Swiss Life released a Q1 statement with limited information (no income statement or balance sheet) and not a Q1 report. Premium income decreased by 10% to CHF6.7bn in Q1 16 compared to the same period last year. The core market, Switzerland, was down by 9%. Premium income of France and Germany was mainly unchanged whereas International was down by 41%. Fee income rose by 5% to CHF332m for Q1 16 compared to Q1 15. Swiss Life posted a non-annualised RoI of 0.7% for Q1 16 compared to 0.9% for Q1
12 May 2016
Weak start in Switzerland
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Weak start in Switzerland
Swiss Life Holding AG (0QMG:LON) | 0 0 (-0.3%) | Mkt Cap: 11,413m
- Published:
12 May 2016 -
Author:
Dieter Hein -
Pages:
2
Swiss Life released a Q1 statement with limited information (no income statement or balance sheet) and not a Q1 report. Premium income decreased by 10% to CHF6.7bn in Q1 16 compared to the same period last year. The core market, Switzerland, was down by 9%. Premium income of France and Germany was mainly unchanged whereas International was down by 41%. Fee income rose by 5% to CHF332m for Q1 16 compared to Q1 15. Swiss Life posted a non-annualised RoI of 0.7% for Q1 16 compared to 0.9% for Q1