Business
Swiss Life : Results and reports (Swiss Life Group Media Release 3M26 en)
Swiss Life : Results and reports (Swiss Life Group Media Release 3M26
About this update from Swiss Life Holding Ag
[{"type":"text","content":"\n \n \n Zurich, 21 May 2026\n \n \n Ad hoc announcement pursuant to Art. 53 LR\n \n \n \n Swiss Life achieves top-line growth in the first quarter of 2026 with fee income up 6% and premiums up 5%\n \n \n Fee income: CHF 686 million (+6% in local currency)\n \n \n Premiums: CHF 8.2 billion (+5% in local currency)\n \n \n Direct investment income: CHF 942 million (prior-year period: CHF 1084 million)\n \n \n TPAM: net new assets: CHF 4.2 billion; AuM: CHF 148 billion (31 March 2026)\n \n \n SST ratio as at 31 March 2026: around 210% (31 December 2025: 213%)\n \n \n Swiss Life Germany acquires TELIS Group with around 1800 certified advisors and thus strengthens its position as a leading financial advisory company in Germany.\n \n \n \n \"We achieved pleasing top-line growth in the first quarter of 2026 and further increased both the fee and the insurance business,\" says Matthias Aellig, Group CEO of Swiss Life. \"I am particularly pleased with the growth in our fee business across all divisions. With our performance in the first quarter of 2026, we are well on track with the 'Swiss Life 2027' programme.\"\n \n \n \n Swiss Life further grew its fee business in the first three months of 2026. Fee income was up by 6% in local currency to CHF 686 million (prior-year period: CHF 659 million). Growth was supported by higher contributions from Asset Managers, owned IFAs, as well as own and third-party products and services. Premiums grew to CHF 8.2 billion in the first quarter, an increase of 5% in local currency (prior-year period: CHF 7.9 billion).\n \n \n \n Growth of fee business in all divisions\n \n \n In its home market of Switzerland, Swiss Life achieved premiums of CHF 5.0 billion, an increase of 10% compared to the same period in the previous year. The assets under management in the semi-autonomous business were CHF 8.1 billion as at the end of March 2026 (31 December 2025: CHF 8.4 billion). Fee income increased by 2% to CHF 93 million. Swiss Life in France achieved EUR 2.0 billion in premiums, a decline of 2% in local currency. In the life business, premiums slightly decreased by 1%. The unit-linked share within total life premiums was at 73% (prior-year\n \n \n period: 65%), reflecting the unchanged focus on unit-linked solutions. Fee income increased by 8% to EUR 166 million. Swiss Life in Germany posted premiums of EUR 425...