Swiss Life Holding AG 2008 AR2
The report outlines Swiss Life Group's performance and strategic developments during 2008, a year heavily impacted by the global financial crisis. Despite a challenging market that reduced its financial result, the company achieved a net profit of CHF 345 million, bolstered by the divestments of its Dutch and Belgian businesses and Banca del Gottardo. A major milestone was the acquisition of the AWD Group, which significantly expanded Swiss Life's distribution capacity. Additionally, the company established a strategic partnership with Talanx to drive international growth. Swiss Life prioritized capital protection, risk management, and cost efficiency, successfully maintaining a solid capital base.
Company: Swiss Life Holding AG
Sector: Finance & insurance
Country: Switzerland
Year: 2008
Type: AR2
Pages: 243
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Swiss Life Holding AG
Annual Report
The report outlines Swiss Life Group's performance and strategic developments during 2008, a year heavily impacted by the global financial crisis. Despite a challenging market that reduced its financial result, the company achieved a net profit of CHF 345 million, bolstered by the divestments of its Dutch and Belgian businesses and Banca del Gottardo. A major milestone was the acquisition of the AWD Group, which significantly expanded Swiss Life's distribution capacity. Additionally, the company established a strategic partnership with Talanx to drive international growth. Swiss Life prioritized capital protection, risk management, and cost efficiency, successfully maintaining a solid capital base.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees