Insurance The Suva Contact EN Info Material Investment strategy With its capital investments, Suva generates returns in line with the market and ensures pensions for the long term. The investment strategy is based on longevity and broad diversification. In addition to the financial aspects, Suva also takes into account ecological, ethical and social minimum standards in its capital investments. Investment performance In the 2020 financial year, an overall performance of 5.3 percent was posted on fixed assets, amounting to around CHF 56 billion as of the end of 2020. Thanks to the strong global growth of the stock markets, equity investments achieved the largest contribution to this positive investment performance. Investments in bonds, loans, real estate and alternative investments also contributed to the result with their consistently positive returns. However, money market investments continued to suffer from negative interest rates. The consistent hedging of a large proportion of the foreign currency risks in a year in which the Swiss franc continually increased in value, has paid off. The purpose of financial investments Each year, despite major prevention efforts, a large number of occupational and leisure-time accidents occur which lead to disability or even death. In some 1,300 cases, accident victims receive a disability pension or widows/widowers or orphans receive a survivor’s pension. In the year a pension is awarded, Suva defers funds for future pension payments as pension actuarial reserves. This capital constitutes the largest share of fixed assets. Provisions for short-term insurance benefits, such as treatment costs and daily allowances, as well as reserves make up the remaining assets. Long-term investment horizon The investment strategy is based on longevity and broad diversification. It has a balanced investment portfolio. Around half of the assets are invested in interest rate and credit investments, 30 percent are invested in shares and private equity, around 13 percent are invested in real estate and real estate funds, and the remainder is invested in other alternative investments. With this strategy, Suva achieves adequate return on the long-term average. Low-risk, fixed-interest capital investments alone would not meet the return requirements. To compensate for significant fluctuations in value on capital investments, in good years Suva increases fluctuation reserves. In bad years it releases them again. the distribution is based on risk premiums. The share ratio also includes private equity and equity-hedged portfolios, for example. Grouping by risk premiums Strategy framework Yield and performance Suva’s investment strategy can best be compared to that of a pension fund. Thanks to its balanced investment portfolio, Suva is able to survive even the most difficult times. A comparable investment strategy would have achieved an average annual yield of 5.6 percent since 1918. The realised performance since 2000 exceeds similar pension fund indices, e.g. the BVG-25-Index and the CS Pension Fund Index. The positive performance of CHF 100 invested in accordance with Suva’s investment strategy (blue curve) would have defied all of the financial crises (bars in the negative zone) since 1918. Suva is a healthy company. Have a look at the latest figures from the Annual Report. Suva’s Annual Report Responsible investor In addition to the financial aspects, Suva also takes into account ecological, ethical and social issues. The normative basis for this is Swiss legislation as well as the ten basic principles of the UN Global Compact . These follow the Universal Declaration of Human Rights and the Declaration on Fundamental Principles and Rights at Work of the International Labour Organization. They also take into account the principles of the Rio Declaration on Environment and Development as well as the UN Convention against Corruption . Suva strongly believes that the effects of a responsible investment strategy can be enhanced when different market actors pursue the same goals together. United Nations Principles for Responsible Investment Swiss Sustainable Finance Swiss association for responsible investments Suva’s voting record Suva and its pension fund foundation make active use of their voting rights when it comes to Swiss shares. Information on their voting record is available here in the language of the respective general meeting. Year 2021 2020 2019 2018 General meeting ABB 2021 03 25 Adecco SA 2021 04 08 Alcon 2021 04 28 Allreal Holding AG 2021 04 16 Also Holding AG 2021 03 17 Ascom Holding AG 2021 04 21 Bachem Holding AG 2021 04 28 Baloise Holding AG 2021 04 30 BB Biotech AG 2021 03 18 Belimo Holding AG 2021 03 29 Berner Kantonalbank AG 2021 05 18 BKW AG 2021 05 07 Bossard Holding AG 2021 04 12 Bucher Industries AG 2021 04 15 Cembra Money Bank AG 2021 04 22 Clariant AG 2021 04 07 Comet Holding AG 2021 04 22 Conzzeta AG 2021 04 21 Credit Suisse 2021 04 30 DKSH Holding AG 2021 03 18 Dottikon ES 2021 07 02 Dtwyler Holding AG 2021 03 09 Dufry AG 2021 05 18 EFG International AG 2021 04 29 Emmi AG 2021 04 15 Ems Chemie Holding AG 2021 08 07 Flughafen Zuerich AG 2021 04 22 Forbo Holding AG 2021 04 01 Galenica AG 2021 05 12 Geberit AG 2021 04 14 Georg Fischer AG 2021 04 21 Givaudan SA 2021 03 25 Gurit Holding AG 2021 04 14 Helvetia Holding AG 2021 04 30 Idorsia 2021 05 12 Implenia AG 2021 03 30 Inficon Holding AG 2021 03 31 Interroll Holding AG 2021 05 07 Julius Baer Gruppe AG 2021 04 14 Kardex AG 2021 04 15 Kuehne Nagel International AG 20210504 LafargeHolcim Ltd 2021 05 04 Leonteq AG 2021 03 31 Liechtensteinische Landesbank AG 2021 05 07 Lindt Spruengli AG 20210504 Logitech international SA 2021 09 08 Lonza Group AG 2021 05 06 Medacta Group 2021 05 25 Mobilezone AG 2021 04 07 Nestle AG 2021 04 15 Novartis AG 2021 03 02 Novavest Real Estate 2021 03 24 OC Oerlikon AG 2021 04 13 Orior AG 2021 04 26 Partners Group 2021 05 12 PSP Swiss Property AG 2021 03 31 Richemont SA 2021 09 08 Roche Holding AG 2021 03 16 Romande Energie Holding SA 2021 06 29 Schindler Holding AG 2021 03 23 SFS Group AG 2021 04 22 SGS SA 2021 03 23 Siegfried Holding AG 2021 04 22 SIG Combibloc Group AG 2021 04 21 Sika AG 2021 04 20 SoftwareONE 2021 05 20 Sonova Holding AG 2021 06 15 St Galler Kantonalbank AG 2021 05 05 Stadler Rail 2021 05 06 Straumann Holding AG 2021 04 09 Sulzer AG 2021 04 14 Sulzer AG 2021 09 20 ao GV Swatch Group SA 2021 05 11 Swiss Life Holding AG 2021 04 23 Swiss Prime Site AG 2021 03 23 Swiss Re AG 2021 04 16 Swisscom AG 2021 03 31 Swissquote Group Holding SA 2021 05 06 Tecan Group Ltd 2021 04 13 Temenos Group AG 2021 05 20 UBS AG 2021 04 08 Valiant Holding AG 2021 05 19 Valora Holding AG 2021 03 31 VAT Group AG 2021 05 18 Vifor Pharma 2021 05 06 Vontobel Holding AG 2021 04 20 Zehnder 2021 03 26 Zueblin Immobilien Holding AG 2021 06 22 Zur Rose 2021 04 29 Zurich Insurance Group AG 2021 04 07 Download Further information of the respective general meeting is available here: General meetings 2015 (german) General meetings 2016 (german) General meetings 2017 (german) Material © Suva, 2020 Sitemap