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Swiss Life posts 8% H1 profit gain, announces CHF250m buyback and 600 job cuts

Swiss Life logoSwiss Life
Sig2.95Sen+1.75Env0.00Soc-2.95Gov+1.05

Swiss Life Holding reported an 8% rise in first-half profit to CHF649 million and said operating profit increased to CHF967 million, with fee result growth. It announced a CHF250 million share buyback and plans to cut about 600 positions by end-2028, supported by digitalisation and efficiency efforts, while Swiss Life 2027 targets and assets under management growth remained on track.

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