Swiss Life places a EUR 600 million hybrid bond
The net proceeds will fund general corporate purposes and potential debt refinancing. The instrument matures in 2046 with a first call option in September 2036 at a 4.75% coupon rate.
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Life insurer, pension provider, and asset manager
swisslife.comLast updated
In short: Swiss Life posted higher H1 2026 profit, announced a CHF 250m buyback and 600 job cuts.
The net proceeds will fund general corporate purposes and potential debt refinancing. The instrument matures in 2046 with a first call option in September 2036 at a 4.75% coupon rate.
The insurer grew its fee result and operating profit, launched a CHF 250 million share buyback, and plans to reduce 600 roles by 2028 through natural attrition.
Premium income of 7.5 billion CHF, gross result of 790 million and interest rate of up to 2.95%.
Fee income rises 6% to CHF 686m and premiums increase 5% to CHF 8.2bn. Swiss Life Germany acquires TELIS; SST ratio around 210%.
The insurer said the cuts would be divided approximately evenly between Swiss Life's Swiss operations and Swiss Life Asset ...
Swiss Life in the first half of 2026 with higher fee income and operating profit - reduction of around 600 positions by end of 2028 ^ Swiss Life Holding AG...
Swiss Life Holding AG presents robust figures: premium income, fee income and net profit increase, the dividend is raised. The share is currently moving near the middle...
Swiss Life started the year 2026 with solid growth. The pension and insurance group increased both premium volume and the...
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