Mexico s Market Evolution
|
|
- Megan Patience Bryant
- 8 years ago
- Views:
Transcription
1 MEXICO INSURANCE DAY OPPORTUNITIES PANEL Mexico s Market Evolution Luis J. Alvarez Marcen March, 13th 2012
2 Mexico s Market Evolution 2
3 Insurance Industry in Mexico Historical Penetration & Density 2.7% USD % 2.7 % 2.4% 2.3% % 2.0% % 1.8% 1.6% 1.6% Mexico s premiums per capita Region premiums per capita Mexico s premiums as % of GDP Region premiums as % of GDP Source:. Latinoinsurance 3
4 Insurance Industry Penetration & Density 4,912 4,009 3, % 7.65% 5.03% 4.07% NA 1.86% 166 United States OECD European Union Chile Mexico Penetration (premiums to GDP) Density (us dollar insurance spending per capita) Source: Organization of Economic Co-Operation and Development (OECD)
5 Insurance Industry in Mexico There are 101 Insurance Companies in Mexico. 30% Domestic Capital Foreing Capital 80% 70% 20% 1990 Premiums
6 Insurance Industry in Mexico Premiums as % of GDP Premiums USD Billions Source: AMIS 6
7 The Mexican Market NUMBER OF POLICIES AND INSURANCE CERTIFICATES, Rate variation Times Rate variation Times Rate variation Times Millions of Certificates Life Health P&C Source: CNSF; Anuarios Estadísticos
8 The Mexican Market MARKET CONCENTRATION HERFINDAHL INDEX. INSURANCE MEXICAN SECTOR ( ) Source: ABM Source: EstadisticAMIS. HERFINDAHL INDEX. MEXICAN SECTORS 5,174 4,146 3,744 3,660 2,917 2,664 2,415 2,390 2,386 7,300 7,180 7,091 2,269 2,229 2,166 1,337 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 Tiendas SEGUROS Automotriz Banca Cemento TV Abierta Telefonía Fija Telefonía Móvil Electricidad Minería Tiendas Comerciales Química y Alimentos Bebidas y Cervezas TV por Cable Holding
9 Insurance Industry in Mexico Premiums USD Billions 18 23% 16% 16% 4% 17 19% 19% 14% 4% 19 22% 18% 16% 7% 22 25% 22% 18% 7% 21 24% 21% 19% 8% Motor P&C Health Pension Life 41% 38% 42% 47% 46% Source:. AMIS 9
10 Insurance Industry in Mexico Distribution Channels, % 61% 54% 31% 40% 48% Agents Brokers Direct Selling Bancassurance 7% 39% 27% 20% Massive sale & Others 21% 11% 3% 5% 14% 10% 23% 25% 13% 3% 2% 4% 10% 14% 14% 4% Health Life P&C Motor Total Source:. AMIS
11 Insurance Industry in Mexico Premiums 2010 Net Earnings 2010 Bancassurance 17% Bancassurance 52% Traditional 83% Traditional 48% Bancassurance Traditional Bancassurance Traditional 66% 16% 7% 11% 24% 39% 18% 19% 43% 27% 17% 14% 65% 13% 22% 1% Motor Health P&C Life 11
12 Insurance Industry in Mexico There is a large unsatisfied demand which represents a great business opportunity Home Insurance Health Insurance Life Insurance Motor Insurance Only 4.5% of homes insured The mayor health insurance cover only 5.8% of the population 7.2 million people have individual life insurance Motor insurance protect the 26.5% of automobiles, since in Mexico there is no compulsory insurance NO HOME MORTGAGE LOANS ASSOCIATED INDIVIDUAL CONTRACTS REPRESENT ONLY 2% OF THE TOTAL POPULATION. INDIVIDUAL CONTRACTS REPRESENT 12.8% OF EMPLOYED. * Estimates with 2010 census data and those in the SESA
13 Insurance Industry in Mexico Cars Insured by entity 2010 INEGI cars registered Cars Insured % Total 32,338,820 8,350, % Michoacán 1,631, , % 5 w/ Low % Hidalgo 850,074 83, % Guerrero 714,651 62, % Zacatecas 504,833 39, % Baja California Sur 492,316 32, % Distrito Federal 4,166,756 2,044, % 5 w/ High % Nuevo León 1,975, , % Querétaro 458, , % Yucatán 513, , % Chihuahua 1,207, , % 13
