 0.59%

(1) Includes accident and health insurance.

Source: Swiss Re, sigma, No. 3/2014.

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LEADING NONLIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company MXN Mn USD Mn
Inbursa  17,613.7 1,379.1
AXA Seguros  16,897.1 1,323.0
Qualitas  14,956.9 1,171.1
GNP  10,815.4 846.8
Mapfre Mexico  7,905.1 618.9
Banorte Generali  6,957.6 544.8
Aba/Seguros  6,033.7 472.4
Zurich Danos  5,450.7 426.8
BBVA Bancomer  4,936.8 386.5
Atlas  3,898.9 305.3

Source: Axco Insurance Information Services.

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LEADING LIFE INSURANCE COMPANIES, 2013

  Gross written premiums
Company MXN Mn USD Mn
Metlife Mexico  48,329.6 3,784.0
GNP  31,335.2 2,453.4
BBVA Bancomer  19,440.0 1,522.1
Banamex  19,216.5 1,504.6
Monterrey New York Life  16,941.5 1,326.5
Banorte Generali  15,382.5 1,204.4
AXA Seguros  13,595.9 1,064.5
Zurich Santander  7,101.7 556.0
Inbursa  6,126.5 479.7
Allianz Mexico  5,475.0 428.7

Source: Axco Insurance Information Services.

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