Schweizerischer Pool für Erdbebendeckung, Normaway Description Exànded Info

Switzerland SPE System Description

Brief introduction to the organization SPE

The Swiss Earthquake Poll (SPE) was founded on the initiative of the Public Insurance Companies for Real Estate (KGV) that did not have compulsory earthquake insurance. In the event of an earthquake, it provides its members with a max. two times CHF 2 billion available for claims settlement. Earthquakes are rare in Switzerland, but as a natural event they have a great potential for damage.

Established in 1978.

Legal form:
Simple partnership (according to Art. 530 ff. OR).

The Public Insurance Companies for Real Estate of the following cantons are members of the SPE: Aargau, Appenzell Ausserrhoden, Basel-Landschaft, Basel-Stadt, Freiburg, Glarus, Graubünden, Jura, Lucerne, Neuchâtel, Nidwalden, Schaffhausen, Solothurn, St.Gallen, Thurgau, Vaud, Zug (as of December 31, 2019).