14 Mexico s Profile Economy CAGR GDP (current million US$) 581,426 1,034,804 GDP per capita (current US$) 5,817 9, % 4.6% Inflation, consumer prices (annual %) Source: World Bank 14
15 Mexico s Profile Population * million % million % million % Total Population % % % Youth population (aged less than 15) 35 34% 32 28% 27 23% Adult population (aged more than 15 less than 65) 64 61% 74 66% 80 67% Elderly population (aged 65 and over) 5 5% 7 6% 12 10% Source: World Bank * Projection Consejo Nacional de Población (CONAPO) 15
16 Mexico s Profile Socioeconomic Regions Wealth index* % Population % # entities * Index considers: education, health, employment, housing, infraestructure Source: INEGI 16
17 Mexico s Profile Households Income Distribution Population Millions Percentaje Household income per month AB % + 6,538 usd C+ C % 2,692 6,538 usd 17.9% 893 2,692 usd D % usd D E % usd 6.7% usd 100% Source: AMAI / NIELSEN
18 Mexico s Profile Size of companies Small (11 50 employees) 0.22 millions = 4.5% Medium & Big (+51 employees) 0.03 millions = 0.5% Micro (1 10 employees) 4.8 millions = 95% Source: INEGI
19 Banking Domestic credit provided by banking sector (% of GDP) North America OCDE European Union China Asia Brasil Chile Latin America Mexico Source: International Monetary Fund (IMF)
20 Insurance Industry in Mexico Market Development Premiums as % of GDP Strategic Plan CAGR 9% 2.5% 2.2% Trend CAGR 7%
21 PRIMAS DIRECTAS POR OPERACIONES (MILLONES DE PESOS) 280, , ,000 75,000 50,000 25,000 0 Life Pensions Health Automóbile Property & Casualty DIC ,873 15,749 41,354 55,829 50, ,942 DIC ,589 15,849 37,213 50,060 39, ,389 NET INCREMENT TOTAL 12,284 (100) 4,141 5,769 10,458 32,553 % GROWTH 12.9 (0.6) PEMEX CONCILIATION Dñ S/A TOTAL 47, ,283 43, ,020 4,168 26, IN REAL TERMS, THE MARKET GREW AT A RATE OF 9.5% And WITH PEMEX CONCILIATION 6.8%
22 MARKET SHARE BY LINE OF BUSINESS 2011 FIGURES DAÑOS SIN AUTOS 18.5% VIDA 39.8% AUTOS 20.6% HEALTH 15.3% PENSIONS 5.8% LIFE AND HEALTH 164, %
23 INVESTMENTS (MILLIONS OF PESOS) DICIEMBRE ,052 MP INCR. 14.5% PRIVADAS 100,775 VAL. EXTR. 10,505 2% RTA VARIABLE 58,975 10% INMOB 9,783 1% OTROS 46,852 8% 1.03 times the reserves INCR. 16.3% ESTADO 338,036 RENTA FIJA % PTAMOS 21,127 4% DICIEMBRE ,960 MP PRIVADAS 86,688 ESTADO 290,599 RTA. FIJA 377,287 74% VAL. EXTR. 12,932 3% RTA VARIABLE 54,628 11% INMOB 10,250 1% OTROS 42,666 8% PTAMOS. 14,197 3%
24 TECHNICAL RESERVES DECEMBRR 2011 DECEMBER 2010 PENSIONS PENSIONS % 125, % 25.0% TRADICIONALES 367,722 TRADITIONALS 16.5% TRADITIONALS 74.5% 366, , % 75.0 % GROWTH 569,714 MP 492,438 MP 15.7%
25 Mexican Association of Insurance Institutions Strategic Plan Life Life and Disability / Social Security Tax Incentives Individual Retirement Plans Pensions National Pension System Annuities Motor Compulsory Insurance Property & Casualty Compulsory insurance Catastrophe insurance Health National Health System 25
26 26
27 Mexico s Market Evolution Luis J. Alvarez Marcen March 13th,
MEXICAN INSURANCE MARKET VIEW
MEXICAN INSURANCE MARKET VIEW MEXICO S MACROECONOMICAL ENVIRONMENT Mexico was ranked 28th of 139 countries in terms of macroeconomic environment, according to WEF s Global Competitiveness Report 2010-2011.
