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Swiss Life
The Swiss Life Group is the largest life insurance company of Switzerland and one of Europe’s leading comprehensive life and pensions and financial services providers, with approximately CHF 255.7 bn of assets under management. Founded in 1857 in Zurich as the ''Schweizerische Lebensversicherungs und Rentenanstalt'' cooperative, the company entered the Swiss stock market in 1997 and adopted its current name in 2002. In 2024 the group declared an adjusted profit from operations of CHF 1.78 billion, a 20% increase compared to the previous year. Net profit increased by 13% to CHF 1.26 billion. Swiss Life is one of the twenty companies listed under the Swiss Market Index, as SLHN. History Foundation and growth Conrad Widmer established the ''Schweizerische Rentenanstalt'' ("Swiss annuity institution") in 1857 as the first life insurance company in Switzerland, backed by guarantees from Schweizerische Kreditanstalt. Prominent Zurich politician Alfred Escher was closely involved ...
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Aktiengesellschaft
(; abbreviated AG ) is a German language, German word for a corporation limited by Share (finance), share ownership (i.e., one which is owned by its shareholders) whose shares may be traded on a stock market. The term is used in Germany, Austria, Switzerland (where it is equivalent to a ''S.A. (corporation), société anonyme'' or a ''società per azioni'') and South Tyrol for companies incorporated there. In the United Kingdom, the equivalent term is public limited company, and in the United States, while the terms "Incorporation (business), incorporated" or "corporation" are typically used, technically the more precise equivalent term is "joint-stock company". Meaning of the word The German word ''Aktiengesellschaft'' is a compound noun made up of two elements: ''Aktien'' meaning an acting part or shares, share, and ''Gesellschaft'', meaning company or society. English translations include ''share company'', or ''company limited by shares'', or joint-stock company. In German, ...
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Swiss Market Index
The Swiss Market Index (SMI) is Switzerland's blue-chip stock market index, which makes it the most followed in the country. It is made up of 20 of the largest and most liquid Swiss Performance Index (SPI) stocks. As a price index, the SMI is not adjusted for dividends. The SMI was introduced on 30 June 1988 at a baseline value of 1,500 points. It closed above the symbolic level of 10,000 points for the first time on 2 July 2019. It reached the 12,000 point milestone on 17 June 2021. It is currently in a bear market, which it entered on 22 September 2022 after losing more than 20%. This ended the bull market that had reached an all-time record closing price short of 13,000 on 28 December 2021. Its composition is examined once a year. As of September 2022, it contains 18 large-caps and two mid-caps. Calculation takes place in real-time. As soon as a new transaction occurs in a security contained in the SMI, an updated index level is calculated and displayed. However, the inde ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ...
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Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the south, and the North Sea to the west. Belgium covers an area of and has a population of more than 11.8 million; its population density of ranks List of countries and dependencies by population density, 22nd in the world and Area and population of European countries, sixth in Europe. The capital and Metropolitan areas in Belgium, largest metropolitan region is City of Brussels, Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a parliamentary system, parliamentary constitutional monarchy with a complex Federation, federal system structured on regional and linguistic grounds. The country is divided into three highly autonomous Communities, regions and language areas o ...
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The Netherlands
, Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Netherlands. The Netherlands consists of Provinces of the Netherlands, twelve provinces; it borders Germany to the east and Belgium to the south, with a North Sea coastline to the north and west. It shares Maritime boundary, maritime borders with the United Kingdom, Germany, and Belgium. The official language is Dutch language, Dutch, with West Frisian language, West Frisian as a secondary official language in the province of Friesland. Dutch, English_language, English, and Papiamento are official in the Caribbean Netherlands, Caribbean territories. The people who are from the Netherlands is often referred to as Dutch people, Dutch Ethnicity, Ethnicity group, not to be confused by the language. ''Netherlands'' literally means "lower countries" i ...
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France
France, officially the French Republic, is a country located primarily in Western Europe. Overseas France, Its overseas regions and territories include French Guiana in South America, Saint Pierre and Miquelon in the Atlantic Ocean#North Atlantic, North Atlantic, the French West Indies, and List of islands of France, many islands in Oceania and the Indian Ocean, giving it Exclusive economic zone of France, one of the largest discontiguous exclusive economic zones in the world. Metropolitan France shares borders with Belgium and Luxembourg to the north; Germany to the northeast; Switzerland to the east; Italy and Monaco to the southeast; Andorra and Spain to the south; and a maritime border with the United Kingdom to the northwest. Its metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea. Its Regions of France, eighteen integral regions—five of which are overseas—span a combined area of and hav ...
