Magazine date:
Mar 2016 In 2015, Swiss insurance has managed to withstand a particularly difficult environment, especially for the life class of business. The non life business has improved slightly with a 0.5% growth, relying in particular on the motor insurance sector which improved by 1.2%. This growth has been accounted for by the increase in the number of brand new vehicles that have been authorized in the traffic.
The life insurance premiums remained stable at 32.6 billion CHF (32.9 billion USD). The low interest prompted a 2.2% decrease of individual life underwritings. Professional pension schemes have kept up the good pace while collective business went slightly up by 0.7%.