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Life Insurance in Switzerland, Key Trends and Opportunities to 2020

Life Insurance in Switzerland, Key Trends and Opportunities to 2020

Synopsis

Timetric’s 'Life Insurance in Switzerland Key Trends and Opportunities to 2020' report provides a detailed outlook by product category for the Swiss life insurance segment, and a comparison of the Swiss insurance industry with its regional counterparts.

It provides key performance indicators such as written premium, incurred loss, loss ratio, commissions and expenses, total assets, total investment income and retentions during the review period (2011–2015) and forecast period (2015–2020).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of the Swiss economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together Timetric’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in the country. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Summary

Timetric’s 'Life Insurance in Switzerland Key Trends and Opportunities to 2020' report provides in-depth market analysis, information and insights into the Swiss life insurance segment, including:

  • An overview of the Swiss life insurance segment
  • The Swiss life insurance segment’s growth prospects by category
  • A comprehensive overview of the Swiss economy and demographics
  • A comparison of the Swiss life insurance segment with its regional counterparts
  • The various distribution channels in the Swiss life insurance segment
  • Details of the competitive landscape in the life insurance segment in Switzerland
  • Details of regulatory policy applicable to the Swiss insurance industry
Scope

This report provides a comprehensive analysis of the life insurance segment in Switzerland:
  • It provides historical values for the Swiss life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Swiss life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Swiss life insurance segment with its regional counterparts.
  • It analyzes the various distribution channels for life insurance products in Switzerland.
  • It profiles the top life insurance companies in Switzerland and outlines the key regulations affecting them.
Reasons To Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Swiss life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Swiss life insurance segment.
  • Assess the competitive dynamics in the life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Swiss insurance industry, and their impact on companies and the industry's future.
Key Highlights
  • Life insurance accounted for 52.3% of the industry’s gross written premium in 2015.
  • Insurance penetration in the life segment was 5.1% in 2015.
  • The Swiss life insurance segment is highly concentrated, with the three leading insurers accounting for 69.0% of the segment’s gross written premium in 2015.
  • Switzerland received full equivalence under the Solvency II regime with effect from January 1, 2016.


