Research and Markets: A Comprehensive Overview of Switzerland's Insurance Market

DUBLIN--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/b9cedc/switzerland_insura) has
announced the addition of the "Switzerland Insurance Market Intelligence" report
to their offering.

Switzerland has a long-established and well-developed insurance industry and is
one of the leading insurance centers in the world. It ranks among the top five
countries in the world, in terms of per capita expenditure on insurance. The
industry has been in existence in the country for the last 150 years, which has
led to increased penetration, thereby, accounting for the high number of insured
population in the world. The insurance industry has witnessed an increase in
premium, due to the country's economic growth, mandatory insurance provision of
the government as well as demand for products that offer retirement savings,
income as well as risk protection. Increasing number of players, attractive
premium rates, new innovative products, as well as awareness of risk-protection,
savings and high incidence of disasters, have been the key drivers of the Swiss
insurance market. The rising demand for life as well as accident, motor,
property insurance, etc., have together boosted the insurance demand in the
country.

The Swiss insurance market has reached its saturation level, thus products which
can mainly cater to the needs of the increasing aging population as well as
cover the rising health expenses will be in demand in near future. The life
businesses have dominated the Swiss insurance market, on account of a growth in
group as well as unit-linked life products. The non-life segment continued to
exhibit increased premium growth as compared with the life segment in the
country. This growth is mainly due to the growth in insurance rates in various
segments. Growing number of claims due to increasing personal injuries as well
as occurrence of natural disasters has led the insurers to increase premium
rates, thereby leading to improving premium. With the increasing aging
population and demand for retirement-savings products, the growth of the life
segment is expected to be larger than the non-life segment.

The present report gives an overview of the Swiss insurance market along with an
analysis of the country's political structure and economic growth. The report
provides an insight into the market size and growth in insurance premiums as
well as life and non-life premiums. Insurance premiums are discussed in terms of
life and non-life segments and the density and penetration levels. The various
developments and drivers are also discussed and finally the projections
regarding premium growth are given.

By combining SPSS Inc.s data integration and analysis capabilities with our
relevant findings, we have predicted the future growth of the Swiss insurance
industry. We employed various significant variables that have an impact on this
industry and created regression models with SPSS Base to determine the future
direction of the industry and its sub-segments life and non-life insurance.
Before deploying the regression model, the relationship between several
independent or predictor variables and the dependent variable was analyzed using
standard SPSS output, including charts, tables and tests.

Key Topics Covered:

1. Industry Snapshot 1.1 Industry Structure 1.2 Market Overview

2. Industry Analysis 2.1 Industry Developments 2.2 Market Drivers

3. Country Analysis: Risk Assessment 3.1 Political Environment 3.2
Macro-Economic Indicators: Current and Projections

4. Industry Outlook: Forecast and Projections 4.1 Health and Retirement-Savings,
and Some Non-Life Products to Drive Growth 4.2 Life Segment to Dominate and
Drive the Insurance Growth 4.3 Stagnancy in Sales of Automobiles to Cause
Slowdown in Motor Insurance

For more information visit
http://www.researchandmarkets.com/research/b9cedc/switzerland_insura

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

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