Annual Report 2012 - Swiss Life

Amounts in CHF million
2012 2011 +/–
21 Segment Reporting
key figures for insurance International
Gross written premiums, policy fees and deposits received 2 892 3 033 –4.6%
Net earned premiums and policy fees 118 120 –1.7%
Commission income 12 13 –7.7%
Financial result 33 30 10.0%
Other income 0 –1 n/a
Total income 163 162 0.6%
Net insurance benefits and claims –18 –19 –5.3%
Policyholder participation –15 –14 7.1%
Interest expense –16 –15 6.7%
Operating expense –148 –124 19.4%
Total expense –197 –172 14.5%
Segment result –34 –10 n/a
Assets under control 19 281 17 360 11.1%
Insurance reserves 18 927 17 075 10.8%
Number of employees (full-time equivalents) 262 286 –8.4%
Segment Result Insurance International
In CHF million
30
Premiums for International, by type of insurance
1
15
0
–15
–27
–10
–30
–45
–36
–43
–34
2008 2009 2010 2011 2012
2
1 Group
2 Individual
7%
93%
Swiss Life – Annual Report 2012