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Swiss Life: Solid Solvency, Slightly Weak Revenues.

FINANCIALS

Swiss Life (SLHNVX: A-) 1Q24 trading statement looks a little weak on operating metrics but solvency, the only direct credit read here, is solid and well above the target range. Spreads have broadly tracked the €IG insurance peers in the last month and this statement doesn’t appear a credit mover.


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Swiss Life (SLHNVX: A-) 1Q24 trading statement looks a little weak on operating metrics but solvency, the only direct credit read here, is solid and well above the target range. Spreads have broadly tracked the €IG insurance peers in the last month and this statement doesn’t appear a credit mover.


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