Swiss Life Group

What Swiss Life Group does

Swiss Life Group is a Zurich-headquartered, publicly traded European insurance and financial services provider (SIX: SLHN), founded in 1857 and operating across three core markets — Switzerland, France, and Germany — supplemented by an International segment and the Swiss Life Asset Managers platform. The group serves approximately 1.4 million private customers and more than 50,000 corporate clients in Switzerland alone, and reaches affluent, high-net-worth, and multinational corporate segments across Europe and selected international markets including Singapore, Liechtenstein, Luxembourg, and the UK.

The company's product portfolio centers on life and health insurance, reinsurance, and non-life insurance, complemented by corporate pension and employee benefit administration, third-party asset management (CHF 148 billion TPAM AUM as of March 2026), private banking via Swiss Life Banque Privée, and real estate management through Livit. Distribution runs through a proprietary multi-brand advisory network of approximately 17,000 financial advisors (Swiss Life Select, Tecis, Horbach, Proventus, Chase de Vere, and the pending TELIS Gruppe), bank and broker partnerships, and direct corporate sales. The technology stack is anchored on AWS cloud infrastructure with a custom Terraform-Lambda data governance platform using Amazon SageMaker, reducing environment deployment time from weeks to under 20 minutes.

Swiss Life generates revenue primarily through recurring insurance premiums and policy fees, fee-based income from advisory and asset management services, and investment income on its insurance balance sheet. Under the Swiss Life 2027 programme, the company targets fee income above CHF 1 billion, adjusted ROE of 17-19%, a dividend payout ratio above 75%, and cumulative cash transfer to the holding of CHF 3.6-3.8 billion over 2025-2027. The group reported FY2025 net profit of CHF 1.26 billion, an SST ratio of 213% (above the 140-190% strategic ambition), and serves a long-tail customer base across retail, corporate, and institutional channels.

Name

Swiss Life Group

Legal name

Swiss Life Holding AG

Website

https://swisslife.com

Company type

Public

Founded year

1857

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Swiss Life Group is a Zurich-based, publicly traded European insurance and financial services provider offering life insurance, pensions, asset management, and advisory services to private, corporate, and institutional clients across Switzerland, France, Germany, and select international markets.

Ownership category

akta.pro rank

Product category

Life Insurance and Pension Services

NAICS

Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411), Portfolio Management and Investment Advice (523940)

SIC

Life Insurance (6311)

akta.pro primary industry

Whole Life Insurance (FSAIABAA)

Keywords

• Life insurance products
• Pension solutions
• Asset management services
• Wealth management advisory
• Corporate benefits

Headquarters

HQ city

Zürich

HQ country

Switzerland

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Insurance Premiums: Life insurance, health, reinsurance, and non-life insurance premiums collected from policyholders. Core business generating the majority of revenue across Switzerland, France, and Germany markets.
2. Fee Income: Fee-based revenue from asset management (Swiss Life Asset Managers), advisory services through proprietary channels, and product/service distribution. Fee income target of over CHF 1 billion under Swiss Life 2027 programme.
3. Asset Management: Third-party asset management (TPAM) revenue from managing assets for external clients including institutional investors. TPAM assets under management of CHF 148 billion as of March 2026.
4. Corporate Pension Solutions: Employee benefit and corporate pension plan administration services for multinational companies, generating recurring fees for plan setup and management.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

Swiss Life Group provides life insurance, health insurance, pension and retirement solutions, wealth management, and corporate employee benefit products to private individuals, affluent clients, corporate clients, and multinational corporations across Switzerland, France, Germany, and other international markets. The company complements its insurance offerings with institutional and private asset management through Swiss Life Asset Managers and private banking through Swiss Life Banque Privée. Products are distributed through a proprietary network of approximately 17,000 advisors and partner channels.

Product overview

Swiss Life Group is a leading European provider of comprehensive pension and financial solutions operating across three core markets (Switzerland, France, and Germany) plus an International segment and Swiss Life Asset Managers. The company offers a multi-channel distribution model through its own advisors (Swiss Life Select and acquired brands like Tecis, Horbach, Proventus, Chase de Vere) as well as distribution partners. Its product portfolio centers on life insurance, health insurance, reinsurance, and non-life insurance, complemented by asset management services (Swiss Life Asset Managers) and private banking (Swiss Life Banque Privée). The group serves retail customers, affluent clients, and multinational corporations with individual advisory services and investment solutions. Recent expansion includes the 2026 acquisition of TELIS Gruppe to strengthen its German advisory network.

