Monday, On the Margin
Insurance; pension funds; e-commerce; SOCAPs; GDP; manufacturing and IMMEX; retail & wholesale trade; services; border crossings.
Insurance
Insurance companies reported a 15% year-over-year increase in total premiums during 2024, closing the year with over $927 billion pesos in written premiums.
The industry’s top five companies—GNP, MetLife, BBVA, Quálitas, and AXA—captured close to 45% of the market, and with the exception of MetLife, they all recorded double-digit growth rates.