Zurich: Swiss Life unveils its new strategy for 2025

Tuesday 03rd December 2024 03:27 AM

Financial goals –

Swiss Life unveils its ambitious new strategy for 2025

Swiss Life projects significant gains for the period 2025-2027, including an increase in commission income to more than a billion.

Posted today at 7:57 a.m.

The insurance company is also targeting a redistribution ratio to shareholders of more than 75% from 2025.

KEYSTONE/Gaetan Bally

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Swiss Life unveiled its new strategy for the years 2025 to 2027 on Tuesday. The objectives include an increase in commission income to more than a billion by the end of the period and a redistribution ratio to shareholders of more than 75% from 2025, specifies the insurer in a press release.

In its 2024 strategic objectives, Swiss Life targeted commission income of 850 to 900 million francs and a redistribution rate of more than 60%.

For 2027, the return on equity is targeted at between 17 and 19%, after 10 to 12% during the previous strategic period. This will be achieved through growth in insurance business and improved efficiency.

Cash transfers

Cumulative cash transfers to the holding company will have to reach 3.6 to 3.8 billion between 2025 and 2027, compared to 2.8 to 3.0 billion over the previous period.

Finally, share buybacks for 750 million francs are planned between December 2024 and May 2026, after 1 billion during the previous strategic period.

The SST solvency test ratio remains targeted in a range of 140 to 190%.

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