  • Key Facts and Highlights
    • Table Swiss Life Insurance - Key Facts, 2015
    • Table Swiss Life Insurance - Segment Shares of the Top Insurers, 2015
  • Executive Summary
  • Economy and Demographics
    • Table Swiss Government Credit Ratings
  • Segment Outlook
    • Regional Comparison
    • Segment Indicators
      • Gross written premium and penetration
        • Table Swiss Life Insurance - Gross Written Premium (CHF Billion and US$ Billion), 2011-2015
        • Table Swiss Life Insurance - Penetration (%), 2011-2015
        • Table Swiss Life Insurance - Gross Written Premium (CHF Billion and US$ Billion), 2015-2020
        • Table Swiss Life Insurance - Penetration (%), 2015-2020
        • Table Swiss Life Insurance - Premium per Capita (CHF and US$), 2011-2015
        • Table Swiss Life Insurance - Premium per Capita (CHF and US$), 2015-2020
      • Policies sold
        • Table Swiss Life Insurance - Number of Active Policies (Million), 2011-2015
        • Table Swiss Life Insurance - Number of Active Policies (Million), 2015-2020
      • Claims
        • Table Swiss Life Insurance - Paid Claims (CHF Billion and US$ Billion), 2011-2015
        • Table Swiss Life Insurance - Paid Claims (CHF Billion and US$ Billion), 2015-2020
      • Sum assured
        • Table Swiss Life Insurance - Sum Assured (CHF Billion and US$ Billion), 2011-2015
        • Table Swiss Life Insurance - Sum Assured (CHF Billion and US$ Billion), 2015-2020
      • Assets and investments
        • Table Swiss Life Insurance - Total Assets (CHF Billion and US$ Billion), 2011-2015
        • Table Swiss Life Insurance - Total Assets (CHF Billion and US$ Billion), 2015-2020
        • Table Swiss Life Insurance - Total Investment Income (CHF Billion and US$ Billion), 2011-2015
        • Table Swiss Life Insurance - Total Investment Income (CHF Billion and US$ Billion), 2015-2020
        • Table Swiss Life Insurance - Investment Portfolio (CHF Billion), 2011-2015
        • Table Swiss Life Insurance - Investment Portfolio (CHF Billion), 2015-2020
  • Outlook by Sub-Segment
    • Table Swiss Life Insurance - Direct Written Premium by Sub-Segment (CHF Billion), 2011-2015
    • Table Swiss Life Insurance - Direct Written Premium by Sub-Segment (CHF Billion), 2015-2020
    • Individual Life Insurance
      • Premium
        • Table Swiss Individual Life Insurance - Direct Written Premium by Category (CHF Billion), 2011-2015
        • Table Swiss Individual Life Insurance - Direct Written Premium by Category (CHF Billion), 2015-2020
      • Policies sold
        • Table Swiss Individual Life Insurance - Number of Policies Sold by Category (Thousand), 2011-2015
        • Table Swiss Individual Life Insurance - Number of Policies Sold by Category (Thousand), 2015-2020
      • Penetration
    • Group Life Insurance
      • Premium
        • Table Swiss Group Life Insurance - Direct Written Premium (CHF Billion), 2011-2015
        • Table Swiss Group Life Insurance - Direct Written Premium (CHF Billion), 2015-2020
      • Policies sold
        • Table Swiss Group Life Insurance - Number of Policies Sold (Million), 2011-2015
        • Table Swiss Group Life Insurance - Number of Policies Sold (Million), 2015-2020
      • Penetration
  • Distribution Channel Outlook
  • Competitive Landscape
    • Table Swiss Life Segment - Market Shares of Leading Insurers (%), 2015
    • Company Profiles
      • Swiss Life AG - company overview
        • Table Swiss Life AG - Key Facts
        • Table Swiss Life AG - Key Financials (US$ Million), 2011-2015
      • Axa Leben AG - company overview
        • Table Axa Leben AG - Key Facts
        • Table Axa Leben AG - Key Financials (US$ Million), 2011-2015
      • Helvetia Schweizerische Lebensversicherungsgesellschaft AG - company overview
        • Table Helvetia Schweizerische Lebensversicherungsgesellschaft AG - Key Facts
        • Table Helvetia Schweizerische Lebensversicherungsgesellschaft AG - Key Financials (US$ Million), 2011-2015
      • Basler Leben AG - company overview
        • Table Basler Leben AG - Key Facts
        • Table Basler Leben AG - Key Financials (US$ Million), 2011-2015
      • Allianz Suisse Lebensversicherungs- Gesellschaft AG - company overview
        • Table Allianz Suisse Lebensversicherungs-Gesellschaft AG - Key Facts
        • Table Allianz Suisse Lebensversicherungs-Gesellschaft AG - Key Financials (US$ Million), 2011-2015
  • Governance, Risk and Compliance
    • Table Switzerland - Insurance Regulatory Framework Key Features
    • Legislation Overview and Historical Evolution
    • Latest Changes in Regulation
    • Legislation and Market Practice by Type of Insurance
