Pre-tax profit increased by 3% to CHF644m for H1 16 compared to the same period last year. Net earned premiums were down by 4% to CHF8.2bn for H1 16. Investment income rose by 2% to CHF2.2bn for H1 16. Total income declined by 6% to CHF11.4bn for H1 16 compared to H1 15. Total expenses decreased by 7% to CHF10.7bn. Net profit attributable to common shares was up by 2% to CHF499m for H1 16 compared to H1 15. Shareholders’ equity rose by 18% to CHF14.3bn at end June 2016 compared to the p
11 Aug 2016
Slightly better H1 16 earnings
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Slightly better H1 16 earnings
Swiss Life Holding AG (0QMG:LON) | 0 0 (-0.3%) | Mkt Cap: 11,413m
- Published:
11 Aug 2016 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 3% to CHF644m for H1 16 compared to the same period last year. Net earned premiums were down by 4% to CHF8.2bn for H1 16. Investment income rose by 2% to CHF2.2bn for H1 16. Total income declined by 6% to CHF11.4bn for H1 16 compared to H1 15. Total expenses decreased by 7% to CHF10.7bn. Net profit attributable to common shares was up by 2% to CHF499m for H1 16 compared to H1 15. Shareholders’ equity rose by 18% to CHF14.3bn at end June 2016 compared to the p