using the SWOt analysis below discuss why the company should not consider restructuring but implement measures to enhance its competitiveness and sustainability $\backslash$

Strengths

IGIL is the largest, state$-$owned, non$-$life firm in India.

Each subsidiary is financially strong.

Cross$-$holding among subsidiaries.

Diverse non$-$life insurance portfolio.

Weaknesses

Lack of parity in performance parameters among subsidiaries.

Laxity in underwriting and claims control in motor portfolio.

Integration challenges in merging subsidiaries.

Opportunities

Growing business of reinsurance.

Converting IGIL into a national reinsurer.

Focusing on sectoral businesses to reach a global scale.

Threats

Global trend of consolidation in mature markets.

Difficulty in diversifying into other financial services and investing in technology.

Overhead costs and duplications of branches.