Swiss Re SWOT Analysis, Competitors & USP

Swiss Re

Parent Company

Swiss Re Group

Category

Diversified Insurance

Sector

Banking & Financial Services

Tagline/ Slogan

Risk is our Business

USP

Delivers standard to tailor made insurance solutions to all lines of businesses leveraging on its capital strength, innovation power and expertise

Swiss Re STP

Segment

Reinsurance, Corporate Solutions, Insurance

Target Group

Insurance companies, Mid-to-Large-sized corporations and Public sector clients

Positioning

Striving for sustainable development of all stakeholders and society, by being open, transparent, honest and respecting everybody inside and outside

Swiss Re SWOT Analysis

Strengths

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Swiss Re. Strengths are:

1. Swiss Re is one of the world’s largest reinsurance players with operations across the globe

2. The company has an experience of over 150 years.

3. Business and geographic diversification is helping the company reduce its risk with business spread across life, non-life reinsurance and insurance linked securities and present in all continents.

4. Over 11,000 employees form a strong workforce for the company

5. The company has presence in over 25 countries

Weaknesses

Here are the weaknesses of Swiss Re :

1. The group has been showing a weak trend in its life and health operations with a decline in revenues and operating income.

2. The group has been witnessing erosion in the investment income which is likely to affect the group financially.

Opportunities

Following are the Opportunities of Swiss Re :

1. The capital strength of the company poses opportunities for expanding business through both inorganic and organic means.

2. There are great opportunities in the insurance linked markets that the company can leverage on.

3. The global reinsurance market is on the path of recovery and poses a great opportunity for the company.

Threats

The threats of Swiss Re are as mentioned :

1. The increase in the consolidation in the reinsurance industry can increase the strength of competition and poses as a threat.

2. There is likely to be increase in competition for capital due to Solvency II adoption.

3.Increase in the incidence of catastrophic events and natural disasters poses a threat to the insurance industry.

Swiss Re Competition

Competitors

Below are the 4 main Swiss Re competitors :

1.Munich Re

2.Swiss Life Insurance and Pension Company

3.Everest Re

4.General Re