Swiss Life: 9m fee income up 10%
(CercleFinance.com) - Swiss Life's 9m 2020 results confirm the group's financial targets, it said.
In the first nine months of 2020, the Swiss Life Group generated fee income of 1399 million Swiss francs, up 10% in local currency.
In France, fee income rose by 7% to 243 million Swiss francs.
Swiss Life also announced its intention to resume its 400 million Swiss franc share buyback program, which was suspended in March this year. Under this program, the group plans to repurchase 371 million Swiss francs worth of its shares by the end of May 2021.
Copyright (c) 2020 CercleFinance.com. All rights reserved.