The Swiss Life group increased its profit in 2005 by 44% to CHF874 million. Earnings per share came to CHF24.82, up 36%. Gross written premiums of CHF20.2 billion represent an organic growth of 8%. Operating costs were reduced by a further 2%.
Shareholders’ equity rose 22%, to CHF7.7 billion, while return on equity worked out at 12.3%. At its AGM on May 9 the board will propose a dividend of CHF5 per share in the form of a repayment of par value.
CEO Rolf Doerig commented that, once again, Swiss Life achieved a good result, and we set the course for a successful future. We are convinced that we will achieve the goals we defined for 2008.