Axa market leader for Mexico quake coverage
Axa Seguros is the largest writer of earthquake cover in Mexico,
followed by Seguros Banorte Generali and Seguros Inbursa, according
to data from AM Best.
The data shows 35 carriers wrote quake business in Mexico in
2016, with total gross written premiums of 16.8bn pesos as of
year-end. This was slightly down on the 17.4bn pesos recorded at
the end of 2015, driven in part by the devaluation of the Mexican
peso.
Other international carriers among the top 20
quake...
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