Reinsurance strengthens Swiss exports
Reinsurance insures insurance companies. Switzerland is one of the world's leading locations thanks to its reinsurance hub in the financial centre of Zurich. Swiss reinsurers are characterised by global activities and a very high productivity, which strengthens Swiss exports. In 2020, their added value amounted to CHF 4.8 billion, almost one fifth of the total insurance added value. Reinsurance's real economic output has more than tripled since 2000. These are some of the most important findings from the study conducted by BAK Economics on behalf of the Swiss Insurance Association (ASA/SVV).