The company aims, as self-insurance for the Swiss Post and its current and future subsidiaries, to operate direct and reinsurance business in all branches of casualty insurance domestically and abroad, as well as to provide all related services. Within the framework of the group guidelines, it may conduct all legal transactions that serve the corporate purpose, namely: a) acquire and dispose of real estate; b) establish companies; c) participate in companies; d) raise and invest funds in the money and capital markets. Within the framework of the group guidelines, the company may grant loans, credits, or other types of financing to its direct or indirect parent companies, their direct or indirect subsidiaries, or other group companies, and provide securities for its own liabilities as well as liabilities of such other companies, including guarantees, pledges, global assignments, security transfers, security assignments, and hold harmless declarations, even if such loans or securities are provided free of charge. Furthermore, the company may conduct liquidity balancing / concentration of net liquidity (cash pooling) or join such an arrangement with the aforementioned companies, including periodic account balancing (balancing). All of this, the company may also do without consideration, on preferential terms, without interest, excluding the profit-seeking nature of the company, and assuming clumping risks. The company may act within the legal framework in the interest of the group or individual group companies.
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