The Mexico Insurtech Summit 2026 brings together leaders, innovators and decision-makers who are transforming the insurance industry through technology. It is a space designed to discover how innovation, digitalization and new technological solutions are redefining the way we understand, operate and build the insurance of the future. During the event, sector executives, insurers, start-ups, investors…
Environmental, social and governance issues are a growing focus in Mexico, particularly social inclusion and transparency, followed by other governance and environmental matters. The financial sector has taken a leadership role in this space by pursuing voluntary initiatives to bolster anti-corruption efforts and encourage the adoption of ethics codes in the sectors in which it operates. It also…
After several years of innovation – notably the advent of new investment vehicles and the arrival of a second bourse – alongside the change in government at the end of 2018, the coming years are likely to be characterised by consolidation. Domestically, uncertainty around sectoral policies – specifically in energy, infrastructure and banking – of the administration of President Andrés Manuel…
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 in recent decades. Around…
Although the sector’s medium-term growth is likely to be impeded by weak economic conditions, the Mexican Association of Insurance Companies forecast that total premium would rise by 3.4% in 2019, though downgrades have been made in subsequent forecasts. This is likely to weigh most heavily on the non-life segment due to the impact of fiscal austerity on government spending. The life segment, meanwhile,…
Interview:Alejandro Díaz de León What internal and external factors contributed to Mexico’s economic slowdown, and what monetary policies can counterbalance their effects? ALEJANDRO DÍAZ DE LEÓN: The latest growth forecast from Banco de México (Banxico) estimates GDP growth to range between 0.2% and 0.7% for 2019, and between 1.5% and 2.5% in 2020. The forecast for 2019 reflects, in…
Interview:José-Oriol Bosch Par What strategies are being employed to increase foreign investment and financial inclusion? JOSÉ-ORIOL BOSCH: In January 2019 the government signed a decree that aims to boost the stock market and financial institutions for the benefit of entrepreneurs. The decree is focused on bringing young people into the financial services sector, encouraging share listing…
Interview:Mario Vela Berrondo How would you characterise the strength and resilience of the insurance industry in the face of external and internal economic challenges? MARIO VELA: Both the insurance industry and the broader economy have faced a number of challenges in recent years. However, the implementation of new initiatives, such as the Solvency II regulatory standards, has helped insurance…
Interview:Carlos Serrano What regulatory measures need to be taken to boost competitiveness, ease access to credit and spur socio-economic growth? CARLOS SERRANO: Mexico has a strong regulatory framework, especially with regard to prudential regulation, which has enabled the continued expansion of credit, robust capital and liquidity positions, as well as the entry of new agents. Nevertheless,…
Despite occurring a quarter of a century ago, Mexico’s financial crisis of 1994-95 continues to cast a long shadow over the sector. As consumer and business confidence collapsed, so did bank credit as a share of GDP. Bankers and their regulators adopted and promoted much more conservative lending practices, resulting in many consumers and smaller businesses being locked out of the formal financial…
