Editorial
Some years serve as milestones, some confirm a direction, and others remind us of what truly matters. 2025 will have been a year of confirmation: the confirmation of our strategy, our business model and of our ability to align economic performance with human responsibility.
2025 also brought us back to the fundamentals: people. We are more convinced than ever that people must remain at the heart of everything: our decisions, our ambitions, and our relationships with both our customers and our staff.
We have watched this philosophy take shape, grow and become firmly established. It is apparent wherever our commitment takes on a tangible form. It is reflected in the quality of our relationships, in the trust we build every day, and in the solidarity that unites us even in the most challenging of times.
“Our focus on people is not just a posture: it is a driver of performance, trust and resilience”, explained Karin Perraudin, President of the Board of Groupe Mutuel. “Therefore, 2025 was a year of solid results, in which our collective efforts bore tangible fruit. With a consolidated profit of CHF 115 million, it was, overall, a very positive year for Groupe Mutuel. Targets were exceeded in private insurance, underscoring the effectiveness of the strategic direction implemented in recent years and the ongoing commitment of our employees.”
Private insurance and occupational pensions maintained their growth, demonstrating contained and highquality momentum, underpinned by careful management and a commitment to continuous improvement. Growth in these sectors is accelerating and this is encouraging.
“In basic health insurance, our strong technical performance and sound financial solvency demonstrate that we remain firmly in control of our core business, despite growing market challenges”, added Thomas Boyer, CEO of Groupe Mutuel. “Of course, this year was not without its difficulties. The loss of 44,000 insured persons in compulsory health insurance, although anticipated, reflects the reality of a highly competitive market and the constant need for a company to remain agile and flexible. “
“But this situation has not weakened our momentum. On the contrary, it has prompted us to sharpen our focus, reassess our approach and strengthen team cohesion. And whilst some markets contracted, others accelerated, meaning that we had an excellent year in 2025”, said the CEO.
Individual and occupational pensions saw significant growth, which is a sign of our clients’ renewed confidence in our solutions and our ability to support them through their most significant life events. This is a sign that the diversification of our activities, which began a few years ago, is truly bearing fruit. The Corporate sector also continued to grow and consolidated its position with turnover approaching CHF 1.1 billion, up by CHF 76 million.
“Ultimately, the company’s objectives have been met, confirming the relevance of our strategy and our unique position in the market as the only multiline insurer in the health and pension sector”, added the President of the Board.
Karin Perraudin, President of the Board of Groupe Mutuel
Thomas Boyer, Chief Executive Officer
