Annual Report 2012 - Swiss Life

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4 Facts & Figures The Swiss Life Group’s 2012 financial year at a glance: Course of business — Swiss Life increased its adjusted profit from operations by 26% over the previous year to CHF 993 million in 2012. This was driven by operational improvements and an excellent investment result. Net profit came to CHF 93 million (2011: CHF 606 million) as a result of one-off effects, in particular the impairment in the value of AWD’s intangible assets of CHF 578 million. Swiss Life maintained its focus on profitability and grew in strategically important business areas. The Group generated overall premium volume of CHF 17.0 billion compared to CHF 17.1 billion in the previous year. Markets — The Swiss Life Group operates in Switzerland, Germany and France and has competency centres in Luxembourg, Liechtenstein and Singapore. Swiss Life Select (formerly AWD), tecis, HORBACH, Proventus and Chase de Vere advisors use the Best Select approach in various European markets to choose suitable products for customers. Swiss Life Asset Managers offers institutional and private investors in Switzerland and France access to investment and asset management solutions. Workforce — Around 7000 employees and approximately 4500 certified financial advisors were working for the Swiss Life Group worldwide at the end of 2012. The latest information about Swiss Life on the internet Would you like to learn more about the Swiss Life Group Are you looking for information on our corporate strategy, business activities or brand Maybe you want to know more about our role as a responsible company or the principles governing Swiss Life’s conduct as an employer We want to ensure that the information we provide in this context is always up to date. For this reason we no longer include it in the annual report, but instead provide extensive, varied and updated information on our website in the “About us” section: www.swisslife.com/aboutus Swiss Life – Annual Report 2012
5 Facts & Figures Net profit In CHF million 750 Result from operations In CHF million 1 500 600 1 000 450 300 150 345 277 560 606 500 0 –500 – 842 562 694 699 346 0 93 2008 2009 2010 2011 2012 –1 000 2008 2009 2010 2011 2012 Return on equity In % 10 Gross written premiums, policy fees and deposits received In CHF million 25 000 8 20 000 6 4 5.0 7.6 7.3 15 000 10000 18 515 4.0 20 219 20 191 17 143 17 046 2 0.9 5 000 0 2008 2009 2010 2011 2012 0 2008 2009 2010 2011 2012 Financial result In CHF million Swiss Life employees by country Total 7046 full-time equivalents as at 31.12.2012 7 500 4 5 6 6000 1 4 500 3000 1 500 0 600 4 588 4 368 4 459 6 043 2008 2009 2010 2011 2012 3 2 1 Switzerland 2 France 3 Germany 4 Luxembourg 5 Liechtenstein 6 Other 2 646 2 098 1 522 113 103 564 Swiss Life – Annual Report 2012
Page 1: Swiss Life Group annual report 2012
Page 6 and 7: 6 Shareholder’s Letter Dear Share
Page 8 and 9: 8 Summary of Group results Summary
Page 10 and 11: Amounts in CHF million 2012 2011 +/
Page 12 and 13: 12 Segment Reporting Segment Report
Page 14 and 15: 14 Segment Reporting New products l
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Page 22 and 23: 22 Segment Reporting Investment Man
Page 24 and 25: 24 Segment Reporting AWD The AWD Gr
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56 Corporate Governance The number
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58 Corporate Governance HIGHEST TOT
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60 Corporate Governance Shareholder
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62 Corporate Governance SUPERVISORY
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64 Risk Management Risk Management
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66 Market Consistent Embedded Value
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In CHF million 2012 2011 70 Market
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In CHF million 31.12.2012 31.12.201
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Number of shares 2012 2011 204 Cons
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In CHF million 2012 208 Consolidate
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226 Swiss Life Holding Financial St
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In CHF million 2012 2011 228 Swiss
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As % of total share capital 31.12.2
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In CHF million 2012 2011 232 Swiss
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250 Share Performance and Historica
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252 Contacts and Publishing Details
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130 286 The future starts here. Swi
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Annual Report 2012 - Swiss Life

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