Full-year Results 2020
Key figures FY 2020 results
✓ Net profit decreased by 13% to CHF 1 051 m
✓ Adjusted profit from operations declined by 5% to CHF 1 572 m
✓ Fee and commission income grew by 11% in local currency to CHF 1 957 m
✓ Fee result increased by 11% to CHF 601 m
<<<<<<<<<<<<<
Risk result slightly down by 1% to CHF 407 m
Premiums decreased by 12% in local currency to CHF 20.0 bn
Lower direct investment income of CHF 4 044 m at 2.4%
✓ AuM TPAM increased by 10% to CHF 91.6 bn with NNA of CHF 7.5 bn
Value of new business decreased by 17% to CHF 465 m; NBM increased from 1.9% to 2.6%
Return on equity ¹) down to 9.4% from 10.8%
✓ SST ratio estimated to be around 195% as of 01.01.2021, Solvency II ratio estimated at > 200%
✓ Cash to Holding up by 4% to CHF 784 m
✓
Proposed increase of dividend per share by CHF 1.0 to CHF 21.0
1) Equity excl. unrealised gains/losses
7 | Investor presentation | Full-year results 2020
SwissLifeView entire presentation