Swiss insurance sector posts mixed results in the 2024 financial year
Why this matters
This regulatory update from FINMA provides an overview of the 2024 financial performance of the Swiss insurance sector, including details on profitability and trends across life, non-life, and reinsurance segments. This information is relevant for insurance firms operating in Switzerland and covers prudential and reporting requirements.
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What the FINMA said
The 2024 insurance market report, which was published today by FINMA, offers an overview of the Swiss insurance market last year. Swiss insurance companies achieved aggregate annual profits of CHF 10.4 billion in 2024, which represents a 24% decrease over the previous year. While life and non-life insurers were able…
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Context
Swiss Financial Market Supervisory Authority (FINMA) — Switzerland's financial market supervisor. We track 123 updates from them.
Swiss financial services are regulated by FINMA. Browse all Switzerland updates.
This update is classified under Prudential / Capital Requirements, Reporting & Disclosure and Insurance & Pensions.