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Germany
Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total population of over 84 million in an area of , making it the most populous member state of the European Union. It borders Denmark to the north, Poland and the Czech Republic to the east, Austria and Switzerland to the south, and France, Luxembourg, Belgium, and the Netherlands to the west. The Capital of Germany, nation's capital and List of cities in Germany by population, most populous city is Berlin and its main financial centre is Frankfurt; the largest urban area is the Ruhr. Settlement in the territory of modern Germany began in the Lower Paleolithic, with various tribes inhabiting it from the Neolithic onward, chiefly the Celts. Various Germanic peoples, Germanic tribes have inhabited the northern parts of modern Germany since classical ...
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Bremen
Bremen (Low German also: ''Breem'' or ''Bräm''), officially the City Municipality of Bremen (, ), is the capital of the States of Germany, German state of the Bremen (state), Free Hanseatic City of Bremen (), a two-city-state consisting of the cities of Bremen and Bremerhaven. With about 577,000 inhabitants, the Hanseatic League, Hanseatic city is the List of cities in Germany by population, 11th-largest city of Germany and the second-largest city in Northern Germany after Hamburg. Bremen is the largest city on the River Weser, the longest river flowing entirely in Germany, lying some upstream from its River mouth, mouth into the North Sea at Bremerhaven, and is completely surrounded by the state of Lower Saxony. Bremen is the centre of the Northwest Metropolitan Region, which also includes the cities of Oldenburg (city), Oldenburg and Bremerhaven, and has a population of around 2.8 million people. Bremen is contiguous with the Lower Saxon towns of Delmenhorst, Stuhr, Achim, Wey ...
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Hamburg
Hamburg (, ; ), officially the Free and Hanseatic City of Hamburg,. is the List of cities in Germany by population, second-largest city in Germany after Berlin and List of cities in the European Union by population within city limits, 7th-largest in the European Union with a population of over 1.9 million. The Hamburg Metropolitan Region has a population of over 5.1 million and is the List of EU metropolitan areas by GDP, eighth-largest metropolitan region by GDP in the European Union. At the southern tip of the Jutland Peninsula, Hamburg stands on the branching River Elbe at the head of a estuary to the North Sea, on the mouth of the Alster and Bille (Elbe), Bille. Hamburg is one of Germany's three city-states alongside Berlin and Bremen (state), Bremen, and is surrounded by Schleswig-Holstein to the north and Lower Saxony to the south. The Port of Hamburg is Germany's largest and Europe's List of busiest ports in Europe, third-largest, after Port of Rotterdam, Rotterda ...
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Prussia
Prussia (; ; Old Prussian: ''Prūsija'') was a Germans, German state centred on the North European Plain that originated from the 1525 secularization of the Prussia (region), Prussian part of the State of the Teutonic Order. For centuries, the House of Hohenzollern ruled Prussia, expanding its size with the Prussian Army. Prussia, with its capital at Königsberg and then, when it became the Kingdom of Prussia in 1701, History of Berlin, Berlin, decisively shaped the history of Germany. Prussia formed the German Empire when it united the German states in 1871. It was ''de facto'' dissolved by 1932 Prussian coup d'état, an emergency decree transferring powers of the Prussian government to German Chancellor Franz von Papen in 1932 and ''de jure'' by Abolition of Prussia, an Allied decree in 1947. The name ''Prussia'' derives from the Old Prussians who were conquered by the Teutonic Knightsan organized Catholic medieval Military order (religious society), military order of Pru ...
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Cantons Of Switzerland
The 26 cantons of Switzerland are the Federated state, member states of the Switzerland, Swiss Confederation. The nucleus of the Swiss Confederacy in the form of the first three confederate allies used to be referred to as the . Two important periods in the development of the Old Swiss Confederacy are summarized by the terms ('Eight Cantons'; from 1353 to 1481) and ('Thirteen Cantons', from 1513 to 1798).rendered "the 'confederacy of eight'" and "the 'Thirteen-Canton Confederation'", respectively, in: Each canton of the Old Swiss Confederacy, formerly also ('lieu/locality', from before 1450), or ('estate', from ), was a fully sovereignty, sovereign state with its own border controls, army, and currency from at least the Treaty of Westphalia (1648) until the establishment of the Swiss federal state in 1848, with a brief period of centralised government during the Helvetic Republic (1798–1803). The term has been widely used since the 19th century. "" The number of canton ...
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Board Of Directors
A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the organization's own constitution and by-laws. These authorities may specify the number of members of the board, how they are to be chosen, and how often they are to meet. In an organization with voting members, the board is accountable to, and may be subordinate to, the organization's full membership, which usually elect the members of the board. In a stock corporation, non-executive directors are elected by the shareholders, and the board has ultimate responsibility for the management of the corporation. In nations with codetermination (such as Germany and Sweden), the workers of a corporation elect a set fraction of the board's members. The board of directors appoints the ch ...
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