The gross value added by the insurance, reinsurance, and pension funding sector in Switzerland is projected to grow from 29.92 billion Swiss Francs in 2024 to 31.45 billion Swiss Francs in 2028. This represents year-on-year percentage increases of approximately 1.3% to 1.4%. As of 2023, the actual value stood at 29.53 billion Swiss Francs, indicating a continuous growth trajectory. The compound annual growth rate (CAGR) over the forecasted period (2024-2028) is around 1.3% per year, reflecting steady growth.

Future trends to watch for include:

Regulatory changes impacting capital requirements and risk assessments.
Technological advancements like AI and big data analytics enhancing risk models.
Environmental factors influencing the reinsurance market.
Shifts in demographic trends affecting pension funding.