Insurance Swiss Life remains in growth mode after nine months

SDA

12.11.2025 - 07:17

Swiss Life has continued to grow in both the insurance and fee-based business. In the first nine months of the year, the financial group received billions in new assets in asset management. (archive picture)
Swiss Life has continued to grow in both the insurance and fee-based business. In the first nine months of the year, the financial group received billions in new assets in asset management. (archive picture)
Keystone

Swiss Life has continued to grow in both the insurance and fee-based business this year. In the first nine months of the year, the financial group received billions in new money in asset management.

Keystone-SDA

From January to September 2025, Swiss Life increased its premium volume in the insurance business by 2% to CHF 16.3 billion, as the Group announced on Wednesday. In local currencies, the volume grew by 3 percent after an increase of 5 percent in the middle of the year.

Swiss Life also remains on course for growth in the fee business, where the Group earns money with financial advice, asset management and the sale of pension products. Income here rose by 2 percent to CHF 1.9 billion, while currency-adjusted growth amounted to 3 percent after 2 percent in the first half of the year.

In the current year, Swiss Life has received large sums of new money in asset management for third-party clients (TPAM) such as pension funds and banks. This amounted to CHF 15.0 billion in the reporting period, compared with CHF 3.4 billion in the previous year. However, inflows were exceptionally high (CHF 9.3 billion) in the first quarter of 2025, which was mainly due to the launch of new index offerings.

Expectations just met

With the figures now presented, Swiss Life has just met analysts' expectations. In the run-up, experts had expected premium income of CHF 16.4 billion on average. The Group does not publish any results at this point in the year.

"We continued our positive development in the first three quarters of 2025 and expanded both the insurance and fee business," said Group CEO Matthias Aellig in the press release. The Group is "on track" with its new 2027 strategy program. Among other things, the Group is aiming for a return on equity in the range of 17 to 19 percent.