More informationAcquisition of Generali s Minority Participation in the Insurance and Annuities Business
Acquisition of s Minority Participation in the Insurance and Annuities Business Conference Call June 19 th, 2013 1 Transaction Highlights On June 11, 2013, Grupo Financiero Banorte, S.A.B. de C.V. ( GFNorte
More informationMIGRATION FACTS. Variable Impacts: State-level Analysis of the Slowdown in the Growth of Remittances to Mexico
The Migration Policy Institute is an independent, non-partisan, and non-profit think tank dedicated to the study of the movement of people worldwide. The institute provides analysis, development, and evaluation
More informationMexico in a Globalized World
Mexican Ministry of Finance and Public Credit Mexico in a Globalized World The University of Chicago May 27 1 Mexico in the Globalized Economy Globalization has changed the international landscape. Since
More informationThe attractions of Spain as an insurance market
The attractions of Spain as an insurance market Domingo Sugranyes, Executive Vice Chairman and CEO Goldman Sachs European Financials Conference Navigating the Sea of Change Puerto Banus, Spain, 8 June
More informationData on selected insurance markets
Data on selected insurance markets Economic Research Munich, March 205 Germany CAGR* 2004 204: 2.6% CAGR* 2004 204:.% Macroeconomics & wealth, 204 Asset classes as % of gross financial assets, 204 82.7mn
More informationCatastrophe Risk Insurance Pools: Opportunities and Challenges for the Mexican States
Seminario sobre Modelos de Gestión Financiera del Riesgo de Desastres para las Entidades Federativas en México Mexico, D.F. 1 de diciembre de 2011 Catastrophe Risk Insurance Pools: Opportunities and Challenges
More informationWhat does the future hold for smaller insurance companies? The Mexican Experience
What does the future hold for smaller insurance companies? The Mexican Experience Angeles Yanez, Act.,MSc.,PhD Luis Barros y Villa, Act., MBA Contents I. General Market II. Small Insurance Companies III.
More information3. Turkey Life and Non-Life Insurance Market Size by Value, 2001-2015
TABLE OF CONTENTS 1. Turkey Insurance Market Introduction 2. Turkey Insurance Market Structure 2.1. Number of Insurance Companies in Turkey, 2001-2009 2.2. Headcount in Turkey Insurance Sector, 2001-2009
More informationChilean Insurance Market Overview
Chilean Insurance Market Overview London, October 14 th, 2014 Jorge Claude Executive Vice President Asociación de Aseguradores de Chile Agenda 1. Chilean Economy & Insurance Market at a glance 2. Non-Life
More informationCurrent Situation and Future Perspective of Korean Insurance Industry. Dong-Han Chang (Vice President of KIAS)
Current Situation and Future Perspective of Korean Insurance Industry Dong-Han Chang (Vice President of KIAS) CONTENTS Ⅰ. Current Situation of Korean Insurance Industry Ⅱ. Future Perspective of Korean
More information2.1. Number of Insurance Companies in Poland, 2001-2009 2.2. Headcount in Poland Insurance Sector, 2001-2009
TABLE OF CONTENTS 1. Poland Insurance Market Introduction 2. Poland Insurance Market Structure 2.1. Number of Insurance Companies in Poland, 2001-2.2. Headcount in Poland Insurance Sector, 2001-3. Poland
More informationResults of Tourism Activity
Reporting Date: May 15, 2015 Results of Tourism Activity Mexico, March 2015 Costa, Oaxaca. San Blas, Nayarit. Centro de Convenciones Acapulco, Guerrero Loreto, Baja California Sur. Undersecretariat of
More informationUniversity of Colima, México.
MEXICO COLIMA University of Colima, México. Government Offices, Old Situation Government of Colima State,, México A New Era Of Management for the Government of Colima A New Era of Management for the Government
More informationLEADER BRANDS 2009. Information available at: www.boletin.com.mx/research. Positioning of the Brands in the Mexican IT Market.
