Overview
- Mexico’s 2026 revenue law now bars insurers from crediting VAT paid to third‑party providers on claims, converting that tax into a direct cost and formalizing a deal that forgave prior liabilities and allows 2025 payments in 2026 installments.
- AMIS says it is premature to predict broad premium hikes, stressing that impacts will be company‑ and product‑specific, with auto, major medical and some property lines most exposed.
- Early market signals show uneven adjustments, with agents reporting about 35% increases for taxi and app‑driver policies and roughly 25–35% for some private policies, while effects vary by insurer and portfolio.
- General de Seguros says it will not raise prices “all at once” and is tailoring strategies by line of business, warning of pressures in autos and major medical and noting customers may opt for lower‑cost coverage.
- The national agents’ association reports initial adjustments such as 6–8% in some major medical products and explains that impacts depend on policy design, especially where insurers pay hospitals or repair shops directly.