Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. Swiss Life Holding AG
  6. News
  7. Summary
    SLHN   CH0014852781

SWISS LIFE HOLDING AG

(SLHN)
  Report
Real-time Estimate Cboe Europe  -  10:56 2022-09-27 am EDT
438.40 CHF   -1.11%
08:33aAlphaValue/Baader Europe Lowers Price Target on Swiss Life, Upgrades Recommendation to Buy
MT
09/16Partners Group to Offload Minority Stake in Dutch Offshore Windfarm
MT
09/15AlphaValue/Baader Europe Lifts Price Target on Swiss Life, Maintains Add Recommendation
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Swiss Life : International successfully completes acquisition of elipsLife

07/01/2022 | 12:23pm EDT

Zurich, 1 July 2022

Swiss Life International successfully completes acquisition of elipsLife

Swiss Life International has successfully completed the acquisition of elipsLife with effect from 1 July 2022 in the context of its partnership with Swiss Re announced on 10 December 2021.

elipsLife, headquartered in Liechtenstein with branches in various European countries, is an insurance company for institutional clients such as pension funds and corporates. The company focuses on insurance products that cover the financial consequences of illness, death and accidents.

The partnership between Swiss Life International and Swiss Re aims to provide biometric risk solutions to corporates. Swiss Life will act as the primary insurer, responsible for partner and client servicing, distribution and operations. In this role, Swiss Life International is further strengthening its presence in core employee benefits markets and scaling its operational platform. Swiss Re will focus on its reinsurance capabilities by reinsuring the existing book and will participate with a share in the new business.

"We are very pleased to have found the perfect partner in Swiss Life to take elipsLife into a successful future", says Andreas Berger, CEO of Swiss Re Corporate Solutions. Nils Frowein, CEO of Swiss Life International, comments: "This acquisition will significantly strengthen our employee benefits offering in Europe and will contribute to our risk and fee result which is fully aligned with Swiss Life's strategy."

Swiss Life media release of 1 July 2022

1 / 2

Information

Media Relations

Phone +41 43 284 77 77 media.relations@swisslife.ch

Investor Relations Phone +41 43 284 52 76 investor.relations@swisslife.ch

www.swisslife.com

Follow us on Twitter

@swisslife_group

Further information

All our media releases can be found at swisslife.com/mediareleases

Swiss Life

The Swiss Life Group is one of Europe's leading comprehensive life and pensions and financial solutions providers. In its core markets of Switzerland, France and Germany, Swiss Life offers individuals and corporations comprehensive and individual advice plus a broad range of own and partner products through its sales force and distribution partners such as brokers and banks.

Swiss Life Select, Tecis, Horbach, Proventus, Fincentrum and Chase de Vere advisors choose suitable products for customers from the market according to the Best Select approach. Swiss Life Asset Managers offers institutional and private investors access to investment and asset management solutions. Swiss Life provides multinational corporations with employee benefits solutions and high net worth individuals with structured life and pensions products.

Swiss Life Holding Ltd, registered in Zurich, was founded in 1857 as Schweizerische Rentenanstalt. The shares of Swiss Life Holding Ltd are listed on the SIX Swiss Exchange (SLHN). The Swiss Life Group also includes various subsidiaries. The Group employs a workforce of around 10 000 and has at its disposal a distribution network of over 17 000 advisors.

Swiss Life corporate film

Cautionary statement regarding forward-looking information

This publication contains specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect" or similar expressions. Such forward-looking statements, by their nature, are subject to known and unknown risks, uncertainties and other important factors. These may result in a substantial divergence between the actual results, developments and expectations of Swiss Life and those explicitly or implicitly described in these forward-looking statements. Given these uncertainties, the reader is reminded that these statements are merely projections and should not be overvalued. Neither Swiss Life nor its Members of the Board of Directors, executive managers, managers, employees or external advisors nor any other person associated with Swiss Life or with any other relationship to the company makes any express or implied representation or warranty as to the correctness or completeness of the information contained in this publication. Swiss Life and the abovementioned persons shall not be liable under any circumstances for any direct or indirect loss resulting from the use of this information. Furthermore, Swiss Life undertakes no obligation to publicly update or change any of these forward-looking statements, or to adjust them to reflect new information, future events, developments or similar.

Swiss Life media release of 1 July 2022

2 / 2

Disclaimer

Swiss Life Holding AG published this content on 01 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2022 16:22:10 UTC.


© Publicnow 2022
All news about SWISS LIFE HOLDING AG
08:33aAlphaValue/Baader Europe Lowers Price Target on Swiss Life, Upgrades Recommendation to ..
MT
09/16Partners Group to Offload Minority Stake in Dutch Offshore Windfarm
MT
09/15AlphaValue/Baader Europe Lifts Price Target on Swiss Life, Maintains Add Recommendation
MT
09/09Swiss Life Holding Unit, Norges Bank Investment Partner To Buy Properties In Berlin, Pa..
MT
09/09Norway Oil Fund Buys 65% Stake in Paris and Berlin Properties For Combined EUR438 Milli..
DJ
09/09Norges Bank Investment Management and Swiss Life Holding AG signed an agreement to acqu..
CI
09/09Norges Bank Investment Management agreed to acquire a 65% stake in VoltAir from A B G R..
CI
08/29DigitalBridge Group Closes First Stage of DataBank Recapitalization
MT
08/26Bank Vontobel Lifts Price Target on Swiss Life, Maintains Buy Recommendation
MT
08/25Swiss Insurer Baloise's Interim Earnings Hit By Weak Financial Markets But Beat Expecta..
MT
More news
Analyst Recommendations on SWISS LIFE HOLDING AG
More recommendations
Financials
Sales 2022 22 127 M 22 320 M 22 320 M
Net income 2022 1 298 M 1 309 M 1 309 M
Net Debt 2022 - - -
P/E ratio 2022 10,2x
Yield 2022 6,11%
Capitalization 13 665 M 13 784 M 13 784 M
Capi. / Sales 2022 0,62x
Capi. / Sales 2023 0,60x
Nbr of Employees 11 866
Free-Float 97,5%
Chart SWISS LIFE HOLDING AG
Duration : Period :
Swiss Life Holding AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SWISS LIFE HOLDING AG
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 10
Last Close Price 443,30 CHF
Average target price 577,96 CHF
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Patrick Frost Group Chief Executive Officer
Matthias Aellig Chief Financial & Risk Officer
Rolf Hugo Dörig Chairman
Stefan Mächler Group Chief Investment Officer
Franziska Tschudi Sauber Independent Director
Sector and Competitors
1st jan.Capi. (M$)
SWISS LIFE HOLDING AG-20.70%13 784
AXA-10.20%52 263
METLIFE, INC.-2.61%48 543
AFLAC INCORPORATED-2.67%35 912
PRUDENTIAL FINANCIAL, INC.-19.31%32 490
MANULIFE FINANCIAL CORPORATION-10.83%29 879