LEADER BRANDS 2009 Positioning of the Brands in the Mexican IT Market. The human activity, like birds, has two wings: the wing of the wisdom and the wing of the method. The wisdom does give us the principles,
More informationIndustry Dynamics and Competitive Landscape in the Chilean Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2225332/ Industry Dynamics and Competitive Landscape in the Chilean Life Insurance Industry to 2016: Market Profile Description:
More informationHow To Improve The Mining Industry In Usa
MEXICO S MINING POLICY May 2014 MEXICAN MINING SECTOR DEVELOPMENT 2001-2012 Metal prices Competitiveness GDP Investment Employment Productivity Exports Increase of 209.2% 5th best mining investment destination
More informationIndustry Report 4Q14
1 Mexico City, February 17, 2015 Figures in this document are stated in millions of Mexican pesos, except where otherwise specified, so that they may vary due to rounding. 99% Introduction This report
More informationLockton Mexico An Overview
Lockton Mexico An Overview L O C K T O N M E X I C O Who are we? The largest privately held, independent insurance broker in the world. Our unique structure Private and independent, allows us to provide
More informationTELECOMMUNICATIONS IN MEXICO THREE YEARS AFTER THE CONSTITUTIONAL REFORM
TELECOMMUNICATIONS IN MEXICO THREE YEARS AFTER THE CONSTITUTIONAL REFORM TELECOMMUNICATIONS IN MEXICO THREE YEARS AFTER THE CONSTITUTIONAL REFORM 3 Telecommunications in Mexico. Three Years After the
More information2. China Life and Non-Life Insurance Market Size by Value, 2008-2015
TABLE OF CONTENTS 1. China Insurance Market Introduction 2. China Life and Non-Life Insurance Market Size by Value, 2008-2015 3. China Life and Non-Life Insurance Density, Premium per Capita, USD, 2001-2015
More informationIndustry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2225374/ Industry Dynamics and Competitive Landscape in the Chilean Non-Life Insurance Industry to 2016: Market Profile Description:
More informationFinancial Intermediaries
Financial Intermediaries L E A R N I N G O B J E C T I V E 1. In what ways can financial intermediaries be classified? Like financial markets, financial intermediaries are highly specialized. Sometimes
More information2.1. Number of Insurance Companies in Portugal, 2001-2009 2.2. Headcount in Portugal Insurance Sector, 2001-2009
TABLE OF CONTENTS 1. Portugal Insurance Market Introduction 2. Portugal Insurance Market Structure 2.1. Number of Insurance Companies in Portugal, 2001-2009 2.2. Headcount in Portugal Insurance Sector,
More informationThree Continuing Years of Proven Success!
Three Continuing Years of Proven Success! Thanks to your valuable participation, Mexico WindPower 2014 was a great success, consolidating its reputation as the most important wind power event in Mexico
More informationGLOBAL WEALTH & INSURANCE. September 25, 2013
GLOBAL WEALTH & INSURANCE September 25, 2013 Global Wealth & Insurance Investor Day September 2013 Global Insurance Chris Hodgson Group Head Global Wealth & Insurance Agenda The business today Our positioning
More informationMexico: A developing market growth story
Mexico: A developing market growth story By LII Editorial 19 December 2011 By most standards, Mexico s life insurance market has enjoyed robust growth over the past decade, driven to a large extent by
More informationCAPACITY BUILDING FOR RECYCLING - BASED ECONOMY IN APEC MEXICO
CAPACITY BUILDING FOR RECYCLING - BASED ECONOMY IN APEC PLANNING WORKSHOP MEXICO HAKONE, JAPAN AUGUST 30 SEPTEMBER 1 166 SOLID WASTE IN MEXICO 167 PALENQUE 168 MEXICO BAJA CALIFORNIA NORTE SONORA CHIHUAHUA
More informationFINANCIAL INCLUSION REPORT December 2009
3 4 FINANCIAL INCLUSION REPORT December 2009 National Banking and Securities Commission President Guillermo Babatz Torres Vice-president of Regulatory Policies General Direction on Access to Financial
More informationIndustry Dynamics and Competitive Landscape in Argentina Life Insurance Industry to 2017: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2669625/ Industry Dynamics and Competitive Landscape in Argentina Life Insurance Industry to 2017: Market Profile Description: Synopsis
More informationChallenges and Opportunities for the Pension Funds System in Mexico
Challenges and Opportunities for the Pension Funds System in Mexico MEXICO PE DAY AMEXCAP June, 2014 Contents I. Introduction II. Overview of the Mexican Pension System (SAR) III. Investment regime IV.
