ZURICH (dpa-AFX) - Swiss Life Holding AG (SLNH.VX, SZLMY.PK) reported first-quarter 2012 premium income of 6.26 billion Swiss francs or down 2% in local currency, thereby maintaining its course towards profitable growth. Also, the Group recorded a 0.9% non-annualised net investment return in a persistently volatile market environment, versus 1% in the previous year. Group's solvency ratio was 214% as at the end of March.
In the Swiss market, premiums rose 2% year-on-year to 4.335 billion Swiss francs. Ongoing strong demand for full-insurance solutions in occupational provisions was the main contributor to this result, the company said.
Copyright RTT News/dpa-AFX
© 2012 AFX News
