Switzerland Non-Life Insurance Market to 2027
Summary
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
- Non-life insurance is typically defined as any insurance not determined to be life insurance. It includes automobile and homeowners' policies and provides payments depending on the loss from a particular financial event.
- The Swiss non-life insurance market had total gross written premiums of $36.5 billion in 2022, representing a compound annual growth rate (CAGR) of 2.6% between 2017 and 2022.
- The motor segment accounted for the market's largest proportion in 2022, with total gross written premiums of $7.6 billion, equivalent to 20.8% of the market's overall value.
- It is widely acknowledged that the frequency and severity of claims are increasing, as seen by recent natural disasters or cyber events. According to data evaluations by Mastercard Cyber Quant, financial hackers, politically motivated cybercriminals, and political activists account for 93% of cyberattacks in Switzerland.
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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
- 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?
- What are the main segments that make up Switzerland's non-life insurance market?
- 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 the leading players follow?
- 7.4. What are the strengths of the 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. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Switzerland non-life insurance market value: $ billion, 2017–22
- Table 2: Switzerland non–life insurance market category segmentation: % share, by value, 2017–2022
- Table 3: Switzerland non-life insurance market category segmentation: $ billion, 2017-2022
- Table 4: Switzerland non–life insurance market geography segmentation: $ billion, 2022
- Table 5: Switzerland non-life insurance market value forecast: $ billion, 2022–27
- Table 6: Switzerland non-life insurance market share: % share, by value, 2022
- 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, 2018–22
- List of Figures
- Figure 1: Switzerland non-life insurance market value: $ billion, 2017–22
- 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
- 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
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