Report Published: "Mexico Insurance Report Q2 2014"
In terms of important metrics such as overall penetration (premiums as a percentage of GDP), non-life penetration and life density (premiums per capita), Mexico's insurance sector has long been underdeveloped. This is because the companies within it are, to a significant extent, in competition with majors in the United States. Not coincidentally, MetLife's subsidiary in Mexico is unusual (for that group's businesses outside the United States) in that it is, by quite a margin, the largest player in the life...
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