Overview of the aggregate accounts

CHF million

Overall, insurance-related income exceeded expenses by CHF 1 813 million.

Contributions by the insured, amounting to CHF 47 943 million, represent 70.5% of the total income from insurance activities.

In 2025, the net result from investments of CHF 2 724 million contributed to the overall positive result. This resulted in an increase in total equity. The positive investment result reflects the strong performance of financial markets in 2025.

The investment result is allocated to the three social insurance schemes according to their respective commitments in the various asset classes.

Contribution to earnings

CHF million

Overview

CHF million

1 Income from insurance activities
2 Expenses from insurance activities
3 Result from insurance activities
4 Investment results
5 Administrative expenses related to investment activities
6 Result from investment activities
7 Aggregated operating income