We are part of the Helvetia Baloise Group.
Operating profit up again for the Helvetia Group life business
The collective life business of Helvetia Insurance is on a firm footing. Total comprehensive income from occupational pensions amounted to CHF 68.4 million as at 31 December 2025, corresponding to an increase of 11 per cent over the previous year. In a market environment where insured persons are continuing to move toward semi-autonomous solutions, Helvetia managed to increase both the number of insured persons and the amount of investment income. In the business subject to the minimum quota, Helvetia increased the surplus fund by 25 per cent to CHF 209.2 million.
29.05.2026 | Media releases market Switzerland
Helvetia increased its occupational pension result by 11 per cent to CHF 68.4 million (previous year: CHF 61.9 million) and was able to boost the surplus fund to CHF 256.6 million (previous year: CHF 227.5 million). Given the ongoing shift from the comprehensive insurance segment to semi-autonomous solutions, the premium volume amounted to CHF 1,693 million, below the previous year’s figure of CHF 1,828 million. Operating expenses per actively insured person were reduced by more than 15 per cent to CHF 361 (previous year: CHF 426).
Semi-autonomous solutions strongly positioned
The market is continuing to display a trend toward semi-autonomous solutions. Thanks to its well-diversified product portfolio, Helvetia managed to increase the number of actively insured persons by 7 per cent to
240,693 (previous year: 224,574). Due to the shift towards partial autonomy (no savings premiums charged), regular premium payments declined overall; however, risk and cost premiums increased by 2.6 per cent. In terms of the premium volume, Helvetia held on to its second place in the Group Life market comparison of the Swiss Insurance Association.
In particular the semi-autonomous collective foundation BVG Invest is also well positioned, increasing its number of insured persons to 18,800 – i.e. 21 per cent above the previous year’s level. Thanks to a strong performance in the new financial year 2025, the as of 1 January 2026, foundation had managed to expand its portfolio of insured persons to over 20,000 people and its foundation assets to over CHF 2 billion.
Stable investment income and challenging market trend for disability
In an environment shaped by geopolitical tensions, the net return increased to 2.2 per cent (previous year: 1.9 per cent), and net investment income rose to CHF 335 million (previous year: CHF 296 million).
An increasing likelihood of developing a disability is apparent on the market, with mental illnesses in particular on the rise. This trend became even more pronounced in 2025, and these challenges are taking their toll on the risk process.
Increased participation in profits in business subject to the minimum quota
In 2025, Helvetia used CHF 534.3 million for the benefit of policyholders in the business subject to the minimum quota. This corresponds to a pay-out ratio of 90.5 per cent, which is only a marginal change from the previous year’s figure (2024: 90.6 per cent). Thanks to an increase of the surplus fund by 25 per cent to CHF 209.2 million (previous year: CHF 167.5 million), long-term and sustainable surplus sharing is ensured.
Surplus sharing for 2025 remained unchanged compared to the previous year. In the business subject to the minimum quota, an interest rate of 1.25 per cent was credited to compulsory savings, and a rate of 1.5 per cent was applied to savings in excess of the statutory requirement savings.
The market is continuing to display a trend toward semi-autonomous solutions. Thanks to its well-diversified product portfolio, Helvetia managed to increase the number of actively insured persons by 7 per cent to
240,693 (previous year: 224,574). Due to the shift towards partial autonomy (no savings premiums charged), regular premium payments declined overall; however, risk and cost premiums increased by 2.6 per cent. In terms of the premium volume, Helvetia held on to its second place in the Group Life market comparison of the Swiss Insurance Association.
In particular the semi-autonomous collective foundation BVG Invest is also well positioned, increasing its number of insured persons to 18,800 – i.e. 21 per cent above the previous year’s level. Thanks to a strong performance in the new financial year 2025, the as of 1 January 2026, foundation had managed to expand its portfolio of insured persons to over 20,000 people and its foundation assets to over CHF 2 billion.
Stable investment income and challenging market trend for disability
In an environment shaped by geopolitical tensions, the net return increased to 2.2 per cent (previous year: 1.9 per cent), and net investment income rose to CHF 335 million (previous year: CHF 296 million).
An increasing likelihood of developing a disability is apparent on the market, with mental illnesses in particular on the rise. This trend became even more pronounced in 2025, and these challenges are taking their toll on the risk process.
Increased participation in profits in business subject to the minimum quota
In 2025, Helvetia used CHF 534.3 million for the benefit of policyholders in the business subject to the minimum quota. This corresponds to a pay-out ratio of 90.5 per cent, which is only a marginal change from the previous year’s figure (2024: 90.6 per cent). Thanks to an increase of the surplus fund by 25 per cent to CHF 209.2 million (previous year: CHF 167.5 million), long-term and sustainable surplus sharing is ensured.
Surplus sharing for 2025 remained unchanged compared to the previous year. In the business subject to the minimum quota, an interest rate of 1.25 per cent was credited to compulsory savings, and a rate of 1.5 per cent was applied to savings in excess of the statutory requirement savings.
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