The company's purpose is to operate non-life insurance businesses, excluding direct life insurance. The company may establish branches and subsidiaries in Switzerland and abroad, and may also participate in or acquire other insurance companies. The company may acquire, mortgage and manage real estate, as well as acquire, hold and dispose of patents, trademarks, copyrights, design rights and all other intellectual property rights. The company may conduct all business activities that are directly or indirectly related to its purpose or the investment of its assets.