Swiss Life Holding - The open potential of the insurance industry in the future | Finance

In the context of the healthcare industry being of primary concern when seizing opportunities during the pandemic, Swiss Life Holding still grew steadily and ranked highly.

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Founded in 1857 with assets under management of approximately CHF 276.3 billion, Swiss Life Holding is considered a strong brand that attracts investors.

Swiss Life operates in three main areas: life insurance, property insurance and asset management. The company is present in more than 20 countries worldwide and provides insurance and asset management products and services to private and corporate customers. Swiss Life is listed on the SIX Swiss Exchange and is one of the largest companies in the Swiss Market Index. In 2020, Swiss Life had a total revenue of more than CHF 23 billion and employed more than 9,000 people worldwide.

Swiss Life Holding has a good reputation for quality service and asset management. The company has had good financial results over the years, with significant growth in revenue and profits.

Swiss Life Holding has released a promising financial report with total revenue in 2021 reaching CHF 22.8 billion, down 1% compared to 2020. However, pre-tax profit reached CHF 1.4 billion, up 2% compared to 2020. Total assets under management increased to a record level of CHF 284.4 billion, up 10% compared to 2020.

Swiss Life’s life insurance business also recorded good growth, with total revenue up 3% compared to the previous year. The company’s asset management business grew strongly, with total assets under management reaching a record high.

As a result, the company has proposed an attractive dividend payment on May 3, 2023, with a value of CHF 30 per share, the highest payout in the past 5 years. Compared to previous years, the company has been "generous" by raising the dividend value to CHF 30, an increase of 20% compared to last year and higher than previous years, respectively CHF 5 in 2020, CHF 21 in 2021 and CHF 25 in 2022.

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According to Morningstar - an organization that researches and evaluates investment companies, Swiss Life Holding is a company with growth potential with plans to expand its business scale and new products.

S&P Global Market Intelligence also rates the company as competitive in the insurance industry and has a diversified product development strategy.

Experts at Bloomberg also gave a positive assessment of Swiss Life Holding, stating that the company is taking measures to strengthen its position in the European market and grow sales by improving products and services.

Changes in consumer habits will have a direct impact on the insurance market. Consumers are increasingly concerned about their health, and therefore the demand for health-related insurance products will increase. Insurance companies such as Swiss Life Holding will have many opportunities to grow and reach more customers in the future.

New technology is changing the way the insurance market operates. Technologies such as artificial intelligence (AI), blockchain and the Internet of Things (IoT) are being used in the insurance industry to increase efficiency and reduce costs. For Swiss Life Holding, this is an important part of the company's strategy to ensure sustainable growth in the future.

Furthermore, the insurance industry will continue to expand. In its 2020 financial report, Swiss Life said that it will continue to focus on its core markets in Europe and Asia, while also exploring new opportunities for expansion. Specifically, the company has focused on the German and French markets and especially the Asian markets, including Japan and China.

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