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Switzerland Non-Life Insurance Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 47 Pages
  • February 2023
  • Region: Switzerland
  • MarketLine
  • ID: 5786114
Non-Life Insurance in Switzerland industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • The non-life insurance market consists of the general insurance market segmented into motor, property, liability and other insurance. The other segment is made up of non-life insurance products including health, travel, and accident cover among others. The value of the non-life insurance market is shown in terms of gross premium incomes. Gross premium income is defined as the insurer’s premium income for the year from its policies, calculated without reduction for reinsurance premiums paid or payable by the insurer.
  • The Swiss non-life insurance market had total gross written premiums of $34.9 billion in 2022, representing a compound annual growth rate (CAGR) of 3% between 2017 and 2022.
  • The motor segment accounted for market's the largest proportion in 2022, with total gross written premiums of $7.3 billion, equivalent to 20.9% of the market's overall value.
  • According to European Automobile Manufacturers’ Association (ACEA), the number of car registrations had increased to 21,406 units in November 2022 as compared to 18,825 units in November 2021.

Scope

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

Reasons to Buy

  • What was the size of the Switzerland non-life insurance market by value in 2022?
  • What will be the size of the Switzerland non-life insurance market in 2027?
  • What factors are affecting the strength of competition in the Switzerland non-life insurance market?
  • How has the market performed over the last five years?

Table of 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 are the strengths of leading players?
7.5. Has there been any significant M&A activity, partnership and new product development in recent years?
8 Company Profiles
8.1. Allianz SE
8.2. AXA SA
8.3. Zurich Insurance Group Ltd
8.4. Schweizerische Mobiliar Versicherungsgesellschaft AG
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. About the Publisher
List of Tables
Table 1: Switzerland non-life insurance market value: $ billion, 2017-22(e)
Table 2: Switzerland non-life insurance market category segmentation: % share, by value, 2017-2022(e)
Table 3: Switzerland non-life insurance market category segmentation: $ billion, 2017-2022
Table 4: Switzerland non-life insurance market geography segmentation: $ billion, 2022(e)
Table 5: Switzerland non-life insurance market value forecast: $ billion, 2022-27
Table 6: Switzerland non-life insurance market share: % share, by value, 2022(e)
Table 7: Allianz SE: key facts
Table 8: Allianz SE: Annual Financial Ratios
Table 9: Allianz SE: Key Employees
Table 10: Allianz SE: Key Employees Continued
Table 11: AXA SA: key facts
Table 12: AXA SA: Annual Financial Ratios
Table 13: AXA SA: Key Employees
Table 14: AXA SA: Key Employees Continued
Table 15: AXA SA: Key Employees Continued
Table 16: Zurich Insurance Group Ltd: key facts
Table 17: Zurich Insurance Group Ltd: Annual Financial Ratios
Table 18: Zurich Insurance Group Ltd: Key Employees
Table 19: Zurich Insurance Group Ltd: Key Employees Continued
Table 20: Schweizerische Mobiliar Versicherungsgesellschaft AG: key facts
Table 21: Schweizerische Mobiliar Versicherungsgesellschaft AG: Key Employees
Table 22: Switzerland size of population (million), 2018-22
Table 23: Switzerland gdp (constant 2005 prices, $ billion), 2018-22
Table 24: Switzerland gdp (current prices, $ billion), 2018-22
Table 25: Switzerland inflation, 2018-22
Table 26: Switzerland consumer price index (absolute), 2018-22
Table 27: Switzerland exchange rate, 2017-21
List of Figures
Figure 1: Switzerland non-life insurance market value: $ billion, 2017-22(e)
Figure 2: Switzerland non-life insurance market category segmentation: $ billion, 2017-2022
Figure 3: Switzerland non-life insurance market geography segmentation: % share, by value, 2022(e)
Figure 4: Switzerland non-life insurance market value forecast: $ billion, 2022-27
Figure 5: Forces driving competition in the non-life insurance market in Switzerland, 2022
Figure 6: Drivers of buyer power in the non-life insurance market in Switzerland, 2022
Figure 7: Drivers of supplier power in the non-life insurance market in Switzerland, 2022
Figure 8: Factors influencing the likelihood of new entrants in the non-life insurance market in Switzerland, 2022
Figure 9: Factors influencing the threat of substitutes in the non-life insurance market in Switzerland, 2022
Figure 10: Drivers of degree of rivalry in the non-life insurance market in Switzerland, 2022
Figure 11: Switzerland non-life insurance market share: % share, by value, 2022(e)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Allianz SE
  • AXA SA
  • Zurich Insurance Group Ltd
  • Schweizerische Mobiliar Versicherungsgesellschaft AG

Table Information