Insurance in Switzerland - Market Summary, Competitive Analysis and Forecast to 2025

November 2021 | 48 pages | ID: I144B60220D1EN
MarketLine

Abstracts

Insurance in Switzerland - Market Summary, Competitive Analysis and Forecast to 2025

SUMMARY

Insurance in Switzerland industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2016-20, and forecast to 2025). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

KEY HIGHLIGHTS

• The insurance market consists of the non-life and life insurance sectors. The value of the market is shown in terms of gross premium incomes.
• The Swiss insurance market had total gross written premiums of $62.7bn in 2020, representing a compound annual growth rate (CAGR) of 0.5% between 2016 and 2020.
• The life insurance segment was the market's most lucrative in 2020, with total gross written premiums of $31.8bn, equivalent to 50.8% of the market's overall value.
• The future of the pandemic remains uncertain, which makes it difficult to predict the long-term performance of the insurance market. As global vaccination programs are rolled out and societies gradually reopen, consumer confidence is likely to improve, easing demand for insurance. However, interest rates are expected to remain low for some time, constraining insurers’ profits.

SCOPE

• Save time carrying out entry-level research by identifying the size, growth, and leading players in the insurance market in Switzerland
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Switzerland
• Leading company profiles reveal details of key insurance market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Switzerland insurance market with five year forecasts by both value and volume

REASONS TO BUY

• What was the size of the Switzerland travel & tourism market by value in 2020?
• What will be the size of the Switzerland travel & tourism market in 2025?
• What factors are affecting the strength of competition in the Switzerland travel & tourism market?
• How has the market performed over the last five years?
• What are the main segments that make up Switzerland's travel & tourism market?

Contents

1 EXECUTIVE SUMMARY

1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market share
1.6. Market rivalry
1.7. Competitive Landscape

2 MARKET OVERVIEW

2.1. Market definition
2.2. Market analysis

3 MARKET DATA

3.1. Market value

4 MARKET SEGMENTATION

4.1. Category segmentation
4.2. Geography segmentation

5 MARKET OUTLOOK

5.1. Market value forecast

6 FIVE FORCES ANALYSIS

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 COMPETITIVE LANDSCAPE

7.1. Market share
7.2. Who are the leading players?
7.3. What strategies do leading players follow?
7.4. What has been the rationale behind recent M&A activity?
7.5. How has the COVID-19 outbreak impacted the market?

8 COMPANY PROFILES

8.1. Swiss Life Holding Ltd
8.2. AXA SA
8.3. Helvetia Group
8.4. Baloise Holding Ltd

9 MACROECONOMIC INDICATORS

9.1. Country data

10 APPENDIX

10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine

List Of Tables

LIST OF TABLES

Table 1: Switzerland insurance market value: $ billion, 2016–20
Table 2: Switzerland insurance market category segmentation: $ billion, 2020
Table 3: Switzerland insurance market geography segmentation: $ billion, 2020
Table 4: Switzerland insurance market value forecast: $ billion, 2020–25
Table 5: Switzerland insurance market share: % share, by value, 2020
Table 6: Swiss Life Holding Ltd: key facts
Table 7: Swiss Life Holding Ltd: Annual Financial Ratios
Table 8: Swiss Life Holding Ltd: Key Employees
Table 9: AXA SA: key facts
Table 10: AXA SA: Annual Financial Ratios
Table 11: AXA SA: Key Employees
Table 12: AXA SA: Key Employees Continued
Table 13: AXA SA: Key Employees Continued
Table 14: Helvetia Group: key facts
Table 15: Helvetia Group: Annual Financial Ratios
Table 16: Helvetia Group: Key Employees
Table 17: Baloise Holding Ltd: key facts
Table 18: Baloise Holding Ltd: Annual Financial Ratios
Table 19: Baloise Holding Ltd: Key Employees
Table 20: Baloise Holding Ltd: Key Employees Continued
Table 21: Switzerland size of population (million), 2016–20
Table 22: Switzerland gdp (constant 2005 prices, $ billion), 2016–20
Table 23: Switzerland gdp (current prices, $ billion), 2016–20
Table 24: Switzerland inflation, 2016–20
Table 25: Switzerland consumer price index (absolute), 2016–20
Table 26: Switzerland exchange rate, 2016–20

List Of Figures

LIST OF FIGURES

Figure 1: Switzerland insurance market value: $ billion, 2016–20
Figure 2: Switzerland insurance market category segmentation: % share, by value, 2020
Figure 3: Switzerland insurance market geography segmentation: % share, by value, 2020
Figure 4: Switzerland insurance market value forecast: $ billion, 2020–25
Figure 5: Forces driving competition in the insurance market in Switzerland, 2020
Figure 6: Drivers of buyer power in the insurance market in Switzerland, 2020
Figure 7: Drivers of supplier power in the insurance market in Switzerland, 2020
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Switzerland, 2020
Figure 9: Factors influencing the threat of substitutes in the insurance market in Switzerland, 2020
Figure 10: Drivers of degree of rivalry in the insurance market in Switzerland, 2020
Figure 11: Switzerland insurance market share: % share, by value, 2020