Federal Council increases the framework of obligation

SERV has seen a strong increase in demand from businesses for cover, especially for major transactions. This led the Federal Council to decide on 14 December to increase SERV’s Glossaryframework of obligation immediately by CHF 2 billion to CHF 16 billion. All sectors of the Swiss economy can benefit. The Glossaryframework of obligation represents the maximum scope of SERV’s Glossaryinsurance obligation.