KEYSTONE
Zug-based health insurer Klug is insolvent and will cease operations at the end of 2025 after more than a century. The reasons are financial problems and internal disagreements.
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- After 107 years, Zug-based health insurer Klug will cease operations at the end of 2025.
- The Federal Office of Public Health confirmed its insolvency at the beginning of August.
- The company blamed the difficulties on strong membership growth and discrepancies in financial information.
Zug-based health insurer Klug is insolvent. The 107-year-old company…