Insurance Corporation of Barbados Limited - Strategic SWOT Analysis Review by GlobalData

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									         Insurance Corporation of Barbados Limited - Strategic SWOT Analysis
                                       Review
        Reference Code: GDFS24939SA                                                                                          Publication Date: JUN 2013

          Roebuck Street                                     Phone             +1 246 4346000                   Revenue         100.47 (million BBD)
          Bridgetown, St. Michael                            Fax               +1 246 4263393                   Net Profit      NA
          BB11000                                            Website           www.icb.com.bb                   Employees       165
          Barbados                                           Exchange                                           Industry        Financial Services

       Company Overview
       Insurance Corporation of Barbados Limited (ICBL), a subsidiary of BF&M Limited, is a Barbados-based general insurance
       provider. The company offers all classes of insurance including individual and group life and medical insurance, annuities,
       pensions and pension management, creditor life, property, liability, accident, sickness, motor, marine and aviation and transit
       insurance. ICBL is headquartered in Bridgetown, Saint Michael, Barbados.
       Key Executives                                                             SWOT Analysis
                     Name                                Title                     Insurance Corporation of Barbados Limited, SWOT
         Goulbourne Alleyne                Deputy Chief Executive                  Analysis
                                           Officer                                 Strengths                            Weaknesses
         Ingrid Innes                      Chief Executive Officer
                                                                                   Broad Range of Offerings             Underwriting Results
         R. John Wight                     Chairman
                                                                                   Association with BF&M Limited
         Carlos Holder                     Vice Chairman
         Winston Beckles                   Director
        Source: Company Website, Primary and Secondary Research,
                                                                                   Opportunities                        Threats
        GlobalData
                                                                                   Growth Prospects for Insurance Catastrophic Losses
                                                                                   in Emerging Markets
        Key Competitors                                                                                           Competition
         CUNA Mutual Group                                                         Business Expansion

         Lpi Capital Berhad
         Foyer SA                                                                 Source: Company Website, Primary and Secondary Research, GlobalData

         Harmony General Insurance Company Ltd.
        Aurum Insurance Company Inc
        Source: Company Website, Primary and Secondary Research,
        GlobalData




Insurance Corporation of Barbados Limited - Strategic SWOT                                                                      Reference Code: GDFS24939SA
Analysis Review
Source : www.globalcompanyintelligence.com                                                                                                              Page 1
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       Table of Contents
       Table of Contents ............................................................................................................................................................................... 2
          List of Tables .................................................................................................................................................................................. 3
       Section 1 - About the Company.......................................................................................................................................................... 4
       Insurance Corporation of Barbados Limited - Key Facts .................................................................................................................... 4
       Insurance Corporation of Barbados Limited - Key Employees ........................................................................................................... 5
       Insurance Corporation of Barbados Limited - Key Employee Biographies ......................................................................................... 6
       Insurance Corporation of Barbados Limited - Major Products and Services ...................................................................................... 7
       Insurance Corporation of Barbados Limited - History ......................................................................................................................... 8
       Insurance Corporation of Barbados Limited - Company Statement ................................................................................................... 9
       Insurance Corporation of Barbados Limited - Locations And Subsidiaries ....................................................................................... 10
          Head Office ................................................................................................................................................................................... 10
          Other Locations & Subsidiaries ..................................................................................................................................................... 10
       Section 2 – Company Analysis ......................................................................................................................................................... 11
       Insurance Corporation of Barbados Limited - Business Description................................................................................................. 11
       Insurance Corporation of Barbados Limited - SWOT Analysis ......................................................................................................... 12
          SWOT Analysis - Overview........................................................................................................................................................... 12
          Insurance Corporation of Barbados Limited - Strengths ............................................................................................................... 12
             Strength - Broad Range of Offerings ......................................................................................................................................... 12
             Strength - Association with BF&M Limited ................................................................................................................................ 12
             Strength - Investment Yield ....................................................................................................................................................... 12
          Insurance Corporation of Barbados Limited - Weaknesses .......................................................................................................... 12
             Weakness - Underwriting Results ............................................................................................................................................. 12
          Insurance Corporation of Barbados Limited - Opportunities ......................................................................................................... 12
             Opportunity - Growth Prospects for Insurance in Emerging Markets......................................................................................... 12
             Opportunity - Business Expansion ............................................................................................................................................ 13
          Insurance Corporation of Barbados Limited - Threats .................................................................................................................. 13
             Threat - Catastrophic Losses .................................................................................................................................................... 13
             Threat - Competition.................................................................................................................................................................. 13
       Insurance Corporation of Barbados Limited - Key Competitors........................................................................................................ 14
       Section 3 – Appendix ...................................
								
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