Get The Free Sample Complete
SWOT & PESTLE Analysis Report
This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing.
Get this report delivered straight into your email inbox for free. You also agree to receive email updates from us on our new reports and solutions.
Get Your Free Summary Copy of the
SWOT & PESTLE Analysis Report
Get the summary SWOT & PESTLE.com report delivered straight to your email inbox for free.
Our insightful and holistic reports have helped corporates, academia and researchers take their research forward. You also agree to receive email updates from us on our new reports and solutions.

Swiss Re SWOT & PESTLE Analysis

ID : 52167253| Oct 2018| 15 pages

COMPANY PROFILE -Swiss Re

Business Sector :Banking & Financial Services

Operating Geography :Europe, Switzerland, Global

About Swiss Re :

Swiss Reinsurance, abbreviated as Swiss Re, is an over 150year old reinsurance company founded in the year 1863, headquartered in Zurich, Switzerland. Swiss Reinsurance is one of the largest reinsurance company consisting of three business units: Reinsurance, Corporate Solutions, and Swiss Re Life capital and employing more than 14485 employees as of 2018. The Swiss Re Group is a leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer. The company has its presence across the globe in 25 countries with a client-centric model which include insurance companies, corporations, the public sector institutions and policy holders. The company ranks 504 on Forbes list of Global 2000 in 2018.
Swiss Re’s USP or unique selling proposition lies in being the world’s leading wholesale provider of reinsurance, insurance and other insurance-based forms of risk transfer with over 150 years of experience in the risk transfer business. Swiss Re’s mission reads “Together we apply fresh perspective, knowledge and capital to anticipate and manage risk. That’s how we create smarter solutions for our clients, helping the world rebuild, renew and move forward.” Swiss Re Group’s vision statement reads “We make the world more resilient.”

Swiss Re Revenue :


Net Income
USD $331 million – FY ending 31st December 2017
USD $3558 million – FY ending 31st December 2016

Competitive Analysis of Swiss Re

SWOT
PESTLE
The SWOT Analysis for Swiss Re is presented below:
Strengths
Weaknesses
1. Consistent performance in financials and continual maintenance of shareholder value
2. Strong dominance in global reinsurance sector
3. Extending geographical diversification and global partnerships to broaden client base
4. Extensive research and development capabilities to develop innovative solutions and publish research papers
5. Sustainability leader in the Insurance industry with innovative solutions for environmental and social challenges
1. Declining trend in operating income and revenue
2. Paying more claims and costs than collection of premium in few business units
Opportunities
Threats
1. Penetrate into underinsured and uninsured areas
2. Opportunities in Frontier markets which have growing insurance sector
3. The use of increased reserve balance to expand and diversify
1. Facing strong competition with the drop in renewal businesses
2. Minimal global economic growth with continued low interest rates leading to a decline in premium rates
3. The increase in natural and man-made disasters affecting operating income
4. The impact of Brexit might have immediate regulatory compliance issue in the UK market
SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Detailed SWOT Analysis of Swiss Re

 

Strength

1. Good performance in market capitalization, cash generation and continual maintenance of shareholder value: The premium earned and fee income shows a rise from previous year’s value of $33.714 billion depicting growth in business lines. The Group continues to have strong market capitalisation with solvency test ratio above the respectability level of 269%. However, there is a dip in annual return on investment from 3.4% to 2.6%, and net income from $3.6 billion in 2016 to $0.33 billion in 2017, mainly due to huge losses in natural catastrophes and man-made losses. The Group continues to maintain its shareholder value by increasing its dividend to $5 as compared to $4.85 in the previous year. The gross cash generation was grew to 998 million as compared to 720 million in 2016.

