“The inflation of auto parts, spare parts and labor was positioned at 7%. Which resulted in a 4.2% increase in the average cost of claims served“The firm said in its quarterly report.
The accident rate, which measures the clashes and costs for car theft, was 64.4% during 2024.
New cars sale promotes new hiring
The sale of new cars in Mexico helped the insurer to achieve 69,276 million pesos in premiums during the past year.
“The industry maintains its inertia of growth, although with a clear slowdown when compared to 2023, growing 10.3% year against year, including light vehicles and heavy equipment,” said the firm.
