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Although the world remains largely dependent upon fossil fuels for power generation, a gradual transition towards renewable sources has been taking place since the 1990s, underpinned by multilateral deals such as the Kyoto Protocol, the Doha Amendment and, more recently, the Paris Agreement. Investment and development in renewable technologies has historically been led by...

Since the last major financial crisis in 1994-95, Mexico has seen the emergence of a banking sector characterised by robust regulation, with high levels of capitalisation and profitability. While economic growth has slowed over the past half-decade and monetary policy has tightened in more recent years (see Economy chapter), credit growth remains robust, leading to an improved...

The period of easily raising funds from abroad seems to be coming to an end for emerging markets around the world. In the new environment of higher interest rates in the US and increased competition for capital flows, portfolio managers are becoming more selective with where they place their money.

What strategies are being employed to increase foreign investment and financial inclusion?

Mexico is very much a multi-risk insurance market. In addition to natural disasters such as earthquakes, active volcanoes, hurricanes and tsunamis, high levels of organised crime in certain parts of the country pose a constant risk to individuals and property. Despite this high potential for growth, the sector’s development has been held back by disappointing economic growth...

How would you characterise the strength and resilience of the insurance industry in the face of external and internal economic challenges?

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