Newsroom

The Swiss in­sur­ance in­dus­try saw a 2.7 per cent in­crease in pre­mi­um vol­umes for non-life busi­ness in 2021 com­pared with the pre­vi­ous year.

Urs Arbter will take over as the CEO of the Swiss In­sur­ance As­so­ci­a­tion (SIA) from 1 Jan­u­ary 2022.

The Swiss In­sur­ance As­so­ci­a­tion SIA is join­ing the Unit­ed Na­tions-con­vened Net-Ze­ro As­set Own­er Al­liance as a sup­port­er.

Thomas Hel­bling, Di­rec­tor of the Swiss In­sur­ance As­so­ci­a­tion (SIA), has de­cid­ed to step down at the end of 2021.

At the ‘Day of In­sur­ers 2021’ to­day in Lugano, Rolf Dörig, pres­i­dent of the Swiss In­sur­ance As­so­ci­a­tion SIA, em­pha­sised the im­por­tant role of the sec­tor dur­ing the coro­n­avirus pan­dem­ic.

An in­creas­ing num­ber of in­sur­ers are in­te­grat­ing ESG cri­te­ria in their in­vest­ment process. Sus­tain­abil­i­ty cri­te­ria are in­volved in 83 per cent of in­vest­ments.

The coro­n­avirus pan­dem­ic has af­fect­ed the in­di­vid­ual in­sur­ance lines to dif­fer­ent de­grees over the past year.

In this ex­tra­or­di­nary year, the in­sur­ance in­dus­try paid out an es­ti­mat­ed to­tal of CHF 1 bil­lion in claims to pol­i­cy­hold­ers in Switzer­land in the con­text of loss­es re­lat­ed to Covid-19.

The Swiss In­sur­ance As­so­ci­a­tion SIA wel­comes the Fed­er­al Coun­cil’s up­dat­ed fi­nan­cial cen­tre strat­e­gy, pub­lished on 4 De­cem­ber 2020.