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International

Mexico: Energy reforms to electrify insurance demand, says Fitch

November 20, 2014 Reprints

Fitch Ratings Ltd. has said that the upcoming reforms in Mexico's energy sector would power insurance demand in the country, reported Milenio.com.

Eduardo Recinos, analyst at Fitch, said investments in the energy sector would increase the take-up of specialized protection instruments. Meanwhile, Lloyd's of London said that with regards to the expected energy standards, Mexico's insurance sector is projected to grow considerably in the next 10 years, with an increase of around 50% in premiums.

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Mexico: Energy reforms to electrify insurance demand, says Fitch

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