Description
SWOT ANALYSIS OF NEWYORK LIFE INSURANCE

New York Life Insurance

Parent Company

New York Life Insurance Company (NYLIC)

Category

Life and Health Insurance

Sector

Financial Institutions

Tagline/ Slogan

The company you keep

Max New York life insurance provides life insurance solutions, children's USP plan and retirement solution

STP

Segment

Enterprise and Individuals who are seeking financial help and advice

Target Group

Large enteprises and rich individual investors

Positioning

A company that believes in uilding relationships with customers

SWOT Analysis

1.Strong brand name and good financial position 2.Major life-insurance provider Strength 3.Stable and growing revenue

1.Direct access to equity-capital lacking 2.Lacking extensive global services Weakness 3.Limited global operations as compared to competitors

1.Expansion in other countries 2.Diversifying portfolios for customers 3.Asset management sector Opportunity 4.New emerging markets

1.Changing govt regulations and financial crisis like recessions 2.Increase in insurance frauds Threats 3.Stiff competition in the market

Competition

1.AIG Competitors 2.AON 3.Allianz

4.AXA Group 5. Delphi Financial Group 6.MetLife 7.Allstate



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