The Mexican Association of Insurance Institutions (AMIS) projected on October 28, 2026 growth of close to 14% in the constitutive amounts of annuities for 2027, a segment in which Mexican insurers already pay more than 600,000 pensions and whose technical reserves represent around 28% of the sector.
The calculation rests on a demographic trend that the industry describes as structural. In an interview with Expansión published on November 3, AMIS linked the phenomenon to falling birth rates and rising life expectancy: more and more families have members over 80 years old and must finance more years of retirement. For Mexico the data matters because decumulation instruments, the ones that convert savings into a lifelong payment, organize household income after working life and transfer longevity risk to the insurer. The association adds that companies constantly review the two risks of old age: sustaining income and covering medical expenses.
The regulator's figures confirm the dynamism. Pension premium placement grew 7.6% in real terms between April and June 2026 compared with the same period a year earlier, with 23,503 million pesos paid, according to data from the National Insurance and Surety Commission (CNSF) cited by Expansión. Norma Alicia Rosas, general director of AMIS, told Uno TV that pension reserves stand at around 28% of the sector and that the forecast for 2027 brings them close to 30%, with more than 600,000 pensions paid by insurers. In medical expenses, CNSF figures count 15.2 million insured risks at the close of the quarter, versus 16.2 million a year earlier, a line the industry positions as a complement to annuities.
The sector's calendar points to 2027: AMIS projects that constitutive amounts will grow close to 14% and that pension reserves will approach 30% of the total. The conversation that follows, according to the association itself, centers on products that combine lifelong income and medical coverage for a steadily aging population.
This article was written with the assistance of artificial intelligence from verified sources and reviewed by a human editor before publication.