| // 27-08-2010 |
Swiss Life increased its net profit in the first half of 2010 over the prior-year period from CHF 139 million to CHF 269 million. This improvement is mainly attributable to the significant operational progress made. The Swiss Life Group also grew its gross written premiums, policy fees and deposits received by 20% (in local currency) to CHF 12 241 million
|
| // 04-08-2010 |
Payment of CHF 2.40 per registered share from reduction in par value on 29 July 2010
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| // 18-01-2010 |
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:
|
| // 18-01-2010 |
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.
|
| // 15-01-2010 |
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.
|
| // 11-01-2010 |
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.
|
| // 11-01-2010 |
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.
|
| // 20-11-2009 |
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.
|
| // 20-11-2009 |
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.
|
| // 09-11-2009 |
Swiss Life achieved a profit of CHF 172 million from continuing operations in the first six months of 2009 (+13%; HY 2008: CHF 152 million); the net profit stood at CHF 139 million.
|
| // 16-10-2009 |
Swiss Life achieved a profit of CHF 172 million from continuing operations in the first six months of 2009 (+13%; HY 2008: CHF 152 million); the net profit stood at CHF 139 million.
|
| // 07-09-2009 |
# Swiss Life achieved a profit of CHF 172 million from continuing operations in the first six months of 2009 (+13%; HY 2008: CHF 152 million); the net profit stood at CHF 139 million.
# The Group improved its result from operations by 11%.
# Adjusted for extraordinary impacts and currency effects, premiums rose 7% to CHF 10 387 million.
# The net investment result of 1.8% was significantly higher than the prior-year figure.
# Shareholders' equity came to CHF 6 752 million at the end of June 2009 (end 2008: CHF 6 609 million).
|
| // 28-07-2009 |
As was approved by the shareholders at the Annual General Meeting of Swiss Life Holding Ltd on 7 May 2009, a dividend of CHF 5 per share will be paid for the 2008 financial year. The dividend distribution will take the form of a repayment of par value, as in previous years.
|
| // 17-05-2009 |
The Swiss Life Group generated a premium income of CHF 6.4 billion in the first quarter of 2009, down 1% on the comparable prior-year figure. The investment result on the insurance portfolio developed positively in line with expectations. The capital base remains solid with an IFRS group solvency ratio of 150%, or 180% on a statutory basis. The AWD Group experienced a decline in income and results vis-à-vis the previous year. Initial measures to improve the situation have been introduced. In addition, Swiss Life announces that Thomas Müller, Group Chief Financial and Risk Officer, has decided to leave the Swiss Life Group at the end of June for personal reasons, following seven successful years of service. Bruno Pfister, Group CEO, will assume responsibility for the finance area until a successor is appointed.
|
| // 13-04-2009 |
Swiss Life and Talanx have agreed on a strategic partnership for cooperation in key business areas. Talanx will acquire a stake of up to 9.9% in Swiss Life and will take over a participation of 8.4% in MLP from Swiss Life's holdings. In addition, Swiss Life confirms the preliminary figures for 2008 presented on 20 February 2009
|
| // 26-12-2008 |
After conducting the necessary clarifications, Swiss Life has ascertained that it holds no direct investments in products managed by Madoff Investment Securities, but is exposed to an amount of roughly CHF 90 million via Fund of Funds offered by providers such as RMF, UBP and Reichmuth. This corresponds to less than 0.1% of Swiss Life's assets under management.
|
| // 18-12-2008 |
The Board of Directors of Swiss Life Holding Ltd will put forward Frank Schnewlin for election to the Board of Directors at the General Meeting of Shareholders on 7 May 2009.
|
| // 26-11-2008 |
Swiss Life is changing the division of responsibilities between Group head office and the business units and reducing the number of IT projects. The future Corporate Center will concentrate on Group functions. Strict priorities will be defined for IT projects.
|
| // 25-11-2008 |
Swiss Life is further expanding its business in the global market of life insurance solutions for high net worth individuals and is opening an insurance intermediation office in Dubai. This will enable Swiss Life to benefit from the growth opportunities in the Middle East.
|
| // 17-11-2008 |
In the first nine months of 2008, the Swiss Life Group generated a premium volume of CHF 14.0 billion in continuing operations, a 1% rise on the same period last year. Despite the substantial deterioration in the financial market situation since the end of September, Swiss Life's capitalisation is good.
|
| // 28-10-2008 |
|
| // 06-10-2008 |
In Germany, Swiss Life is launching its first ever variable annuity product – Swiss Life Champion. Variable annuities ideally combine traditional insurance and modern investment products, offering customers greater flexibility and opportunities for higher returns in comparison with traditional life insurance products.
|
| // 02-10-2008 |
Swiss Life's Board of Directors has appointed Klaus G. Leyh, formerly Chief Market Officer of Swiss Life in Germany, as new CEO Germany and member of the Swiss Life Group’s Corporate Executive Board. Klaus G. Leyh will assume his new position on 1 October 2008 as the successor of Manfred Behrens, who became Co-CEO of AWD at the beginning of September.
|
| // 21-08-2008 |
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