More informationINFONAVIT. Alejandro Murat Hinojosa
INFONAVIT Alejandro Murat Hinojosa INSTITUTO DEL FONDO NACIONAL DE LA VIVIENDA PARA LOS TRABAJADORES This presentation may contain forward looking statements. These statements may include the plans and
More informationIMPACT OF MICROINSURANCE REGULATION IN PERU. Carla Chiappe Villegas Superintendency of Banking, Insurance and Private Pensions Funds Administrators
IMPACT OF MICROINSURANCE REGULATION IN PERU Carla Chiappe Villegas Superintendency of Banking, Insurance and Private Pensions Funds Administrators Superficie: 1 285 216 Km2 Población Total: 29 461 933
More informationMexico. Wirtschaftliche Entwicklung und Energiemarkt in Mexiko. Erwin Feldhaus Director CEE
Mexico Wirtschaftliche Entwicklung und Energiemarkt in Mexiko Erwin Feldhaus Director CEE Land and people Young and dynamic Mexico is a big country Mexico covers 2 million km 2, making it the 14 th largest
More informationEl Fondo de Garantía de Sustentabilidad del Sistema Integrado Previsional Argentino Argentine Public Pension Fund
El Fondo de Garantía de Sustentabilidad del Sistema Integrado Previsional Argentino Argentine Public Pension Fund Recent social security history 1993 September 2007 June Creation of Private Fully Funded
More informationLife Bancassurance in Latin America: Protection-Related Life Insurance
Life Bancassurance in Latin America: Protection-Related Life Insurance Report Prospectus April 2013 Finaccord, 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page What is
More informationMonetary Policy Outlook in a Negative Rates Environment Mr. Javier Guzmán Calafell, Deputy Governor, Banco de México J.P. Morgan Investor Seminar
Mr. Javier Guzmán Calafell, Deputy Governor, Banco de México J.P. Morgan Investor Seminar Washington, DC, 15 April 2016 Outline 1 External Conditions 2 Macroeconomic Policy in Mexico 3 Evolution and Outlook
More informationLBBW Mexico. March, 2013
LBBW Mexico March, 2013 00. Monat 20XX, Titel der Präsentation, Referent, Seite 1 Presentation LBBW International Business,Page 1 Landesbank Baden-Württemberg Mexico 00. Monat 20XX, Titel der Präsentation,
More informationThe Mexican Economy: Facts and Opportunities
Manuel Sánchez Santander Global Fixed Income Summit London, England, September 20, 2012 Contents 1 Structural features 2 Recent developments and outlook 3 Inflation and monetary policy 4 Economic challenges
More informationHuman Development Research Paper 2010/23 Advances in sub national measurement of the Human Development Index: The case of Mexico
Human Development Research Paper 2010/23 Advances in sub national measurement of the Human Development Index: The case of Mexico Rodolfo de la Torre and Hector Moreno United Nations Development Programme
More informationAustralia-Mexico Infrastructure Finance Forum 2016
RECENT REFORMS GOVERNING AFORES INVESTMENTS Australia-Mexico Infrastructure Finance Forum 2016 Carlos Ramírez Fuentes TW: @CarlosRamirezF contents I. Introduction II. Why should pension funds invest in
More informationMexican National Strategy on Financial Education
Mexican National Strategy on Financial Education Germán Saldívar Osorio Deputy General Director of Savings and Financial Regulation Ministry of Finance, Mexico December 2009 Mexico Colombia China Brazil
More informationAs of May, mortgage loans have advanced 20%
Jul 1 Real Estate As of May, mortgage loans have advanced % Fernando Balbuena / Samuel Vázquez Introduction As of May 1, the number of mortgages had risen by 19.7% with respect to the same period in 1,
More informationHow To Understand The Economic And Social Costs Of Living In Australia
Australia s retirement provision: the decumulation challenge John Piggott Director CEPAR Outline of talk Introduction to Australian retirement policy Issues in Longevity Current retirement products in
More informationThe Mexican Model: Health Policy Frame
