Business Insurance

Login  |  Register Subscribe


cbVid =

Good premium growth expected in Mexico in 2014: Fitch

December 11, 2013 - 6:00am


Fitch Ratings Inc. expects good premium growth in the Mexican insurance sector in 2014, partly due to an improved economic environment, BNamericas reported.

This will be mitigated by claims and extra costs related to new insurance rules and tax reform currently being discussed. The ratings agency expects 10% and 13% premium growth in 2013 and 2014, respectively. It also foresees mergers and acquisitions in the sector as not all insurers will be able to meet capital requirements.

Read more

 



You may also want to visit

International Content