Swiss Life Holding AG Reports 1H Results; Launches CHF 250M Share Buyback Programme
20 Articles
20 Articles
Swiss Life Holding AG reports 1H results; launches CHF 250M share buyback programme
Swiss Life Holding AG press release (SWSDF): 1H net profit: CHF 649 million (+8%). Fee result: CHF 430 million (+11% in local currency). Return on equity: 20.2% (HY 25: 17.6%).
The insurer is on course with its business figures, but reduces the number of its employees. Half of the job cuts are to be made in Switzerland.
On Tuesday, the Zurich insurer announced results above expectations over the first six months of the year. However, this dynamic is accompanied by a decrease in the number of employees to come. By the end of 2028, approximately 600 positions will be abolished, half of which in Switzerland, in order to gain "efficiency"
Surprise Move From Swiss Insurance Giant: It Is Going to Shrink Despite Strong Growth - Spokesperson
Swiss Life, Switzerland's leading life insurance firm, has decided to downsize despite a strong financial performance by boosting profits in the first half of 2026.
Swiss Life to cut up to 600 jobs by end-2028, half of them in Switzerland
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