The Swiss in­sur­ance mar­ket

18 November 2021

 

 

Insurers in Switzerland at 31 December
  2016 2017 2018 2019 2020
Life insurance companies 19 19 19 19 19
Property and casualty insurance companies 120 118 114 118 116
Supplementary health insurance 13 12 12 11 10
Reinsurance companies 30 28 27 25 25
Captive insurance companies 25 27 27 25 25
Total 207 204 199 198 195
of which companies with offices in Switzerland 158 156 152 149 145
of which branches of foreign insurance companies 49 48 47 49 50

 

SIA membership as of January 2021
SIA members’ share of total premium revenue in 2020 *  
of which life insurance 100%
of which P & C insurance 86%
of which reinsurance 82%

* 100% = all insurance companies supervised by FINMA

 

Global premium volume 2020 generated by the largest private insurers headquartered/located in Switzerland in CHF billion (gross premiums)
Insurers Switzerland Total
Zurich Insurance Group 4,1 55,5
Chubb 0,1 31,9
Swiss Life 4,8 13,8
AXA Winterthur 5,1 5,1
Helvetia 4,6 9,0
Bâloise 2,9 5,9
Die Mobiliar 3,7 3,7
Allianz Suisse 2,9 2,9
Generali Schweiz 1,8 1,8
Helsana-Gruppe (VVG+UVG) 1,8 1,8
Reinsurer Switzerland Total
Swiss Re 1,2 37,8
New Reinsurance Company Ltd 0,5 5,6
Catlin Re 0,2 1,6

 Source: Annual reports 2020, FINMA