Swiss Life - Provider of pension & life insurance products

Swiss Life

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The Swiss Life Group is of Europe's leading providers of pension & life insurance products.

Swiss Life wants to achieve a position of pensions leadership. We are committed to helping people create a financially secure future. For life.

These pages provide you with information on our company, our performance, upcoming events and the Swiss Life share.

The Swiss Life Group can offer you interesting professional challenges. Find out more on our Jobs & Careers page.

Information, press releases, info kits, annual and half-year results, visuals, presentations and speeches.

Contacting the Swiss Life Group

HY 2009

The Swiss Life Group is one of Europe's leading providers of pension & life insurance products.

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Half-Year Report 2009: Facts & Figures at a glance

News

The Swiss Life Group has appointed Matthias Aellig (38), formerly Chief Actuary Life of Zurich Switzerland, as its new Chief Risk Officer, with effect from the second quarter of 2010.

Swiss Life is presenting the MILESTONE programme at its Investors’ Day today. By 2012, Swiss Life aims to generate a return on equity of 10-12%, with over 70% of its new business in non-traditional and risk products, and to double the new business margin to over 2%. Distribution is also to be further strengthened through independent distribution channels. As regards AWD, Swiss Life is aiming for a distribution share of 20-25% of Swiss Life products in relevant product categories. By 2012, Swiss Life expects a dividend payout ratio of 20-40% of the reported profit.
At the centre of the MILESTONE programme aimed at sustainably boosting the Group’s profitability and competitiveness are five main thrusts:
- consistent focus on life and pensions products with variable guarantees and pure risk products in order to enhance customer value and boost profitability
- ambitious use and increase of distribution power
- ongoing improvements in operational efficiency and sustainable reduction in costs
- reduction in earnings volatility and strengthening of the balance sheet
- disciplined execution of plans and objectives

Swiss Life sold part of its equity stake in MLP to the German health insurer Barmenia today, reducing its stake from 15.9% to 9.9%. It has been agreed not
to disclose the purchase price.

With premium income of CHF 3.2 billion in the third quarter of 2009, the Swiss Life Group achieved 5% growth over the previous year. At the same time, operating costs were reduced by 3% over the same period. The Group solvency ratio increased to 168% by the end of September. AWD has returned to operational profitability in the third quarter. Its results for 2009 will be significantly impacted by one-off charges and restructuring costs.

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