The Swiss in­sur­ance mar­ket

16 December 2019

 

 

Insurers in Switzerland at 31 December
  2015 2016 2017 2018
Life insurance companies 20 19 19 19
Property and casualty insurance companies 122 120 118 114
Supplementary health insurance 13 13 12 12
Reinsurance companies 30 30 28 27
Captive insurance companies 29 25 27 27
Total 214 207 204 199
of which companies with offices in Switzerland 165 158 156 152
of which branches of foreign insurance companies 49 49 48 47

 

SIA membership as of January 2020
  2019
Life insurance companies 19
Property and casualty insurance companies 44
Reinsurance companies 14
Total 77
SIA members’ share of total premium revenue in 2018 * 91%
of which life insurance 100%
of which P & C insurance 84%
of which reinsurance 88%

* 100% = all insurance companies supervised by FINMA

 

Global premium volume 2018 generated by the largest private insurers headquartered/located in Switzerland in CHF billion (gross premiums)
Insurers Switzerland Total
Zurich Insurance Group 3,9 68,6
Chubb 0,1 37,3
Swiss Life 9,2 18,9
AXA Winterthur 11,2 11,2
Helvetia 5,1 9,6
Bâloise 4,2 8,6
Die Mobiliar 3,6 3,6
Allianz Suisse 3,6 3,6
Generali Schweiz 1,8 1,8
Helsana-Gruppe (VVG+UVG) 1,8 1,8
Reinsurer Switzerland Total
Swiss Re 1,0 37,2
New Reinsurance Company Ltd 0,5 5,3
Catlin Re 0,2 1,7

 Source: Annual reports 2018, FINMA