Insurance industry

Swiss pri­vate in­sur­ers are ma­jor tax­pay­ers and, as such, make a sig­nif­i­cant con­tri­bu­tion to the coun­try's pulic sec­tor.

Pri­vate in­sur­ers em­ployed 49,902 peo­ple in 2021, ac­cord­ing to the an­nu­al sur­vey con­duct­ed by the Swiss In­sur­ance As­so­ci­a­tion SIA. 

The Swiss In­sur­ance As­so­ci­a­tion SIA is join­ing the Unit­ed Na­tions-con­vened Net-Ze­ro As­set Own­er Al­liance as a sup­port­er.

SIA chair­man Rolf Dörig takes a look at the cur­rent chal­lenges fac­ing the Swiss in­sur­ance in­dus­try.

Why can’t a pan­dem­ic be in­sured by pri­vate in­sur­ers alone? Our lat­est ex­plana­to­ry video shows the rea­sons. 

The Swiss gov­ern­ment is cur­rent­ly work­ing on a ‘pool so­lu­tion’ to cush­ion the eco­nom­ic im­pact of fu­ture pan­demics. Ivo Men­zinger has worked on the pos­si­ble struc­tures for the so­lu­tion.

The SIA is the in­dus­try as­so­ci­a­tion of the Swiss pri­vate in­sur­ance in­dus­try. It rep­re­sents the in­ter­ests of its mem­bers at na­tion­al and in­ter­na­tion­al lev­el.

Switzer­land’s pri­vate in­sur­ance in­dus­try is one of the most im­por­tant and pro­duc­tive sec­tors of the na­tion­al econ­o­my.

The need for safe­ty is a fun­da­men­tal hu­man need. The Swiss are a very safe­ty-mind­ed na­tion, spend­ing more mon­ey on in­sur­ance than any oth­er.