Reinsurance companies provide insurance to insurance companies. They protect their balance sheet, provide them with replacement capital, and minimise the impact of major incidents on their profits and solvency.
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The importance of reinsurers to the Swiss economy grows every year. This is mainly because Switzerland offers attractive conditions for locating here.
Premiums and market share 2020
In this interview, Maurice Dierick from Swissgrid, the national grid company, explains why an electricity shortage is one of the biggest risks facing Switzerland.