While central Mexico continues to recover from September's devastating earthquake, a natural disaster that left 361 dead, eight still missing and more than 2,000 injured, the nation's insurers are dealing with consequences of the catastrophe as well.

A new Fitch Ratings report says the Sept. 19 earthquake, along with other natural disasters this year, will contribute to an increase in Mexican insurers' claims ratio and affect profitability.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
Commercial Lines
E&S/Specialty
Loss Control
Personal Lines
Reinsurance
Weather Risk