Mexican insurance market News

AM Best Keeps Negative Outlook on Mexico’s Insurance Industry

AM Best said it is maintaining its negative outlook on Mexico’s insurance market segment due to increased levels of inflation and slow GDP growth. AM Best’s analysts project 2% growth for the country’s insurance industry in 2022. The country’s premium …

Willis Appoints Baudouin as Mexico CEO

Willis Group Holdings plc has appointed John Baudouin as Chief Executive Officer (CEO) of its retail business in Mexico, effective immediately. He will “focus on driving the strategic vision for Willis in the region,” Willis said. “His priorities are to …

Best Establishes Latin American Subsidiary Based in Mexico City

A.M. Best Co. announced the incorporation of its new subsidiary, A.M. Best América Latina, S.A. de C.V. The new office will be located in the financial district of Mexico City at Paseo de la Reforma 412 and will service Central …