Swiss Life Holding AG (XSWX:SLHNE)
CHF 635.4 1.2 (0.19%) Market Cap: 17.86 Bil Enterprise Value: 23.23 Bil PE Ratio: 19.02 PB Ratio: 2.58 GF Score: 55/100

Q3 2019 Swiss Life Holding AG Earnings Call Transcript

Nov 06, 2019 / 09:00AM GMT
Release Date Price: CHF508 (+0.40%)
Operator

Ladies and gentlemen, welcome to the Swiss Life Presentation of the Q3 Results 2019 Conference Call and Live Webcast. I'm Miruna, the Chorus Call operator. 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.

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

Good morning, ladies and gentlemen. Thank you for dialing in and for your interest in Swiss Life. Today, we're reporting selected top line figures for the first 9 months of 2019. 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 17% to CHF 1.3 billion. Swiss Life Asset Managers grew by 25%, our owned IFAs by 24%, and our own and third-party products and services by 6%.

Gross written premiums, fees and deposits received increase by

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