Suva Achieves Above-Average Performance

Suva benefited from the market recovery in 2024 and achieved a slightly above-average investment result. However, it performed worse than the pension funds.

After a strong investment year in 2023, Swiss Accident Insurance Suva improved its investment performance again in 2024. The company achieved a return of 5.5 percent, up from 4.8 percent in the previous year.

However, this falls short of the 7.6 percent average return recorded by pension funds, according to a study by UBS.

Despite this, Suva's investment result remains well above the statutory return requirement and the 10-year average investment performance of 3.5 percent, the company stated in a press release on Tuesday.

Suva's investment assets increased to 57.9 billion Swiss francs in 2024, up from 55.9 billion francs.

Strong Performance of the Stock Markets

The stock market year 2024 was characterized by a robust economy, declining inflation and interest rate cuts by the central banks. The development of investments was primarily characterized by the strong performance of the equity markets, particularly the US market, the report continues.

The easing inflationary pressure has enabled the majority of central banks to cut interest rates. In addition, the growing potential of artificial intelligence have aroused the interest of investors.

The sharp fall in long-term interest rates in Switzerland, which led to a very strong performance on the Swiss bond market and also had a positive impact on Swiss real estate investments, was also striking.

Earmarked Fixed Assets

Suva's assets are earmarked for specific purposes. They are used to cover the statutory provisions for the approximately 75,000 pensions, for future medical costs and daily allowances, and other statutory insurance benefits related to accidents and occupational illnesses.

Surplus provisions and own funds benefit the insured persons in the form of lower premiums. From 2019 to 2024, the insurance company estimates that this will reduce the burden on Switzerland as a workplace by a total of around 2.8 billion francs.

The Suva Council will decide on the appropriation of the 2024 annual result in June, with the annual media conference scheduled for June 13, 2025, in Lucerne.