Swiss Life CEO Says 2015 Margin Goals ‘Ambitious,’ AWP Reports
2014-06-30 14:08:44.77 GMT
By Jan-Henrik Förster
June 30 (Bloomberg) -- Bruno Pfister says in interview with
Swiss news agency AWP that exceeding margin goals on a
sustainable basis is ambitious.
* Says Co. can be pleased if new business margin will be well
above 1.5%
* Says shareholders can expect higher payout ratios in mid-
term once regulatory requirements are met
* Says Swiss Life hasn’t been approached by US authorities on
tax issues
* Link to AWP article (German)
* NOTE: Pfister to leave Swiss Life as CEO as of July 1
* NOTE: Swiss Life shares fell as much as 1.8% in Zurich today
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To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net
2014-06-30 14:08:44.77 GMT
By Jan-Henrik Förster
June 30 (Bloomberg) -- Bruno Pfister says in interview with
Swiss news agency AWP that exceeding margin goals on a
sustainable basis is ambitious.
* Says Co. can be pleased if new business margin will be well
above 1.5%
* Says shareholders can expect higher payout ratios in mid-
term once regulatory requirements are met
* Says Swiss Life hasn’t been approached by US authorities on
tax issues
* Link to AWP article (German)
* NOTE: Pfister to leave Swiss Life as CEO as of July 1
* NOTE: Swiss Life shares fell as much as 1.8% in Zurich today
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Jan-Henrik Förster in Zurich at +41-44-224-4116 or
jforster20@bloomberg.net
To contact the editor responsible for this story:
Mariajose Vera at +49-89-244478-803 or
mvera1@bloomberg.net