March 12 (Reuters) - Insurer Swiss Life SLHN.S said on Thursday that it is on track to fulfil its 2027 targets and proposed a dividend about 4% higher than that of last year as its full-year net profit fell in line with last year's results.
The main market for Switzerland's largest life insurance provider and a major real estate owner is its home country, which accounted for nearly half of its gross premiums in 2025 and saw growth across all divisions.
Flat full-year net profit of 1.256 billion Swiss francs ($1.61 billion), compared with 1.261 billion Swiss francs last year
Fee result of CHF 858 million, 2% lower than last year (CHF 870 million)
Premiums stood at CHF 20.9 billion, slightly higher than last year, up 3% in local currency, thanks to the firm's insurance segments
Swiss Life Asset Managers nearly doubled net new assets in its TPAM (third-party asset management) business to CHF 17.7 billion from CHF 9.5 billion last year, pointing to "strong inflows" in securities and real estate
The company now proposes a dividend of 36.50 Swiss francs per share, up from 35.00 Swiss francs per share last year
Swiss Life sees itself "well on track" for its “Swiss Life 2027” targets
($1 = 0.7815 Swiss francs)
(Reporting by Marleen Kaesebier in Gdansk; Editing by Rashmi Aich)
((marleen.kaesebier@thomsonreuters.com;))