Description
SWOT ANALYSIS OF REINSURANCE GROUP OF AMERICA
Reinsurance Group of America
Parent Company
Reinsurance Group of America
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
-
A company offering wide range of products catering to each reinsurance USP need with the best of the best people working to deliver to you
STP
Individual life reinsurance, individual living benefits reinsurance, health Segment reinsurance, long-term care reinsurance, group reinsurance
Target Group
Insurance companies
A specialist in providing life and health-related reinsurance and financial Positioning solutions to help their clients effectively manage risk and capital
SWOT Analysis
1. The company has been witnessing high growth sales rate contributing to the company’s success. 2. The company has extensive reach in the world, with operations being present in 25 countries. 3. The company boasts of ‘the best of best’ people, with an employee count of 1700+ 4. Its services include individual life reinsurance, individual living benefits reinsurance, health reinsurance, long-term care reinsurance, group Strength reinsurance
1. The company has been seeing deteriorating trends of profitability. 2. The company has poor debt rating which poses a problem for the company to find sources of funds. 3. The company, apart from poor profitability has to face a complex tax Weakness structure.
1. The company can see an opportunity in other emerging markets and Opportunity add to the company’s size and grow, also to reducing its geographic risk.
2. There are great opportunities in the insurance linked markets that the company can leverage on. 3. The global reinsurance market is on the path of recovery and poses a great opportunity for the company.
1. The rise in incidents of fraud and defaults pose a threat to the insurance industry. 2. The American insurance market is very competitive affecting the small nature of the company’s business. 3. The increase in the consolidation in the reinsurance industry can Threats increase the strength of competition and poses as a threat.
Competition
1. AEGON N.V. 2. Munich Re Competitors 3. Swiss Re
doc_912007032.docx
SWOT ANALYSIS OF REINSURANCE GROUP OF AMERICA
Reinsurance Group of America
Parent Company
Reinsurance Group of America
Category
Diversified Insurance
Sector
Banking and Financial Services
Tagline/ Slogan
-
A company offering wide range of products catering to each reinsurance USP need with the best of the best people working to deliver to you
STP
Individual life reinsurance, individual living benefits reinsurance, health Segment reinsurance, long-term care reinsurance, group reinsurance
Target Group
Insurance companies
A specialist in providing life and health-related reinsurance and financial Positioning solutions to help their clients effectively manage risk and capital
SWOT Analysis
1. The company has been witnessing high growth sales rate contributing to the company’s success. 2. The company has extensive reach in the world, with operations being present in 25 countries. 3. The company boasts of ‘the best of best’ people, with an employee count of 1700+ 4. Its services include individual life reinsurance, individual living benefits reinsurance, health reinsurance, long-term care reinsurance, group Strength reinsurance
1. The company has been seeing deteriorating trends of profitability. 2. The company has poor debt rating which poses a problem for the company to find sources of funds. 3. The company, apart from poor profitability has to face a complex tax Weakness structure.
1. The company can see an opportunity in other emerging markets and Opportunity add to the company’s size and grow, also to reducing its geographic risk.
2. There are great opportunities in the insurance linked markets that the company can leverage on. 3. The global reinsurance market is on the path of recovery and poses a great opportunity for the company.
1. The rise in incidents of fraud and defaults pose a threat to the insurance industry. 2. The American insurance market is very competitive affecting the small nature of the company’s business. 3. The increase in the consolidation in the reinsurance industry can Threats increase the strength of competition and poses as a threat.
Competition
1. AEGON N.V. 2. Munich Re Competitors 3. Swiss Re
doc_912007032.docx