Economics

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.

Switzer­land counts 205 non-life, life and re-in­sur­ers with some 50,000 em­ploy­ees.

In­sur­ance com­pa­nies are ma­jor em­ploy­ers, sig­nif­i­cant tax­pay­ers and among the largest in­vestors in Switzer­land and abroad.

Risks that in­di­vid­u­als or cor­po­ra­tions can­not or will not bear them­selves, are be­ing trans­ferred to in­sur­ers which sub­se­quent­ly cov­er even­tu­al loss­es.