Swiss private insurers are major taxpayers and, as such, make a significant contribution to the country's pulic sector.

The study conducted by BAK Economics shows that the financial sector remains one of the most productive industries in the Swiss economy in 2021.

The importance of reinsurers to the Swiss economy grows every year. This is mainly because Switzerland offers attractive conditions for locating here.

Study commissioned by the Swiss Insurance Association (SIA) and the Swiss Bankers Association (SBA).
Figures for 2021.

The SIA supports the OECD’s approach to close potential gaps to the CRS legislation to ensure reporting efficiency on a global level and to identify arrangements designed to circumvent the CRS. The inputs should help to increase legal certainty but SIA objects any MDR provision that is overruling and extending the scope of the CRS.
