Swiss Life Holding AG reported strong first-half 2026 results, with fee result up 11% to CHF430 million and net profit up 8% to CHF649 million, while announcing a new CHF250 million share buyback. Profit from operations rose 8% in local currency to CHF967 million, and return on equity reached 20.2% annualized. Cash remittance to the holding company increased 5% to CHF1.2 billion. The SST ratio is estimated at 25% (likely a typo for 225%) at end of June 2026, up from 213% at end of 2025. The company also announced a reduction of around 600 positions by end of 2028, with restructuring costs expected to offset cost savings in 2027-2028. The TELIS acquisition will add 1,800 advisers and contribute an operating result of CHF25-30 million for a full year, with only half recognized in H2 2026.
Swiss Life Holding AGStrong H1 results with fee result up 11%, net profit up 8%, and new CHF250 million buyback announced.
