In 2023, the percentage of life insurance reserves as household financial assets in Switzerland was higher than in the forecasted years. From 2024 to 2028, there is a clear declining trend in the portion of total assets allocated to life insurance reserves, declining year-on-year by approximately 3%. Specifically, the values forecasted for the years are 3.32% in 2024, 3.22% in 2025, 3.12% in 2026, 3.02% in 2027, and 2.92% in 2028. Over the last five years, the compounded annual growth rate (CAGR) exhibits a decreasing trend by approximately 3% annually.
Future trends to watch for include potential shifts in household financial priorities, regulatory changes impacting life insurance policies, and varying economic environments that could influence the attractiveness of life insurance reserves as a component of household financial assets.
