Full Year 2023 Swiss Life Holding AG Earnings Call Transcript
Ladies and gentlemen, welcome to the Swiss Life Presentation of the Full Year Results 2023 Conference Call and Live Webcast.
I am Sandra, the Chorus Call operator. (Operator Instructions) And the conference is being recorded. The presentation will be followed by a Q&A session. (Operator Instructions)
At this time, it's my pleasure to hand over to Patrick Frost, Group CEO of Swiss Life. Please go ahead, sir.
Good morning, and thank you for joining this call. Today, we publish our financial results for 2023. It's the first full year reporting under the new IFRS 17 and 9 accounting standards. And it's my last presentation of results to you before I hand over to Matthias Aellig after the AGM in May.
Let me start with a quick overview of the 2023 results on Slide 3. Swiss Life achieved 8% growth in net profit and increased the return on equity to 13.7%. This is on a comparable basis, which means both years under the IFRS 17 and 9
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