Contents The Mexican Model Alto TB Mexico Alto TB at state level Implemented strategies Financial protection Assuring detection and cure TB/HIV-AIDS DOTS Network Advocacy, communication and social mobilisation
More informationU.S. Commercial Service / U.S. Department of Commerce U.S. Embassy - Mexico. Selling into Mexico s Automotive Supply Chain
U.S. Commercial Service / U.S. Department of Commerce U.S. Embassy - Mexico in cooperation with Advanced Business Events Present Selling into Mexico s Automotive Supply Chain featuring November 4, 2014
More informationFocus on China Market and Pursue Sustainable Value Growth
Focus on China Market and Pursue Sustainable Value Growth (Beginning) Distinguished guests, ladies and gentlemen: Good morning. I 'm Wu Zongmin, from China Pacific Property Insurance Company Limited (CPIC
More informationPersonal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016
Personal Accident and Health Insurance in Malaysia, Key Trends and Opportunities to 2016 Market Intelligence Report Reference code: IS0055MR Published: September 2012 www.timetric.com Timetric John Carpenter
More informationTHE AERONAUTIC INDUSTRY IN MEXICO : DEVELOPPMENT AND POTENTIAL PROHIBIDA LA REPRODUCCIÓN TOTAL O PARCIAL DE ESTE DOCUMENTO
THE AERONAUTIC INDUSTRY IN MEXICO : DEVELOPPMENT AND POTENTIAL C O N T E N T Presentation The Global Aerospace Markets The Aerospace Industry in Mexico - At the glance - Challenges - The National Strategic
More informationSession 55 PD, Actuaries and the International Market. Moderator/Presenter: Ian G. Duncan, FSA, FIA, FCIA, MAAA
Session 55 PD, Actuaries and the International Market Moderator/Presenter: Ian G. Duncan, FSA, FIA, FCIA, MAAA Presenters: Jorge A. Alvidrez, ASA, MAAA Jeremiah D. Reuter, ASA, MAAA Actuaries and the International
More informationIndustry Report 3Q15
1 Mexico City, November 13, 2015 Figures in this document are stated in millions of Mexican pesos, except where otherwise specified, so that they may vary due to rounding. 99% Introduction Throughout this
More informationLife Insurance Market Report - India
Brochure More information from http://www.researchandmarkets.com/reports/1839253/ Life Insurance Market Report - India Description: The Indian life insurance sector has grown at a fast pace since liberalisation
More informationConsolidating Market 1
Consolidating Market 1 Mexico City, July 5, 2011. Automobile Market 2 2 During the first three months of 2011, sales of new automobiles amounted to 218,824 units, a 12.7% growth vis-à-vis the figure for
More informationSri Lankan Insurance Industry Analysis
Brochure More information from http://www.researchandmarkets.com/reports/2261971/ Sri Lankan Insurance Industry Analysis Description: Sri Lanka insurance industry is witnessing a strong growth inclination
More informationMexico Trade and Economic Overview (June 2015)
Mexico Trade and Economic Overview (June 2015) 1. Economic performance The Mexican economy is highly concentrated in services, accounting for 62% of GDP, then industry 34% and agriculture only 4%. Mexico
More informationCountry profile. Mexico
WHO Report on the Global Tobacco Epidemic, 2015 Country profile Mexico WHO Framework Convention on Tobacco Control (WHO FCTC) status Date of signature 12 August 2003 Date of ratification (or legal equivalent)
More informationAssociation of British Insurers UK Insurance Key Facts. UK Insurance KEY FACTS
September 2013 Association of British Insurers UK Insurance Key Facts UK Insurance KEY FACTS 2013 abi.org.uk @BritishInsurers 3 Association of British Insurers UK Insurance Key Facts September 2013 About
More informationGlobal Insurance CONTENTS. Report Synopsis. Industry Surveys. March 2006. 1. Executive Summary 10. 2. Highlights 12
Industry Surveys Global Insurance www.reportsure.com March 2006 Report Synopsis In 2004 insurance premiums accounted for nearly 8% of global GDP, with a value of USD 3,244 billion. The industry grew by
More informationSustained leadership in life insurance. September 2011
