Swiss Life Holding AG (LTS:0QMG)
CHF 714.4 -1.2 (-0.17%) Market Cap: 19.85 Bil Enterprise Value: 24.36 Bil PE Ratio: 18.98 PB Ratio: 2.57 GF Score: 55/100
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Q1 2021 Swiss Life Holding AG Earnings Call Transcript

May 11, 2021 / 08:00AM GMT
Release Date Price: CHF451 (-2.59%)
Operator

Ladies and gentlemen, welcome to the Swiss Life Presentation on the Q1 Results 2021 Conference Call and Live Webcast. I am Sandra, the Chorus Call operator. (Operator Instructions) And 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 Mr. Matthias Aellig, Group CFO of Swiss Life. Please go ahead, sir.

Matthias Aellig
Swiss Life Holding AG - Group CFO & Member of Corporate Executive Board

Good morning, ladies and gentlemen. Thank you for dialing in and for your interest in Swiss Life. Today, we are reporting selected top line figures for the first quarter of 2021. 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 14% to CHF 527 million. All segments contributed positively. Asset managers grew by 7%, owned IFAs by 23%

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