Differentiator

Problem solved

Functional benefit

Products and services

• Swiss Life Schweiz Swiss Life's home market operations offering comprehensive pension and financial solutions for 1.4 million private customers and over 50,000 companies. Provides life insurance, health insurance, pension planning, and corporate employee benefit solutions in Switzerland.
• Swiss Life Frankreich Life insurance and wealth management operations in France, positioned as a leading insurer and asset manager with a strong 'Private Insurer' positioning. Offers comprehensive pension, savings, and protection products to French retail and corporate customers.
• Swiss Life Deutschland Financial and pension solutions in Germany, recognized as a quality provider with award-winning products and qualified advisors. Offers life insurance, pension products, and financial advisory services to retail and corporate customers, with annual fee revenues exceeding EUR 1 billion (2025, including TELIS).
• Swiss Life International Cross-border segment offering insurance solutions for high-net-worth private customers and multinational companies. Provides tailored pension, risk, and investment advisory for retail and affluent customers across international markets, backed by a long-term partnership with Swiss Re for reinsurance capacity and product development.
• Swiss Life Asset Managers Asset management business providing investment and wealth management solutions to institutional and private investors. Manages CHF 148 billion in third-party assets with particular strengths in real assets and property management, operating across Switzerland, France, Germany, Luxembourg, and the United Kingdom.
• Swiss Life Banque Privée Private banking services within Swiss Life France, providing banking and wealth management solutions to private banking clients as part of the integrated financial services offering in the French market.
• Livit Real Estate Management Real estate management subsidiary providing property management services, supporting Swiss Life's real estate investment portfolio and offering professional real estate services across Swiss Life's operations.
• Swiss Life Global Solutions Insurance solutions for multinational companies operating across multiple countries, providing coordinated international pension and employee benefit solutions with cross-border administration capabilities.

Quantifiable outcome

• SST ratio of 213% as of December 2025, above strategic ambition of 140-190%
• +4 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Six partnerships are on record, tiered core and minor.

• TELIS GruppecoreStrategic or Co-development Partner · 21 May 2026Swiss Life Germany acquiring TELIS Gruppe with approximately 1,800 certified advisors, strengthening position as leading financial advisory company in Germany. TELIS brands and distribution independence will be preserved. Closing expected Q3 2026 pending regulatory approvals.
• Amazon Web Services (AWS)coreTechnology or Integration · 25 February 2026Swiss Life Germany implemented Amazon SageMaker within AWS cloud environment, developing custom Terraform-Lambda integration for automated data governance and collaboration. The solution democratized data access across the organization, reducing new environment deployment time from several weeks to under 20 minutes while maintaining security and compliance standards. Swiss Life plans to onboard all 180 database clusters to the platform.
• Amazon Web Services (AWS)coreTechnology or Integration · 15 January 2026AWS European Sovereign Cloud launch supported by policymakers, customers, and partners. The sovereign cloud infrastructure located within the EU is designed to meet strict data sovereignty requirements with new sovereign Local Zones in Belgium, Netherlands, and Portugal.
• Swiss RecoreStrategic or Co-development Partner · 12 November 2025Long-term partnership between Swiss Life International and Swiss Re for European employee benefit and pension solutions, providing reinsurance capacity and product development support for cross-border pension products.
• PricewaterhouseCoopers (PwC)minorImplementation/ SI/ Consulting PartnerPwC serves as external auditor for all companies within the Swiss Life Group consolidation perimeter, providing audit and assurance services.
• European PolicymakersminorStrategic or Co-development PartnerAWS European Sovereign Cloud supported by European policymakers for data sovereignty compliance and regulatory requirements.

Scale indicators19 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Allianz: Global insurance and asset management group headquartered in Germany. Directly comparable to Swiss Life as a leading European provider of life insurance, pension products, and asset management services with multi-channel distribution.
• AXA: Paris-headquartered global insurer offering life & health, property & casualty, and asset management. Closely comparable to Swiss Life given its strong European life and pensions franchise and growing focus on fee-based businesses.
• Zurich Insurance Group: Swiss-headquartered global insurer with life and non-life operations across Europe. Direct peer with overlapping customer base, distribution, and Swiss-domiciled regulatory regime; both compete for corporate pension and individual life customers in core Swiss and German markets.
• Swiss Re: Zurich-based global reinsurer and life & health insurer. Already a strategic partner to Swiss Life for cross-border pension products; comparable in life reinsurance capabilities and Swiss institutional footprint.
• Generali: Italian-headquartered global insurer with a large European life insurance and asset management franchise. Comparable to Swiss Life in life and pensions product mix, multi-country European distribution, and growing focus on fee-based asset management.
• Munich Re: German global reinsurer with primary insurance through ERGO. Comparable to Swiss Life through its life reinsurance business, asset management activities, and European life insurance exposure.
• CNP Assurances: French life insurer with strong position in personal insurance, pensions, and credit insurance. Comparable to Swiss Life France in life and pension products, particularly through partnerships with banks and corporate clients.
• Baloise Group: Swiss-based insurance and financial services provider with strong DACH region presence. Comparable to Swiss Life in life and non-life insurance, pensions, and asset management across Switzerland, Germany, and Belgium.
• Helvetia Insurance: St. Gallen-headquartered Swiss insurer offering life, non-life, and reinsurance across Switzerland, Germany, France, Austria, Spain, and Italy. Direct Swiss peer with overlapping product portfolio and distribution model.
• NN Group: Dutch life insurance and asset management company operating across Europe and Japan. Comparable to Swiss Life in life insurance, pensions, and European asset management focus with strong retail distribution networks.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC3_3-Fo7D3r54_T18QbmZKQ
• LinkedInlinkedin.com/company/swisslife
• Xx.com/swisslife_group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries14 records

Funding overview

Funding rounds3 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Swiss Life Group