Groupe Mutuel Holding


The Hill We Climb

This was the title of the poem read by the young poet Amanda Gorman at the inauguration ceremony of the new President of the United States on 20 January 2021. This title perfectly reflects our state of mind as we look back over the 12 past troubled months. The COVID-19 pandemic is everywhere. It is disrupting not only our lives but also the Swiss health system.

[ Lire la suite ]

Key figure

Groupe Mutuel Holding SA


Amount refunded to policyholders, due to take place in 2022, depending on the status of financial reserves as at 31.12.2020.

Health sector

A stable financial year
The turnover in the Health sector amounted to CHF 5.27 billion.
This result contributed significantly to the balanced performance of Groupe Mutuel Holding SA.

Turnover under LAMal/KVG
The gross premium volume for compulsory health insurance (LAMal/KVG) levelled at CHF 4.12 billion. On the other hand, insurance benefits amounted to CHF 4 billion and the positive surplus for LAMal/KVG insurance reached CHF 6 million, an amount that was fully credited to the financial reserves.

Private supplemental insurance LCA/VVG & LAA/UVG
Private supplemental insurance products offered by the two private insurance companies, Groupe Mutuel Assurances GMA SA and Mutuel Assurances SA, ended 2020 with a positive result of CHF 15 million.

Efficient cost tracking measures
Thanks to cost tracking measures, particularly for invoices, CHF 564 million were saved, which represents 10.4% of expenses.

Lower increase in health costs
For 2020, Groupe Mutuel estimates that health costs increased by 0.64% (at the end of February 2021). The increase was significantly less than in previous years, but it is feared that this respite for premium payers may come to an end if effective cost-containment measures are not taken.

Number of persons insured under basic AOS/OKP insurance
Competition among insurers resulted in a number of AOS/OKP policyholders leaving Groupe Mutuel. Therefore, the number of persons insured with basic insurance was 950,000 as at 31 December 2020.

Life sector

Individual pension plans remain a major concern
Despite the difficulties related to the financial markets and interest rates, life insurance products remain important and necessary for the general public, as confirmed once again by the “Worry Barometer”. According to Crédit Suisse, the coronavirus pandemic and its consequences were at the top of the list of concerns for the Swiss people in 2020 and retirement savings/AVS-AHV ranked second.

In this context, Groupe Mutuel Vie GMV SA was able to close the 2020 financial year on a successful note. Compared to 2019, the insurance underwriting improved and the financial result was able to remain at a satisfactory level. The balance sheet total rose by 7.31% to reach CHF 975 million. For financial year 2020, gross premiums for Groupe Mutuel Vie GMV SA were slightly down by 1.59% to 83.75 million and the number of policies in force as of 31 December 2020 is 39,346 policies.

Attractive insurance products
The focus of GMV is on individual life insurance with periodic premiums, to build up retirement savings or cover biometric risks (death and earning incapacity). The range of products is comprehensive and extensive but traditional combined insurance remains attractive, particularly for its financial guarantees and security. In 2020, the pricing of lump-sum benefits in the event of death was reviewed, which put GMV in an attractive position on the market.

Corporate sector

A significant increase once again
In 2020, corporate insurance continued to grow steadily, with the number of corporate clients increasing by more than 1,500 new customers to 25,500 companies insured by Groupe Mutuel. The overall turnover in this sector increased by CHF 24 million to over CHF 552 million, that is an increase of close to 5%. In terms of loss of earnings insurance, Groupe Mutuel now ranks fourth in Switzerland, ahead of most private insurers.

Successful performance of Groupe Mutuel Prévoyance-GMP
Groupe Mutuel Prévoyance-GMP also performed very well, with 2,666 affiliated companies and over 24,000 insured employees. It has an excellent coverage ratio of 115.7%. The remuneration of LPP/BVG assets was 3% in 2020, which is among the best in the market.

All insurance products under one roof
Companies are able to find the full range of insurance for their employees under one roof. The strong growth in the number of corporate clients over the past years reflects the trust placed in the quality of our services, one of our main objectives.

Prevention and health in the workplace
CorporateCare is a considerable added-value with more than 150 experts and specialists who are at the disposal of companies to support them in managing health in the workplace. Groupe Mutuel provides the framework and toolbox to ensure that all corporate health matters are managed in the best possible way.


In 2020, Patrimony insurance activities consolidated their growth, with a turnover of CHF 19 million for legal protection coverage, private liability insurance and household contents insurance pursuant to LCA/VVG.

Launch of a new insurance product
Launched in 2020, the new product CyberProtect is an insurance against risks and disputes related to the use of the Internet and new digital technologies. This modern product covers a large number of digital risks. It combines prevention services, such as the online platform MyCyberProtect (, IT and legal assistance, with first-rate insurance benefits.


Groupe Mutuel is organised in the form of a holding company. The companies that make up the holding company are active in various insurance fields, such as health, life, patrimony or corporate insurance. Groupe Mutuel Holding SA is wholly owned by Fondation Groupe Mutuel, a non-profit foundation. The Foundation supports the well-being of the general public in Switzerland, as well as health promotion and prevention measures, by carrying out a wide range of activities.

Structure of Groupe Mutuel

Overview of the subsidiaries of Groupe Mutuel Holding SA and their activities

Organisational chart of Groupe Mutuel