Annual Report 2012 - Swiss Life

In CHF million
01.04.2011
210 Consolidated Financial Statements
31 Acquisition of Insurance Portfolio
In April 2011, the Swiss Life Group acquired the group life insurance portfolio of Nationale Suisse.
The assets acquired and liabilities assumed were as follows:
Assets acquired and liabilities assumed
Cash and cash equivalents 111
Financial assets available for sale 1 298
Loans and receivables 91
Investment property 256
Reinsurance assets 12
Present value of future profits 2
Other assets 2
Derivatives 0
Investment contracts –15
Other financial liabilities –58
Insurance liabilities –1 605
Policyholder participation liabilities –79
Deferred income tax liabilities –1
Other liabilities –3
Total net assets acquired 11
Swiss Life – Annual Report 2012