For the past fiscal year, Suva reported a positive overall result of 309 million francs, according to a statement released on Friday.

A strong investment return of 4.8 percent significantly contributed to the favorable financial situation. In the previous year, this area had shown a loss of 8.1 percent.

Fewer Serious Accidents

Suva registered around 495,000 accidents and occupational diseases last year, representing a slight increase of 0.3 percent. However, the long-term trend shows a decrease in accident risk. Over ten years, it has decreased by 10 percent, as stated in Suva's report. The risk of serious accidents resulting in disability or death has also significantly decreased over the past ten years.

The figures for non-occupational accident insurance have remained stable.

730 Million Francs Returned to Policyholders

Due to the good financial results and the positive development of accident risk, Suva will reduce average net premiums in occupational accident insurance by around 4 percent and in non-occupational accident insurance by around 5 percent in 2025.

At the same time, Suva will continue to refund surplus investment returns from previous years. In 2025, there will be a premium reduction of 20 percent for both occupational and non-occupational accident insurance, amounting to a total of 730 million francs, according to the press release.

Suva Board Elects New President

Additionally, Suva has a new president. The Suva Board, composed of social partners, elected Andreas Rickenbacher (pictured below) as the new chairman on Friday. Rickenbacher is a professional board member and trustee and has been a representative of the federal government on the Suva Board since 2023. He succeeds Gabriele Gendotti, who had held the position since 2018.

(Image: Linkedin)