Targets met earlier than planned
Swiss Life has become a focused European life insurer in recent years and is excellently positioned to substantially benefit from this growth. It is the only leading international player in Switzerland, France and Germany that concentrates on life insurance and pension solutions. Swiss Life has progressed greatly in terms of its strategic directions of growth, efficiency and leadership and, in many areas, attained the goals it set for 2008 one year earlier than planned.
Growth | The Swiss Life Group posted an above-average increase in gross written premiums, with premium income coming to CHF 24 billion in 2007.
Efficiency | Swiss Life sustainably improved its cost situation by reducing the operating expense ratio from approximately 10% to under 7% over a five-year period.
leadership | Employee commitment climbed steadily from 61 out of 100 index points in 2004 to 77 index points in 2007.
Thanks to these developments, Swiss Life surpassed its 2008 profit target of CHF 1 billion already in 2007. The company has also exceeded its 10% return on equity target annually since 2004.