Sustained leadership in life insurance September 2011 Agenda Industry overview and outlook Recent market developments ICICI Prudential: Strategic elements Performance snapshot 2 Agenda Industry overview
More informationIndustry Dynamics and Competitive Landscape in the Colombia Life Insurance Industry to 2017: Market Profile
Brochure More information from http://www.researchandmarkets.com/reports/2682821/ Industry Dynamics and Competitive Landscape in the Colombia Life Insurance Industry to 2017: Market Profile Description:
More informationRecent Developments and Outlook for the Mexican Economy Credit Suisse, 2016 Macro Conference April 19, 2016
Credit Suisse, Macro Conference April 19, Outline 1 Inflation and Monetary Policy 2 Recent Developments and Outlook for the Mexican Economy 3 Final Remarks 2 In line with its constitutional mandate, the
More informationThe Future of Mobile Networks
The Future of Mobile Networks by Ernesto Piedras CEO November 2009 San Diego, CA Opportunities and Challenges Value-Added Services (VAS) Supply Low ARPUs and diminishing Increase in mobile penetration
More informationHow To Invest In Panin Life
June 4 th 2013 Koichiro Watanabe President and Representative Director The Dai-ichi Life Insurance Company, Limited Code: 8750 (TSE First section) Investment in an Indonesian Life Insurance Company, PT
More informationNEW REGULATION IN THE MEXICAN INSURANCE MARKET
NEW REGULATION IN THE MEXICAN INSURANCE MARKET Alejandra Quintos Lima Advisor: Prof. Lourdes Casanova CienciAmerica/Mexico research program August, 2014 Introduction Introduction In recent months, Mexican
More informationSulAmérica. UBS Global Healthcare Services Conference February 11-13, 2008 New York
SulAmérica UBS Global Healthcare Services Conference February 11-13, 2008 New York Disclaimer The material that follows is a presentation of general background information about Sul América S.A. ( SulAmérica
More informationInstitutional Presentation
Institutional Presentation SulAmérica and Industry SULAMÉRICA A DIFFERENTIATED APPROACH Largest independent Brazilian insurer, leveraging strong brand reputation with a multiline model: One Stop Shop,
More informationBIG DATA: THE INTERNET OF THINGS OPPORTUNITIES IN INSURANCE
BIG DATA: THE INTERNET OF THINGS OPPORTUNITIES IN INSURANCE JUNE 2015 JOSHUA SIEGEL DIRECTOR, EMC PROFESSIONAL SERVICES 1 The World Is Changing All Around Us No longer dumb, our things are rapidly becoming
More informationHousehold Debt in the U.S.: 2000 to 2011
Household Debt in the U.S.: 2000 to 2011 By Marina Vornovytskyy, Alfred Gottschalck, and Adam Smith Debt is an important financial tool used by U.S. households to finance their purchases. Households often
More informationFinancial Inclusion Report
Financial Inclusion Report 5 2013 1 5 2013 2013 NATIONAL COUNCIL FOR FINANCIAL INCLUSION Luis Videgaray Caso, Minister of Finance (SHCP) Fernando Aportela Rodríguez, Vice-Minister of Finance (SHCP) Mario
More informationIndex. Copyright material from - licensed to npg - PalgraveConnect - 2016-09-16
Index AMIA (Mexican Association of the Automotive Industry), 90, 108 automobile demand ageing of population, 9 emerging economies, 206 7 financing, 8 post-recession, 1 2 role of income distribution and
More informationHow To Get A Health Care Plan In Colombia
3rd ISPOR Latin America September 2011 México City, México Jorge Augusto Diaz Rojas, MSc, PhD candidate Associate professor Universidad Nacional de Colombia, Bogotá, D.C.,Colombia. Population Projection
More informationInstitutional Presentation June 13
Institutional Presentation June 13 BB Seguridade Largest Insurance, Pension and Premium Bonds Company in Latin America Fast Growing with High Profitability Largest Insurance Broker in Latin America Largest
More informationPricing and Product Issues in Latin American Personal Lines Insurance
Pricing and Product Issues in Latin American Personal Lines Insurance Casualty Actuarial Society's Ratemaking and Product Management Seminar By Eduardo Esteva Lidia Leonardi March 21, 2012 2011 Towers
