General presentation of Swiss Life
The Swiss Life Group, which stands for Schweizerische Lebenversicherung und Rentananstalt, is a company specialising in insurance, and more specifically in life insurance. It is based in Zurich and is one of the leaders in its sector in Europe. Indeed, Swiss Life is the number one in life insurance in Switzerland but also leader in this field in Germany, France and Luxembourg. Of course, this group, although specialized in life insurance, also offers other types of insurance contracts. We can thus divide its activities into two main branches and in this way:
Life insurance is, of course, the largest business area for the Swiss Life Group, generating 97.2% of the Group's net earned premiums.
This is followed by non-life insurance contracts, including accident insurance, home insurance, provident and mutual insurance, which generate around 2.8% of the group's net premiums.
The Swiss Life Group has a particularly strong presence in Switzerland and Europe, employing over 7 500 people in various countries and generating annual sales of around CHF 20 billion. Its shares are listed on the SMI market of the Zurich Stock Exchange.
From a geographical point of view, Swiss Life naturally generates the largest share of its net earned premiums in Switzerland (70.3%). France accounts for 20.6%, Germany for 8.8% and the rest of the world for the remaining 0.3%.