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Sale of Nationale Suisse’s group life business to Swiss Life approved

04.04.2011

The transfer of Nationale Suisse’s entire group life business to Swiss Life announced on 18 January 2011 has been approved by the supervisory authorities. The sale will be formally completed on 6 April 2011, with retroactive effect as of 1 January 2011.

Details on the transaction can be found in the media releases of the two insurance companies from 18 January 2011:

» Swiss Life
» Nationale Suisse

Swiss Life
The Swiss Life Group is one of Europe's leading providers of life insurance and pension solutions. In Switzerland, France and Germany, the Group offers individuals and corporations comprehensive advice and a broad range of products through its own sales force as well as brokers and banks. Swiss Life provides international corporations with employee benefits solutions from a single source, and is one of the global leaders in structured life and pension products for international high net worth individuals.

The AWD Group has been part of the Swiss Life Group since 2008. Hanover-based AWD is one of the leading European financial services providers in the medium and high-income client segments and offers its clients comprehensive financial advisory services. Germany, the UK, Austria and Switzerland are the AWD Group's core markets.

Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group employs a staff of around 8100.
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