2. Strong Dominance in global reinsurance sector: The Company bagged second position in Top 50 Global Reinsurance Groups in 2016 ranked by A.M. The Swiss insurer best projected its continuous dominance in the market by being in top 10 for a couple of consecutive years. The company is ranked 504 by Forbes list of Global 2000 and ranked 257 by Fortune Global 500 in 2018. The company has won the Insurance ERM awards in 2018. The company also has won two major awards at the Reactions North America 2016 Gala Awards: 'Best Casualty Reinsurer' and 'Best Specialty Reinsurer'.

3. Strategic alliances to diversify business portfolio as well as geographical presence: The Company is diversifying and broadening its client base by accessing new emerging markets, new clients, and new risks. It is extending its global partnership with public sector institutions such as government, international development institutions, and NGOs which have different needs as compared to those of insurers and corporate clients, by aligning its business model accordingly. For instance the company is partnering to promote sustainable farming by helping small farmers. It is also targeting high growth market to increase its contribution to premiums. The Company extends its help to clients in dealing with new emerging risks such as exposure to cyber risks. The company is also eyeing for geographical diversification and extending its base to frontier markets such as Sub-Saharan Africa, the Middle East, Southeast Asia, etc. which are small economies with low income level but emerging insurance markets.The company has plans to acquire minority stake with Kenyan insurer Britam. Zurich-based Swiss Re has also set its eyes on the mature savings business of Legal & General Group (L&G) for £650m in 2017.

This rest of this section is available only in the 'Complete Report' on purchase.

Weakness

This section is available only in the 'Complete Report' on purchase.

Opportunity

This section is available only in the 'Complete Report' on purchase.

Threat

1. Facing strong competition with the drop in renewal businesses: Swiss Re has strong competition in the industry from major players such as Munich Re, Hannover Re, SCOR Re, Berkshire Hathaway Inc. The Company also faced 18% drop in renewal businesses in 2017. The competition is intensified with the increase in participation by small and local reinsurers targeting the same risk factors. In recent market scenario dominated by strong analytics and innovation incumbents from other sectors are actively looking to enter and disrupt insurance by leveraging their leadership in access to customer data and analytics capabilities. The whole insurance value chain is highly competitive with these digital initiatives and major companies increasingly spending in R&D and innovation to achieve competitive advantage.

2. Minimal global economic growth with continued low interest rates leading to a decline in premium rates: The negative and lowered interest rate in some economies hinder growth making their product less attractive resulting in reduced sales, and thus leading to an accelerated decline in premium rates. The slowdown in the global economy is also hindering the demand for non-life insurance cover challenging short terms and medium term growth. The global economy is likely to show only moderate growth, with the divergences persisting between the steady growth in many industrialized countries and the continuing weakness of many emerging economies in 2017 as well as in 2018.

The rest of this section is available only in the 'Complete Report' on purchase.

SWOT & PESTLE (combined)
Complete Report
USD 12.53
*
  • with PayPal
  • with Debit/Credit card
Great quality, Affordable pricing.
Safe and secure payments
On purchase, the report will reach your email inbox within minutes. At rare times, a slight delay not exceeding 4 hours might be caused.

Check Out Analysis of Other Relevant Companies

TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
How to Reference This Page?

You can use the following in your reference section in order to give credit to the source. For different referencing styles and detailed guidelines, please click here.

Swiss Re SWOT & PESTLE Analysis - SWOT & PESTLE.COM

SWOT & PESTLE.com (2020). Swiss Re SWOT & PESTLE Analysis - SWOT & PESTLE.com. [online] Available at: https://www.swotandpestle.com/swiss-re/ [Accessed 09 Aug, 2020].

In-text: (SWOT & PESTLE.com, 2020)

Copyrights and Disclaimer

Swiss Re SWOT and PESTLE analysis has been conducted by Deepika Rltalreja and reviewed by senior analysts from Barakaat Consulting.

Copyright of Swiss Re SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

Copyright of Swiss Re SWOT and PESTLE Analysis is the property of Barakaat Consulting. Please refer to the Terms and Conditions and Disclaimer for usage guidelines.

You might also like to check out :
Swiss Re SWOT & PESTLE Analysis
Price : USD 12.53