More informationInstitutional Presentation 1Q13
Institutional Presentation BB Seguridade Largest Insurance, Pension and Premium Bonds Company in Latin America Fast Growing with High Profitability Largest Insurance Broker in Latin America Largest Life
More informationDealer. Línea Integral Autos Car Line Program. Autos (LIA): Línea Integral. The Wholesale Plan: The Retail Plan: Inventory 0 % Inventory Sales
Automotive Sector Introduction Grupo Bancolombia is the financial partner for the Automotive Sector in Colombia and has a comprehensive portfolio designed according to your needs and those of agents that
More informationRecent trends of dynamically growing and developing life insurance markets in Asia
Recent trends of dynamically growing and developing life insurance markets in Asia Tomikazu HIRAGA, Ph.D. and LL.M. General Manager for Asia, NLI Research Institute Asia is a growth market where foreign
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationAgricultural Catastrophic Insurance for Poor Farmers in Perú. Lourdes del Carpio Manager, Agricultural Insurance Rio de Janeiro, November 2011
Agricultural Catastrophic Insurance for Poor Farmers in Perú Lourdes del Carpio Manager, Agricultural Insurance p g, g Rio de Janeiro, November 2011 La Positiva Seguros Who we are? La Positiva Seguros
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More information2007 SOA Spring Meeting
2007 SOA Spring Meeting The Many Ways of Selling Insurance Through Banks October 17 Presented by: Keith Dall, FSA, MAAA - Milliman, Inc. Chris Hause Hause Actuarial Solutions, Inc. Tim Neumann BankWest
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationHow To Understand The Insurance Market In The United States
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More informationNumber of Insurance Companies. U.S. Premiums by NAIC Financial Statement Type. U.S. Premiums by IDRR Premium Type. Insurance Department Data
The mission of the National Association of Commissioners (NAIC) is to assist state insurance regulators, individually and collectively, in serving the public interest and achieving the following fundamental
More information2. Italy Life and Non-Life Insurance Market Size by Value, 2001-2015
TABLE OF CONTENTS 1. Italy Insurance Market Introduction 2. Italy Life and Non-Life Insurance Market Size by Value, 2001-2015 3. Italy Life and Non-Life Insurance Density, Premium Per Capita, USD, 2001-2015
More informationGFNORTE 3Q13 Results. Conference Call October 25 th, 2013.
GFNORTE Results Conference Call October 25 th, 2013. Material Events Organizational Changes. As part of ongoing efforts to focus the organization towards a client-centered business model, the following
More informationSTATUS OF EDUCATION FOR OUT OF SCHOOL ADULTS IN MEXICO
DIFID-WB Collaboration on Knowledge and Skills in the New Economy STATUS OF EDUCATION FOR OUT OF SCHOOL ADULTS IN MEXICO By Roger Díaz de Cossío and Alfonso Ramón Bagur SEPTEMBER 8, 2003 i PREFACE This
More informationClient Checklist. local tax withholding, retirement contributions, benefits, Tax Planning.
Client Checklist We request you provide the following information in order to establish your financial goals and objectives and to support our analysis and calculations. Every item has its purpose as annotated.
More informationLife Bancassurance in the Asia-Pacific Region: Protection-Related Life Insurance
Life Bancassurance in the Asia-Pacific Region: Protection-Related Life Insurance Report Prospectus March 2013 Finaccord, 2013 Web: www.finaccord.com. E-mail: info@finaccord.com 1 Prospectus contents Page
More informationVIETNAMESE INSURANCE MARKET
VIETNAMESE INSURANCE MARKET Tran Thanh Tu Deputy Director Insurance Research and Training Center Insurance Supervisory Authority of Vietnam 1 AGENDA Market Overview Market History Market Performance Supervisory
More information