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Facts & Figures

The Swiss Life Group’s 2018 financial year at a glance

Business overview — The Swiss Life again posted pleasing growth in the 2018 financial year: adjusted profit from operations increased by 4% over the previous year to CHF 1553 million and net profit rose by 7% to CHF 1080 million. Swiss Life was able to increase its fee income by 6% to CHF 1615 million in local currency. At the same time, the Group posted premium growth of 2% in local currency to CHF 19.2 billion; insurance reserves to the benefit of the company’s policyholders rose by 2% in local currency. In its insurance business Swiss Life generated direct investment income of CHF 4.4 billion, which corresponds to a direct investment yield of 2.9%. The net investment yield was 3.0%. As of 31 December 2018, Swiss Life Asset Managers had a total of CHF 233 billion assets under management. In investment business for third-party customers, assets under management rose to CHF 71.2 billion at the end of 2018 – a plus of 16% over the previous year. In the year under review, Swiss Life very successfully completed its three-year Group-wide programme “Swiss Life 2018”. All the targets were achieved – in most cases exceeded.

Markets — As a leading European provider of comprehensive life and pensions and financial solutions, the Swiss Life Group enables people to lead a self-determined life. In Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks. The Swiss Life Select, Tecis, Horbach, Proventus, Chase de Vere and Fincentrum advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products. The subsidiaries Livit, Corpus Sireo, Mayfair Capital and Beos are also part of the Group.

Employees — At the end of 2018 the Swiss Life Group employed approximately 8600 people worldwide and had a network of some 14 000 advisors.

1 adjusted
1 equity excl. unrealised gains/losses on bonds