More scope for insurance in an uncertain environment
In light of current market developments and, in particular, based on the business forecasts of our major clients, we regularly review our free capacity in terms of risk-bearing capital and utilisation of the framework of obligation in order to ensure sustainable risk-bearing capacity.
At the end of 2025, more than 81 per cent of the existing framework of obligation had already been utilised. In view of continuing economic uncertainty, we expect demand for insurance solutions for export-oriented companies to keep rising.
The successful major projects mandate is also expected to further stimulate the Swiss export industry and open up new opportunities for international businesses.
On 1 April 2026, the Federal Council decided to increase Swiss Export Risk Insurance SERV’s framework of obligation from its current CHF 14 billion to CHF 16 billion. This framework sets out the maximum scope of the insurance obligations that SERV can enter into.
The Federal Council’s decision to increase the framework of obligation ensures that SERV can continue to effectively support the Swiss export industry. SERV’s operations are economically viable and it has a solid capital base, so this adjustment will not have a financial impact on the federal budget.
