## Switzerland: Financial Sector Assessment Program-Technical Note on Insurance Regulation and Supervision

_IMF Staff Country Reports, November 13, 2025_

## Source details

**Canonical URL:** [Switzerland: Financial Sector Assessment Program-Technical Note on Insurance Regulation and Supervision](https://www.imf.org/en/publications/cr/issues/2025/11/13/switzerland-financial-sector-assessment-program-technical-note-on-insurance-regulation-and-571814)

## Other formats

- [Markdown version](/en/publications/cr/issues/2025/11/13/switzerland-financial-sector-assessment-program-technical-note-on-insurance-regulation-and-571814/index.md)
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## Bibliographic details
- Published: November 13, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229031332.002

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### Overview and Market Structure
- Switzerland has a large and sophisticated insurance market.
- Overall premiums account for 60 percent of the Swiss GDP.
- Industry concentration and strong international presence are prominent features.
- Five Swiss insurers have been identified as Internationally Active Insurance Groups (IAIGs).
- Many other Swiss insurers have sizable international presence.

### Resilience and Performance
- The insurance market demonstrated resilience over time.
- The industry adapted to a long period of low interest rates.
- The sector managed the impact of the COVID 19 pandemic.
- The sector has generally been profitable.
- The sector has maintained a solvency position well above the minimum requirement.

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## Content in this bundle

- **Executive Summary**
  - [Executive Summary (Markdown version)](/-/media/files/publications/cr/2025/english/1cheea2025008-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Executive Summary (PDF)](/-/media/files/publications/cr/2025/english/1cheea2025008-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2025/11/13/switzerland-financial-sector-assessment-program-technical-note-on-insurance-regulation-and-571814_
