Fitch: Mexican Insurance Outlook Stable for 2016

MONTERREY, Mexico–(BUSINESS WIRE)–Adequate performance in the short and medium term point to a stable outlook for the Mexican insurance sector in 2016, according to a new Fitch Ratings report. Fitch expects growth of the Mexican insurance and surety sector to be around 6% and 8%, respectively, in nominal terms. In addition, Fitch expects 3.3% growth for the Mexican economy as a whole in 2016. Losses caused by Hurricane Odile and Patricia have been adequately absorbed by the insurance industry
Source: BusinessWire-Primary

Fitch: Mexican Insurance Outlook Stable for 2016