The Swiss insurance industry’s financial resilience improved markedly in 2025, with the sector’s aggregate net profit jumping 136% year-on-year to 24.4 billion Swiss francs, according to the latest market report published by the Swiss Financial Market Supervisory Authority (Finma).
The regulator highlighted a substantial increase in both capital adequacy and solvency ratios, describing the sector’s overall financial position as "strong." The aggregate net profit of 24.4 billion francs represented a 14 billion franc increase over the prior year, driven primarily by gains in non-life insurance segments and capital investment returns.
Capital investment gains rose 47.6% to 24.8 billion francs, with the capital investment return improving from 3.37% in 2024 to 5.00% in 2025. The Finma report attributed the sector’s improved performance to higher investment income and stronger underwriting results, particularly in non-life insurance lines.
The regulator’s findings underscore the sector’s strengthened financial buffers amid a challenging macroeconomic backdrop, with insurers maintaining robust solvency positions despite market volatility. The report did not specify individual company performance but emphasized the industry-wide resilience improvements.
