Insurers not only assume risks that cannot be borne by individuals and/or corporations. They are also major employers, taxpayers and investors and, as such, of great importance for the economy.
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Premiums and market share 2018
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.