Swiss Life : Key figures (incl. historical comparison)

1Swiss Life Group: Overview of Figures - First Half-Year 2022

Period-on-period comparison Swiss Life Group

In CHF million
	2022 HY	2021 HY	+/-
PREMIUM VOLUME
Gross written premiums, policy fees and deposits received	10 801	10 876	-1%
FIGURES FROM CONSOLIDATED STATEMENT OF INCOME
Net earned premiums	7 918	8 119	-2%
Fee and commission income	1 169	1 081	8%
Financial result	2 801	2 407	16%
TOTAL INCOME	12 000	11 571	4%
Net insurance benefits and claims	-7 212	-7 712	-6%
Policyholder participation	-1 929	-1 114	73%
Operating expense	-1 883	-1 787	5%
TOTAL EXPENSE	-11 093	-10 695	4%
PROFIT FROM OPERATIONS	907	876	4%
NET PROFIT	642	618	4%
Net profit attributable to
Equity holders of Swiss Life Holding	636	613	4%
Non-controlling interests	6	5	20%
In CHF million (if not stated otherwise)
	30.06.2022	31.12.2021	+/-
FIGURES FROM CONSOLIDATED BALANCE SHEET
Equity	10 883	16 522	-34%
Insurance reserves	175 598	192 496	-9%
Total assets	218 526	240 424	-9%
FURTHER KEY FIGURES
Assets under control	306 647	334 294	-8%
Number of employees (full-time equivalents)	10 272	10 219	1%
	2022 HY	2021 HY	+/-
Annualised return on equity for first half-year (in %) 1	11.8	11.3	+0.5 ppt
Value of new business	254	252	1%

1 equity excl. unrealised gains/losses on financial instruments

There may be minor discrepancies in total figures and percentages in this report due to rounding effects.

2Swiss Life Group: Overview of Figures - First Half-Year 2022

Key figures by segment

In CHF million
	2022 HY	2021 HY	+/-
SWITZERLAND
Gross written premiums, policy fees and deposits received	5 907	5 878	0%
Fee and commission income	163	157	3%
Segment result	503	458	10%
FRANCE
Gross written premiums, policy fees and deposits received	3 662	3 798	-4%
Fee and commission income	217	201	8%
Segment result	152	144	6%
GERMANY
Gross written premiums, policy fees and deposits received	718	724	-1%
Fee and commission income	331	323	2%
Segment result	105	142	-26%
INTERNATIONAL
Gross written premiums, policy fees and deposits received	540	494	9%
Fee and commission income	171	165	4%
Segment result	48	46	3%
ASSET MANAGERS
Fee and commission income	490	431	14%
Segment result	154	140	10%
OTHER
Fee and commission income	0	1	-78%
Segment result	-4	-3	-46%

3Swiss Life Group: Overview of Figures - First Half-Year 2022

First half-year net profit

In CHF million

750
		617		618	642
600	561		537
450
300			TBU
150
0
	2018	2019	2020	2021	2022

Profit from operations in first half-year

In CHF million

1 000				907
			876
	830
801	765
800
600
400		TBU
200
0
2018	2019	2020	2021	2022

Gross written premiums, policy fees and deposits received in first half-year

In CHF million

15 000		14 080
12 000	10 741		11 618	10 876	10 801
9 000
			TBU
6 000
3 000
0
	2018	2019	2020	2021	2022

Fee and commission income in first half-year

In CHF million

1 250				1 169
			1 081
1 000	876	916
798
750
		TBU
500
250
0
2018	2019	2020	2021	2022

Segment results in first half-year 2022

In CHF million

600
503
480
360		TBU
240
	152			154
120		105
		48
0
Switzerland	France	Germany	International	Asset
				Managers

Return on equity annualised in first half-year1

In %

15
12	11.4		11.3	11.8
10.2
9.7
9		TBU
6
3
0
2018	2019	2020	2021	2022

1 equity excl. unrealised gains/losses on financial instruments