      • Life insurance
        • Table Switzerland - Life Insurance Regulatory Framework
      • Property insurance
        • Table Switzerland - Property Insurance Regulatory Framework
      • Motor insurance
        • Table Switzerland - Motor Insurance Regulatory Framework
      • Liability insurance
        • Table Switzerland - Liability Insurance Regulatory Framework
      • Marine, aviation and transit insurance
      • Personal accident and health insurance
    • Compulsory Insurance
      • Health insurance
      • Marine liability insurance
      • Motor third-party liability insurance
      • Accident insurance
      • Aviation liability insurance
        • Table Switzerland - Minimum Cover for Aircraft Third-Party Liability per Accident per Aircraft
      • Clinical trials liability insurance
      • Professional indemnity insurance for insurance intermediaries or brokers
      • Third-party liability insurance for operators of nuclear installations
    • Supervision and Control
      • International Association of Insurance Supervisors
      • Financial Market Supervisory Authority
      • Swiss Insurance Association
      • Federation of European Risk Management Associations (FERMA)
      • Swiss Association of Insurance and Risk Managers (SIRM)
    • Non-Admitted Insurance Regulation
      • Overview
      • Intermediaries
      • Market practices
      • Fines and Penalties
    • Company Registration and Operations
      • Type of insurance organization
      • Establishing a local company
      • Foreign ownership
      • Types of license
      • Capital requirements
      • Solvency margin
      • Reserve requirements
      • Investment regulations
      • Statutory return requirements
      • Fee structure
    • Taxation
      • Insurance premium or policy taxation
      • Withholding taxes on premium paid overseas
      • Corporate tax
        • Table Switzerland - Corporate Tax Rates for the Financial Year 2016
      • VAT
      • Captives
    • Legal System
      • Introduction
      • Access to court
      • Alternative dispute resolution (ADR)
  • Databook
    • Policies and Premium
      • Table Swiss Life Insurance - Policies and Premium, 2011-2015
      • Table Swiss Life Insurance - Policies and Premium, 2015-2020
    • Claims and Expenses
      • Table Swiss Life Insurance - Claims and Expenses, 2011-2015
      • Table Swiss Life Insurance - Claims and Expenses, 2015-2020
    • Assets and Investments
      • Table Swiss Life Insurance - Assets and Investments, 2011-2015
      • Table Swiss Life Insurance - Assets and Investments, 2015-2020
    • Direct Marketing and E-Commerce
      • Table Swiss Life Insurance - Direct Marketing and E-Commerce, 2011-2015
      • Table Swiss Life Insurance - Direct Marketing and E-Commerce, 2015-2020
    • Insurance Brokers and Agencies
      • Table Swiss Life Insurance - Insurance Brokers and Agencies, 2011-2015
      • Table Swiss Life Insurance - Insurance Brokers and Agencies, 2015-2020
    • Individual Life Insurance
      • Table Swiss Life Insurance - Individual Life Insurance, 2011-2015
      • Table Swiss Life Insurance - Individual Life Insurance, 2015-2020
    • Individual Life Insurance by Product
      • Table Swiss Life Insurance - Individual Life Insurance by Product, 2011-2015
      • Table Swiss Life Insurance - Individual Life Insurance by Product, 2015-2020
    • Group Life Insurance
      • Table Swiss Life Insurance - Group Life Insurance, 2011-2015
      • Table Swiss Life Insurance - Group Life Insurance, 2015-2020
    • Group Life Insurance by Product
      • Table Swiss Life Insurance - Group Life Insurance by Product, 2011-2015
      • Table Swiss Life Insurance - Group Life Insurance by Product, 2015-2020
    • Individual Life - Single vs Non-Single Premium
      • Table Swiss Life Insurance - Individual Life Insurance by Premium, 2011-2015
      • Table Swiss Life Insurance - Individual Life Insurance by Premium, 2015-2020
    • Group Life - Single vs Non-Single Premium
      • Table Swiss Life Insurance - Group Life Insurance by Premium, 2011-2015
      • Table Swiss Life Insurance - Group Life Insurance by Premium, 2015-2020
    • Linked vs Non-Linked Policies
      • Table Swiss Life Insurance - Linked vs Non-Linked Policies, 2011-2015
      • Table Swiss Life Insurance - Linked vs. Non-Linked Policies, 2015-2020
  • Definitions and Methodology
    • Definitions
      • Table Insurance Industry Definitions
    • Methodology
  • About Timetric
    • Contact Timetric
    • About Timetric
    • Timetric's Services
    • Disclaimer

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