Group premium income decreased by 8% to CHF13.4bn in 9M 16 compared to the same period last year. Premium income declined by 6% to CHF8.2bn in the Swiss home market, the most important market (60% share) for the group in the same period. Premium income was down in local currency by 6% to CHF3.3bn in France and down by 5% to CHF905m in Germany. Premiums of the Insurance International segment fall by 40% in local currency to CHF1.0bn. Fee and commission income rose by 5% to CHF974m for 9M 16. T
09 Nov 2016
Limited 9M 16 information
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Limited 9M 16 information
Swiss Life Holding AG (0QMG:LON) | 0 0 (-0.3%) | Mkt Cap: 11,413m
- Published:
09 Nov 2016 -
Author:
Dieter Hein -
Pages:
2
Group premium income decreased by 8% to CHF13.4bn in 9M 16 compared to the same period last year. Premium income declined by 6% to CHF8.2bn in the Swiss home market, the most important market (60% share) for the group in the same period. Premium income was down in local currency by 6% to CHF3.3bn in France and down by 5% to CHF905m in Germany. Premiums of the Insurance International segment fall by 40% in local currency to CHF1.0bn. Fee and commission income rose by 5% to CHF974m for 9M 16. T