Swiss Life further expands business volume at the start of the year

Gross premiums including policy fees and deposits received rose by 4 percent to CHF 8.20 billion from January to March, as reported on Thursday. In local currencies, income increased by 5 percent, following growth of 3 percent in 2025 as a whole.

Meanwhile, fees earned from financial advice, asset management and the sale of pension products, known as fee income, grew by 4 percent to 686 million francs. In local currencies, this figure rose by 6 percent.

Swiss Life's premium development figures were better than expected. Analysts were expecting an average volume of CHF 8.12 billion. Fee income was roughly in line with expectations. The company does not publish profit figures for the first quarter.

According to Group CEO Matthias Aellig, Swiss Life has made a good start to the financial year. The Group is still on track with its targets for 2027. Among other things, the three-year program targets a return on equity of 17 to 19 percent and an increase in the fee result to over one billion Swiss francs.

The Group is also expanding its financial advisory services in Germany with the acquisition of the Telis Group with around 1,800 advisors. With Telis, Swiss Life Germany employs around 8000 certified advisors and annual fee income will rise to over EUR 1 billion. The purchase price paid by Swiss Life for Telis has not been disclosed.