Swiss Life Holding AG (OTCPK:SZLMY) Q2 2025 Earnings Call September 3, 2025 3:00 AM EDT
Company Participants
Matthias Aellig – Group CEO & Member of Corporate Executive Board
Marco Gerussi – Group CFO & Member of Corporate Executive Board
Conference Call Participants
Michael Huttner – Joh. Berenberg, Gossler & Co. KG, Research Division
David Barma – BofA Securities, Research Division
Nasib Ahmed – UBS Investment Bank, Research Division
Farooq Hanif – JPMorgan Chase & Co, Research Division
Thomas Bateman – Mediobanca – Banca di credito finanziario S.p.A., Research Division
Iain Pearce – BNP Paribas Exane, Research Division
Michele Ballatore – Keefe, Bruyette, & Woods, Inc., Research Division
René Locher – ODDO BHF Corporate & Markets, Research Division
Presentation
Operator
Ladies and gentlemen, welcome to the Swiss Life Presentation of the Half Year Results 2025 Conference Call and Live Webcast. I am Moira, 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 Mr. Matthias Aellig, Group CEO of Swiss Life. Please go ahead, sir.
Matthias Aellig
Group CEO & Member of Corporate Executive Board
Dear analysts and investors, good morning. Thank you for joining us, and welcome to our conference call. Today, we report our results for the half year 2025. I will provide you with a brief overview before handing over to our CFO, Marco Gerussi, for more details.
Swiss Life delivered a pleasing operational performance in the first 6 months of the year. We grew the insurance business, meaning premiums, operating results and contractual service margin. We also grew the fee business and achieved strong net new assets in our third-party asset management. In a nutshell, I am pleased with the business activity and the progress we have achieved. Altogether, we report growth in profit from operations and a
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