Swiss Life, a provider of pension and life insurance products, has acquired CapitalLeben in Liechtenstein, a company specializing in structured life insurance solutions. The two companies will operate under the Swiss Life name.
Swiss Life has assumed the contracts of CapitalLeben and now manages them under the Swiss Life brand. The company has client assets under management amounting to CHF5.8 billion and employs 55 members of staff. For the financial year 2007, premium of approximately CHF2 billion is expected.
As a result of this transaction, Swiss Life, with its companies in Liechtenstein and Luxembourg, is now one of the leading providers of pension planning for a clientele of international high net worth individuals. Its range of products and services comprises tailor-made concepts in the field of private placement life insurance and combines customized asset management with attractive pension solutions.