Q3 2020 Swiss Life Holding AG Earnings Call Transcript
Ladies and gentlemen, welcome to the Swiss Life Presentation of the Q3 Results 2020 Conference Call. I am Sandra, the Chorus Call operator. (Operator Instructions) The conference is being recorded. (Operator Instructions) The conference must not be recorded for publication or broadcast.
At this time, it's my pleasure to hand over to Matthias Aellig, Group CFO of Swiss Life. Please go ahead, sir.
Good morning, ladies and gentlemen. Thank you for dialing in and for your interest in Swiss Life. Today, we are reporting on selected top line figures for the first 9 months of 2020. Please note that all figures quoted are in Swiss francs and are unaudited. All growth rates mentioned are in local currency.
Let me start with today's key messages. Afterwards, I will provide more details on our segments. Fee and commission income was up by 10% to CHF 1.4 billion. All sources contributed positively. Asset Managers grew by 12%, our owned IFA by 8% and our owned and third
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