Global Insurer Footprint: Zurich Insurance Group Ltd

Synopsis
The 'Global Insurer Footprint: Zurich Insurance Group Ltd' report provides an in-depth analysis of the global operations of Zurich Insurance Group Ltd.

Summary

The 'Global Insurer Footprint: Zurich Insurance Group Ltd' report provides analysis of each product category for countries in which Zurich Insurance Group Ltd operates, and comparative analysis with its competitors.

It provides country-specific data for key performance indicators such as written premium, incurred loss, claims paid, commissions and expenses, combined ratio, total assets, total investment income and net earned premium.

The report brings together Timetric's research, modeling and analysis expertise, giving insurers access to information on Zurich Insurance Group Ltd's global operations, its financial performance, country dynamics and competitive advantage.



Scope

This report provides a comprehensive analysis of Zurich Insurance Group Ltd by country of operation:

• It provides historical values by country for Zurich Insurance Group Ltd for the latest five years.

• It offers a detailed analysis of the key countries in which Zurich Insurance Group Ltd operates.

• It compares Zurich Insurance Group Ltd with its competitors in each country of operation.

• It outlines recent developments related to Zurich Insurance Group Ltd in all its countries of operation.


Reasons To Buy

• Make strategic business decisions with reference to Zurich Insurance Group Ltd's profile and global operations by country, including its financial performance, recent developments and market share.

• Understand the demand-side dynamics, key market trends and growth opportunities in Zurich Insurance Group Ltd's countries of operation.

• Assess the competitive dynamics in Zurich Insurance Group Ltd's countries of operation.

• Gain insights into Zurich Insurance Group Ltd's operations and its impact on the industry's competitive environment.

Key Highlights

• The country's residential construction market is expected to offer a positive outlook for the industry over the forecast period, as a result of population growth and subsequent need for new housing. According to the National Centre for Statistics and Information (NCSI), the total number of land plots granted for residential building construction rose by 2.9% from 26,535 in 2016 to 27,300 in 2017.

• Timetric expects energy and utilities construction market to register a forecast-period CAGR of 6.53% in nominal terms, driven by government efforts to increase renewable energy share in the country's total energy mix. In September 2017, the Financial Affairs and Energy Resources Council approved a plan to generate 10.0% of the country's total energy from renewable sources by 2025.

• In order to provide fast and reliable internet connectivity to residential and business communities in Muscat, in November 2017 the government-owned Oman Broadband Company approved the Oman Broadband Infrastructure Project. Under this, the government announced plans to invest OMR179.6 million (US$467.0 million) to develop fiber optic broadband cable.

• The need to address the growing demand for increased water supply in the country is expected to support the expansion of the water infrastructure category over the forecast period. According to the projections of Oman Power and Water Procurement Company (OPWP), demand for water resources in the country is expected to increase by over 9.5% until 2019.

• The total construction project pipeline in Oman as tracked by the Construction Intelligence Center (CIC), including all mega-projects with values above US$25 million, stands at OMR66.0 billion (US$171.7 billion). The pipeline, which includes all projects from the pre-planning to execution stages, has a healthy balance, with 56.3% of the total value in pre-execution and execution as of February 2018.